JADESTONE ENERGY HOLDINGS LIMITED

Figures converted to GBP from USD at 0.752 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte (NI) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis as the directors of the Company are satisfied that financial support from the ultimate holding company will be available when required.”

Group structure

1. JADESTONE ENERGY HOLDINGS LIMITED · parent
   1. Jadestone Energy (CWLH) Pty Ltd 100% · Australia · Production of oil & gas
   2. Jadestone Energy Inc. 100% · Canada · Investment holdings
   3. Jadestone Energy (PM) Inc. 100% · Bahamas · Production of oil & gas
   4. Jadestone Energy Pte Ltd 100% · Singapore · Investment holdings
   5. Jadestone Energy Services Sdn Bhd 100% · Malaysia · Administration
   6. Jadestone Energy UK Services Ltd 100% · England and Wales · Administration
   7. Jadestone Energy (Australia) Pty Ltd 100% · Australia · Production of oil & gas
   8. Jadestone Energy (Australia Holdings) Pty Ltd 100% · Australia · Investment holdings
   9. Jadestone Energy (Eagle) Pty Ltd 100% · Australia · Production of oil & gas
   10. Jadestone Energy (Lemang) Pte Ltd 100% · Singapore · Production of oil & gas
   11. Jadestone Energy Ltd 100% · Bermuda · Investment holdings
   12. Jadestone Energy (Malaysia) Pte Ltd 100% · Singapore · Production of oil & gas
   13. Jadestone Energy (PHT GP) Limited 100% · England and Wales · Investment holdings
   14. Jadestone Energy (Singapore) Pte Ltd 100% · Singapore · Investment holdings
   15. Jadestone Energy (Thailand) Pte Ltd 100% · Singapore · Investment holdings
   16. Mitra Energy (Philippines SC-56) Ltd 100% · Bermuda · Exploration
   17. Mitra Energy (Vietnam Nam Du) Pte Ltd 100% · Singapore · Exploration
   18. Mitra Energy (Vietnam Tho Chu) Pte Ltd 100% · Singapore · Exploration
   19. PHT Partners Lp 100% · Delaware · Investment holdings

Significant events

• “On 14 November 2023, Jadestone Energy (CWLH) Pty Ltd, an indirect subsidiary of the Company has executed a sale and purchase agreement with Japan Australia LNG (MIMI) Pty Ltd (the "Seller"), to acquire the Seller's non-operated 16.67% working interest in the Cossack, Wanaea, Lambert, and Hermes ("CWLH") oil fields development, offshore Western Australia, for a total initial cash consideration of US$9.0 million, and certain subsequent Abandonment Trust Payments (the "Acquisition"). The Acquisition was completed on 14 February 2024.”
• “On 26 April 2024, the RBL Banks finalised a routine redetermination of the borrowing base under the RBL, with the revised borrowing capacity of US$200.0 million. Stag has been removed from the borrowing base assets and replaced with the second acquisition of 16.67% of the CWLH assets, acquired on 14 February 2024. At March 2025 redetermination, the borrowing capacity was reduced to US$167.0 million.”
• “On 22 June 2024, Jadestone Energy (Lemang) Pte Ltd, an indirect subsidiary of the Company has announced mechanical completion of the Akatara Gas Processing Facility (the "Facility") and the introduction of reservoir gas into the Facility. On 31 July 2024, following successful packing of the 17km export pipeline from the Akatara field, commercial gas sales into the regional trunkline in Sumatra commenced at a rate of c.4.0 mmscfd, or approximately 20% of the daily contracted quantity ("DCQ") under the Akatara gas sales agreement.”
• “Jadestone Energy (PM) Inc, a direct subsidiary of the Company has been awarded the Puteri Cluster SFA PSC as the operator holding 100% participating interest in the PSC, with 1 July 2024 as the effective date, being the date the PSC was officially signed between PETRONAS and the Group. With this in effect, the AAKBNLP and PM318 PSC is deemed relinquished as at 30 June 2024.”
• “One cyber security breach during the year, with no material impact. As a result several systems upgrades and cyber security initiatives were implemented throughout 2024 to improve IT resiliency, continuity and security.”
• “Mitra Energy (Philippines SC-56) Ltd was dissolved on 31 December 2024.”
• “On 2 April 2025, the RBL Banks finalised a routine redetermination of the borrowing base under RBL, with the revised borrowing capacity reduced from US$200.0 million to US$167.0 million following the sale of Sinphuhorm and the passing of the Lemang completion test. The reduction in the RBL was made on 17 April 2025 from the cash receipt generated from the sale of Sinphuhorm.”
• “On 10 April 2025, Jadestone Energy (Australia Holdings) Pty Ltd, an indirect subsidiary of the Company closed a US$30.0 million working capital facility with international bank with a maturity date of 31 December 2026. The facility carries a Secured Overnight Financing Rate ("SOFR"), plus 7% margin and was undrawn at the date of signing the financial statements.”
• “On 16 April 2024, Jadestone Energy Pte Ltd, a direct subsidiary of the Company has divested its 9.52% interest in the producing Sinphuhorm gas field and Dong Mun discovery onshore Thailand to PTTEP HK Holding Limited, a subsidiary of PTTEP, Thailand's national oil and gas company, for a cash consideration of US$39.4 million, with a further US$3.5 million in cash payable contingent on future license extensions.”
• “On 31 March 2025, the Group commenced drilling the Skua-11 well sidetrack within the Montara license. The well reached its target depth in July 2025, later than originally anticipated due to external factors. Production commenced in early August 2025, with output initially exceeding 6,000 bbls/d before stabilizing at approximately 4,400 bbls/d, above the previously guided rate of 3,500 bbls/d.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.