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Jadestone Energy PLC - Perth-based oil & gas development company with assets in Australia, Malaysia, Indonesia, Vietnam and the Philippines - Enters agreement with its panel of insurers. Under the agreement, Jadestone will receive $17.2 million in cash from the settlement of an insurance claim for a well workover that took place in 2021. Jadestone expects the funds to be received in the fourth quarter of this year.
Current stock price: 70.06 pence
12-month change: down 25%
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