Jupiter Energy (ASX: JPR) — Company Overview, News & Financial Data
Jupiter Energy is an oil exploration and production company focused on onshore assets in the Mangistau Basin of Western Kazakhstan.
Jupiter Energy
Jupiter Energy is an oil exploration and production company focused on onshore assets in the Mangistau Basin of Western Kazakhstan. The company holds 100% interests in two production contracts covering three onshore oilfields: Akkar North (East Block), Akkar East, and West Zhetybai. Operating under 25-year commercial production licences valid through 2045 and 2046, the company extracts crude oil from Triassic depth reservoirs. Crude oil produced from these assets is sold into domestic Kazakhstan market channels as well as to international export traders, supported by integrated regional gas utilisation infrastructure.
Snapshot
Operations
Products and/or services of Jupiter Energy
- Akkar East Oilfield Operations: Onshore crude oil production asset in the Mangistau Basin of Western Kazakhstan, operating under a 25-year commercial production licence valid through 2045, extracting crude oil from Triassic depth reservoirs for commercial distribution.
- Akkar North East Block Asset: Onshore crude oil producing asset located in the Mangistau Basin, Western Kazakhstan, operated under a 25-year commercial licence with crude oil extracted from Triassic formation wells for domestic and export channels.
- West Zhetybai Field Operations: Onshore oilfield producing crude oil under a 25-year commercial production licence in Western Kazakhstan's Mangistau Basin, contributing to a total 36.5 million barrel 2P reserve base across operations.
- Domestic and Export Oil Distribution: Commercial sale and delivery of produced crude oil to Kazakhstan domestic buyers and international export trading partners, generating primary operating revenues from Western Kazakhstan fields.
- Gas Utilisation Infrastructure: Integrated field infrastructure delivering 100% gas utilisation across production facilities via operational integration with a neighbouring producer, ensuring regulatory compliance and enabling unconstrained production.
- Field Development Drilling: Comprehensive onshore drilling and field development programs targeting Triassic depth reservoirs across three production licences in Western Kazakhstan to enhance well deliverability and increase oil production.
Jupiter Energy executive team
- Mr. Geoffrey Anthony Gander B.Com.MD, CEO & Director
- Mr. Greg HammondChief Financial Officer
- Mr. Abzal ZhaparovGeneral & Technical Director
- Mr. Justyn StedwellCompany Secretary