Jadestone Energy has completed the previously announced acquisition of a 9.52% non-operated interest in the producing Sinphuhorm gas field and a 27.2% interest in the Dong Mun gas discovery onshore northeast Thailand.
Jadestone Energy has executed a sale and purchase agreement with Salamander Energy (S.E. Asia), an affiliate of Medco Energi Internasional, to acquire a 9.52% non-operated interest in the producing Sinphuhorm gas field and a 27.2% interest in the Dong Mun gas discovery onshore northeast Thailand. The headline cash consideration is US$32.5 million.