Jupiter Energy: Perforating Gun Malfunctions Causing Skin Damage and Need for Repeat Operations
The Board of Jupiter, the Kazakhstan-focused oil exploration and production company, provides the following update. KEY POINTS: • Initial testing of well 19 indicates the well has penetrated reservoirs containing hydrocarbons. • A malfunction with the perforating guns and some loss of permeability close to the well bore as a …
Jupiter Energy: Well 19 hits 85m of Net Pay
The Board of Jupiter, the Kazakhstan-focused oil exploration and production company, is pleased to provide shareholders with the following well 19 drilling update. • Well 19 has been drilled to its final depth of 3068m; mud logs and open hole wireline logs indicate hydrocarbons in the Mid Triassic horizon. • …
Jupiter Energy: Shuts In Akkar East Production Due to Low Prices
The Board of Jupiter Energy Limited, the Kazakhstan-focused oil exploration and production company, provides shareholders with the following Operations Update. KEY POINTS: · Low domestic oil prices as well as low demand for feedstock by the Kazakh refineries has resulted in the decision that Jupiter will be shutting-in all oil production …
Jupiter Energy: J-58 Flow Encouraging
The Board of Jupiter Energy Limited, the Kazakhstan-focused oil exploration and production company, is pleased to provide shareholders with a general operations update, including progress with the Company’s drilling campaign in the southern section of Block 31 where three wells (J-55, J-58 and J-59) have been drilled in recent months. …