Welcome to Jupiter Energy Limited
Jupiter Energy Limited is an oil exploration and production company, listed on the Australian Securities Exchange (ASX), trading under the ticker JPR. The Company owns 100% of the licence area, delineated as Block 36, in the Mangistau Basin, West Kazakhstan. Block 36 covered an area of 123km2 during the Exploration Period of its License, and now having discovered three oilfields and moved into full Commercial Production, the licence area with proved reserves is ~35km2.
The Company has its operations based in the port city of Aktau, which is located approximately 80km from Jupiter Energy’s field camp. Three oilfields have been discovered by the Company – Akkar North (East Block), Akkar East and West Zhetybai. The Company operates all three oilfields under their respective 25 year Commercial Production Licences, with the licenses running until 2045/46.
The Company has installed the requisite infrastructure required to achieve 100% gas utilisation on its three oilfields, meaning the oilfields can operate at their optimal production levels and oil produced can be sold into both the Kazakh domestic markets as well as the various export markets available to Kazakh oil producers.
The Company is currently completing a dual listing of its shares on the Astana International Exchange (AIX), Kazakhstan’s leading stock exchange.
The Company has an experienced Board and Management team with excellent in country experience and a proven track record in developing organisations from early phase to proven revenue generation. This web site seeks to provide a range of information on Jupiter Energy Limited that should be of value to shareholders, investors and other interested parties wishing to know more about the Company and its progress in Kazakhstan.
