Jadestone Energy has signed a gas sales and purchase agreement with PV Gas, a subsidiary of state-owned Petrovietnam, for the supply of gas from the Nam Du and U Minh discoveries offshore Vietnam. The agreement sets out terms for gas sales, with production targeted to begin in late 2028 under an approved field development plan. Under the deal, daily contract quantities are set at 80 million standard cubic feet per day, equivalent to about 13,000 barrels of oil equivalent per day on a gross basis, with a maximum level of 110% and a take-or-pay threshold of 90%. The agreement includes pricing terms comparable to historical Vietnam gas imports, with fixed annual escalation, and is a pivotal moment for Jadestone to strengthen its portfolio and support growth ambitions. The Nam Du and U Minh fields are located in shallow waters offshore southwest Vietnam and contain independently audited gross 2P reserves of 32 million barrels of oil equivalent.