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Livermore Supports Jadestone's Montara Oil Deal

Activist hedge fund Livermore Partners, which took a board seat in Jadestone Energy back in 2016, announced its support of the firms' acquisition of the the Montara Oil Project from PTT Exploration and Production Public Company Limited. "We are supporters of the deal" said Livermore CEO David Neuhauser. "Livermore plans to commit further funds to the JSE equity raise and sees many organic levers to pull for the company." Hedge fund Tyrus Capital is also invested in Jadestone. Tyrus, along with Livermore, were participants in Jadestone's restructuring during the crude oil downturn....