Aussie infill campaign delayed

摘要

Jadestone Energy is making further reductions to its 2020 capital expenditure (capex) due to the collapse of the global crude oil benchmarks and the impact of the coronavirus crisis on global oil demand. As a result, Jadestone said that is has opted to defer its Australia infill drilling campaign at Montara and Stag into 2021. The company said it believes it is “prudent to implement stringent capex reductions across its portfolio and is there- fore further reducing its 2020 capex guidance.”