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Jadestone secures approval from NOPTA for CWLH Asset Title Transfer

17/05/2023

Jadestone Energy has received approval from Australia’s National Offshore Petroleum Titles Administrator (“NOPTA”) for the title transfer relating to the acquisition of the interest in the CWLH fields offshore Australia (originally announced in July 2022).

The NOPTA approval referenced above is a key condition to drawing the reserves-based loan (“RBL”) which is currently being arranged with several banks. The Company continues to progress the RBL workstreams and a further announcement will be made when appropriate.

KeyFacts Energy: Jadestone Energy Australia country profile

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