Geo-Jade Petroleum

Last updated
Geo-Jade Petroleum
Company type Public
SSE: 600759
Industry Oil and gas industry
FoundedOctober 8, 1996;28 years ago (1996-10-08) in Shanghai, China
Website www.geojade.com/

Geo-Jade Petroleum is a Chinese oil and gas exploration and production company with oilfields in Kazakhstan, [1] Albania, [2] and Iraq. [3]

The company has made two major acquisitions in 2014–15. In December 2014 it completed the acquisition of 95% of the shares of Maten Petroleum for $526 million. Maten Petroleum's main assets are located in three oil field blocks in production in Kazakhstan, the Matin, Eastern Kokarna and Kara-Arna oil fields. [4] In the other deal, in January 2015 the company announced a $400 million acquisition of Kozhan JSC, an oil producing company in Kazkahstan with rights to develop the Morskoye, Karatal, Dauletally fields in Atyrau Oblast. [5]

The company's stock is listed in the Shanghai Stock Exchange (600759.SH) since October 8, 1996. [6]

References

  1. ↑ Mamyshev, Zhanbolat (October 19, 2023). "Chinese Geo-Jade Petroleum will launch exploration of Pridorozhnoe gas field next year".
  2. ↑ Mejdini, Fatjona (March 21, 2016). "Chinese Buy Rights to Oil Fields in Albania".
  3. ↑ Lee, John (May 20, 2024). "China's Geo-Jade in New Integrated Oilfield Project in Iraq".
  4. ↑ "December 2014 Saw M&As Surging up; Another M&A and Reorganization Tide Is Around the Corner". PEdaily.cn. January 7, 2015. Archived from the original on 2015-04-02.
  5. ↑ "Kozhan". Petroleum Journal. January 2015.
  6. ↑ "Introduction Geo-Jade Petroleum Corporation".
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.