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