Scandoil  

Jupiter Energy to extend the trial production licence for J-50


Published Nov 28, 2014
Jupiter Energy Limited-2

The Board of Jupiter Energy Limited provides an update on the extension of the Trial Production Licences for wells J-50, J-51, J-52 and J-53.

Applications for the extension of Trial Production licences on the J-51, J-52 and J-53 wells (all located on the Akkar East accumulation) are proceeding without delay.

However, the Company has been advised that its application to extend the Trial Production Licence for J-50 is being held by the Kazakh Committee of Geology pending resolution of the allocation of reserves associated with the well.

The J-50 well is located at the northern end of the Block 31 licence and penetrates the eastern part of the Akkar North accumulation. The western part of the Akkar North field is located within an area licenced to MangistauMunaiGas (MMG). Jupiter estimates the reserves attributable to the Akkar North field within the Block 31 permit are approximately 8 million barrels of oil recoverable (C1+C2).

Tags: Jupiter Energy Limited




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml