Jupiter Energy Limited
Jupiter Energy Limited is an oil exploration and production company.
The business
Jupiter Energy Limited is an oil exploration and production company. The Company is focused on developing its onshore assets in Western Kazakhstan. The Company holds 100% of the Block 31 permit, located in the oil rich Mangistau Basin, close to the port city of Aktau. Block 31 is approximately 123 square kilometers in size and the entire permit covers an area of proven oil production. It has its operations based in the port city of Aktau, which is located around 80 kilometers from Block 31. Three oilfields have been discovered on the permit area - West Zhetybai, Akkar East and Akkar North (East Block). Both Akkar East and Akkar North (East Block) oilfields operated under the Full Commercial Licenses and the West Zhetybai oilfield operated under the Preparatory Period of its Commercial License. The Company sells its products through a variety of sales channels, including both the domestic and export oil markets. It has cumulative production at around 90 tons (675 barrels) per day.
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Latest news

Junior energy stocks are back in the spotlight
The Australian Securities Exchange this week sent out a raft of price queries after a large number of hitherto languishing penny energy stocks sprung to life, with some recording three figure percentage gains. Others, slightly further up the food chain and with advanced projects, were also caught by the incoming market tide. The moves may, […]

Jupiter Energy brings on three more oil wells in Kazakhstan
Kazakhstan oil producer Jupiter Energy (ASX: JPR) has received all necessary approvals for its Akkar East oilfield to move to commercial status with three new wells already producing. Until now, oil production has been limited to two earlier wells while the company awaited the all clear from the government for this latest expansion. In the June quarter, […]

Jupiter Energy’s share price rockets on no news leaving investors scratching their heads
Despite a plunging oil price, junior oil producer Jupiter Energy’s (ASX: JPR) share price has rocketed by a whopping 17,150% this week prompting an ASX speeding ticket on Wednesday and a pause in trade this morning pending a further announcement, but not before it had reached an intraday high of $0.345. Jupiter’s response to the […]
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