Jadestone Energy said its pre-drill expectations for the Stag 49H infill well would likely remain in unchanged following the latest drilling operations at the well.

Based on the well data, there is no anticipated variance to the pre-drill expectations for this well, which was targeting approximately 1.2mmbbls of 2P oil reserves.

Drilling operations on the Stag 49H infill well successfully concluded on May 6, and the completion had now been run.

The Ensco 107 drilling rig had moved off location and was now off-hire.

At 10:24am: (LON:JSE) Jadestone Energy Inc Com Shs Npv Di share price was +1.25p at 51.5p