20.09.2016, 18:11
JUPITER ENERGY Updates KASE on Operations
OREANDA-NEWS. JUPITER ENERGY LIMITED (West Perth), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following information statement:
"OPERATIONS UPDATE
KEY POINTS:
- Block 31 Exploration Licence extended to 29 December 2019.
- 3 year Work Program (2017-2019) is now being progressed with all the relevant Kazakh Regulatory Authorities towards final approval.
- The Company is now working with various oil marketing groups to position itself for a return to oil production once all the relevant Trial Production Licences for the 2017-2019 period have been approved.
- Company continues to work on various options to provide long term funding for the ongoing development of Block 31".
"OPERATIONS UPDATE
KEY POINTS:
- Block 31 Exploration Licence extended to 29 December 2019.
- 3 year Work Program (2017-2019) is now being progressed with all the relevant Kazakh Regulatory Authorities towards final approval.
- The Company is now working with various oil marketing groups to position itself for a return to oil production once all the relevant Trial Production Licences for the 2017-2019 period have been approved.
- Company continues to work on various options to provide long term funding for the ongoing development of Block 31".
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