Jade Energy was formed in 2018 from the existing RCMA Energy businesses
Jingemia Field farmout process successful with Metgasco Ltd (ASX:MEL), Vintage Energy Ltd (ASX:VEN) and Refine Energy Pty Ltd. iSwitch consolidates its position as the #3 largest energy retailer in Singapore with 105,000 customers.
iSwitch acquires 75,000 customers and growing. Electronic submersible pumps installed at Jingemia to further enhance production and farmout process begins.
Jade Energy is spun off from existing RCMA Energy businesses. iSwitch commences serving the residential market. RCMA Australia acquires a 93.72% interest in and takes operatorship of the Jingemia Field. SGX market-making activities under the Futures Incentive Scheme started on 1 Aug 2018.
iSwitch served more than 3,000 commercial accounts.
RCMA Group rebrands its subsidiaries under the 'RCMA' name.
Acquired 65% interest in production license for the Jingemia Field.
RCMA Group establishes RCMA Energy. Begins trading in Australian and Singapore exchange listed and OTC electricity contracts. Receives its Singapore Electricity Retail licence.
iSwitch, our electricity retail subsidiary was formed.