JUPITER ENERGY LIMITED (Australia) announces drilling well 19
24.11.14 15:14
/KASE, November 24, 14/ – JUPITER ENERGY LIMITED (West Perth), whose shares are
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with
the following information statement:
quote
... the Company notifies you of drilling well 19.
Well 19 will be drilled in field East Akkar, in the area situated between
production wells J-51 and J-52. The well will be drilled in the Mid-Triassic, in
the area of existing deposits of category С1. In case of success, immediately
after the development the well will be put into trial operation.
The drilling contractor has begun mobilization, construction of the well site is
underway.
The spudding-in of the well is scheduled for the mid-December; it is expected
that reaching of the projected depth will take 60 days.
The company will on time inform its shareholders on the progress and results of
the drilling program.
contacts:
Jupiter Energy (+61 89 322 8222)
Geoff Gander (geoff@jupiterenergy.com)
FinnCap Ltd +44 (0)20 7220 0500
Matt Gud /Christopher Raggett (Corporate finance)
Simon Johnson (Corporate brokerage)
unquote
[2014-11-24]