The Board of Jupiter Energy Limited, the Kazakhstan-focused oil exploration and production company provide shareholders with the following production update.

The Company announced on 16 July 2012 that an application to carry out additional perforations in the J-51 well to conduct testing of the previous untested Mid Triassic (A) horizon had been approved by the Kazakh authorities.

After the initial workover was completed, the flow rate from both the Mid Triassic (A) and (B) horizons from the well was 600 - 650 barrels of oil per day (bopd); after final cleanup of the well the stabilized flow rate, on a 9mm choke, remains at this level.

Tags: Jupiter Energy Limited