Posted by ERCE on Wed, 11/27/2019 - 16:34

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.