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Jura Energy provide an update on production from Zarghun South


Published Nov 13, 2014
Jura Energy Corporation

Jura Energy Corporation announce the successful full commissioning of the surface processing facilities at its Zarghun South gas field and a consequent significant increase in sale gas volumes from the field.

As disclosed in Jura's press release dated August 13, 2014, "off specification" gas was being sold from the field under an interim gas sale arrangement (the "Interim Arrangement") due to a delay in the commissioning of an Amine Sweetening Unit. The "off specification" gas was being sold at a 30% price discount.

Following full commissioning of the processing facilities, gas supplied to Sui Southern Gas Company Limited ("SSGCL") now meets the specification requirements provided under the Gas Sale and Purchase Agreement with SSGCL and is no longer being sold at a 30% price discount for "off specification" gas.

Tags: Jura Energy Corporation




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