24th Jan 2014 09:05
24 January 2014
Jupiter Energy Limited ("Jupiter" or the "Company")
Tenement Information
The Board of Jupiter Energy Limited, the Kazakhstan-focused oil exploration and production company, trading on AIM ("JPRL"), ASX ("JPR") and KASE ("AU_JPRL"), would like to advise of the following information in line with ASX Listing Rule 5.4.3:
Country | Block / License | Interest held as at 30 September 2013 | Interest acquired / disposed of during the quarter | Interest held at 31 December 2013 |
Kazakhstan | Block 31 | 100% | Nil | 100% |
ENDS
Enquiries:
Jupiter Energy (+61 89 322 8222)
Geoff Gander ([email protected])
finnCap Ltd +44 (0)20 7220 0500
Matt Goode/Christopher Raggett (Corporate Finance)
Simon Johnson (Corporate Broking)
GMP Securities (Europe) LLP +44 (0) 20 7647 2800
Rob Collins (Corporate Finance)
About the Company:
Jupiter Energy Limited is an oil exploration and production company, quoted on the AIM, ASX and KASE markets. The Company is focused on developing its onshore assets in western Kazakhstan. In 2008 the Company acquired 100 per cent of the Block 31 permit, located in the oil-rich Mangistau Basin, close to the port city of Aktau.
Jupiter has a proven in-country management team, led by an experienced, international Board, together possessing the skills, knowledge, network and attention to detail needed to operate successfully in Kazakhstan. The forward plan will see Jupiter develop a group production facility on Block 31 to process, store and export oil. This topside infrastructure is a key element in moving to long-term production and the achievement of self-funding for further development of Block 31.
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Jupiter Energy