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Jadestone Energy Inc. to Acquire an Operated 69% Interest in the Maari Project, Offshore New Zealand

On 18th November 2019, Jadestone Energy Inc., an independent oil and gas production company focused on the Asia Pacific region, announced the execution of a sale and purchase agreement with OMV New Zealand Limited, a subsidiary of OMV, to acquire an operated 69% interest in the Maari Project, offshore New Zealand. ERCE prepared a Reserves audit for Jadestone with an effective date of December 31st 2018.

The full press release can be found here.