Company Management

Jupiter Energy Limited is a Kazakh focused oil exploration and production company. The vast majority of the Company's workforce are based at its Operational Centre in Aktau, the port city located on the Caspian sea in the Mangistau Oblast.

Aktau is an approximate 1.5 hour drive from Block 31. The Aktau office is responsible for all day to day functions including Drilling Operations, Geoscience, Engineering, Finance, Legal and Administration.

The Aktau team is currently only producing from two of its five wells as it awaits the requisite government approvals to move the Akkar East oilfield into Commercial Production. Staffing numbers stand at ~25 people and this is expected to increase to ~40 professionals when the Akkar East field returns to production in 2H 2020. The Company also uses a number of Aktau based sub contractors for specific field work when required - all managed under the leadership and supervision of the Aktau Management Team who in turn report as a group directly to the Group CEO. 

The organisation is very conscious of the need to combine international and local experience and the leadership team is built on the philosophy of being able to think and act across borders, blending autonomy with corporate governance, discipline and control.