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IN BRIEF: Jadestone Says Longstop Date For Maari Buy Pushed Back

25th Sep 2020 15:48

Jadestone Energy Inc - Asia Pacific-focused oil and gas company - Agrees with OMV New Zealand Ltd to extend long stop date for acquisition of 69% stake in Maari project, New Zealand. Company says both are committed to sealing deal by end of 2020. "Jadestone intends to establish New Zealand as an extension to its Australia core area, and sees the Maari project as a natural fit with its strategy to acquire and reinvest into mid-life producing assets," Jadestone added.

Current stock price: 56.00 pence

Year-to-date change: down 39%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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Jadestone Energy
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