Geo-Jade Petroleum

{{Infobox company

| name = Geo-Jade Petroleum

| logo = Geo-Jade Logo.png

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| type = Public

| traded_as = {{SSE|600759}}

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| foundation = {{Start date and age|1996|10|8}} in Shanghai, China

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| industry = Oil and gas industry

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| homepage = [http://www.geojade.com/ www.geojade.com/]

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Geo-Jade Petroleum is a Chinese oil and gas exploration and production company with oilfields in Kazakhstan,{{Cite web |last=Mamyshev |first=Zhanbolat |date=October 19, 2023 |title=Chinese Geo-Jade Petroleum will launch exploration of Pridorozhnoe gas field next year |url=https://kz.kursiv.media/en/2023-10-19/chinese-geo-jade-petroleum-will-launch-exploration-of-pridorozhnoe-gas-field-next-year/}} Albania,{{Cite web |last=Mejdini |first=Fatjona |date=March 21, 2016 |title=Chinese Buy Rights to Oil Fields in Albania |url=https://balkaninsight.com/2016/03/21/chinese-company-to-take-over-oil-fields-of-albania-03-21-2016/}} Iraq.{{Cite web |last=Lee |first=John |date=May 20, 2024 |title=China's Geo-Jade in New Integrated Oilfield Project in Iraq |url=https://www.iraq-businessnews.com/2024/05/20/chinas-geo-jade-in-new-integrated-oilfield-project-in-iraq/}}

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.{{cite news|title=December 2014 Saw M&As Surging up; Another M&A and Reorganization Tide Is Around the Corner |url=http://en.pedaily.cn/Item.aspx?id=220150 |publisher=PEdaily.cn |date=January 7, 2015 |url-status=dead |archiveurl=https://web.archive.org/web/20150402212726/http://en.pedaily.cn/Item.aspx?id=220150 |archivedate=2015-04-02 }} 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.{{cite news|title=Kozhan|url=http://www.petroleumjournal.kz//index.php?p=news-more&owner_id=36&id=429&outlang=3&year=2015|agency=Petroleum Journal|date=January 2015}}

The company's stock is listed in the Shanghai Stock Exchange (600759.SH) since October 8, 1996.{{Cite web|url=http://www.geojade.com/html/en/Aboutus/224.html|title = Introduction Geo-Jade Petroleum Corporation}}

References

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{{Portal|China|Energy|Companies}}

{{Oil and gas companies of China}}

Category:Oil companies of China

Category:Companies listed on the Shanghai Stock Exchange