Last C$0.24 CAD
Change Today 0.00 / 0.00%
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As of 12:48 PM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).

jura energy corp (JEC) Snapshot

Open
C$0.24
Previous Close
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Day High
C$0.24
Day Low
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52 Week High
11/1/13 - C$0.40
52 Week Low
12/30/13 - C$0.17
Market Cap
16.2M
Average Volume 10 Days
10.1K
EPS TTM
C$-0.05
Shares Outstanding
69.1M
EX-Date
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P/E TM
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Dividend
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Current Stock Chart for JURA ENERGY CORP (JEC)

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jura energy corp (JEC) Details

Spud Energy Pty Limited is engaged in the exploration, development, and production of petroleum and natural gas properties. It holds operated and non-operated working interests in nine exploration licenses and leases in Pakistan. The company was founded in 1996 and is headquartered in Calgary, Canada. Jura Energy Corporation operates as a subsidiary of Eastern Petroleum Limited.

37 Employees
Last Reported Date: 03/21/14
Founded in 1996

jura energy corp (JEC) Top Compensated Officers

Interim Chief Executive Officer, President, D...
Total Annual Compensation: C$174.8K
Chief Financial Officer
Total Annual Compensation: C$78.7K
Compensation as of Fiscal Year 2013.

jura energy corp (JEC) Key Developments

Jura Energy Corporation Announces the Commencement of Commercial Production from Zarghun South Gas Field in the Zarghun South Block

Jura Energy Corporation announced the commencement of commercial production from the Zarghun South gas field in the Zarghun South Block. Approximately 4 MMcfd (1.6 MMcfd net to Jura) of gas from the field is being sold to Sui Southern Gas Company Limited ("SSGCL") under an Interim Gas Sale Arrangement. This Interim Arrangement was approved by the Joint Venture partners pending the installation and commissioning of an Amine Sweetening Unit (ASU), used to remove carbon dioxide and hydrogen sulphide from the inlet gas stream. During this Interim Arrangement, a chemical scavenger is being used in place of the ASU. The gas sold during this interim period will be off specification, as this gas will not fully meet the specified composition standard agreed under the original Gas Sale Agreement with SSGCL. This Interim Arrangement will continue until the ASU becomes fully operational, which is expected to occur in October 2014. Approximately 80% of Zarghun South's reserves are certified as tight gas" under Pakistan's Tight Gas (Exploration and Production) Policy, 2011. The tight gas is expected to be entitled to a price of $6.74 per MMBtu. Zarghun South gas has a heating value of approximately 900 Btu/Scf. Under the terms of the Interim Arrangement, the off specification gas will be sold at a discount of 30% to the price that would otherwise be applicable to the gas.

Jura Energy Corporation Announces Badar-2 Test Results

Jura Energy Corporation completed in the Sui Main Limestone formation of Eocene age. During a short duration pre-stimulation test on 64/64 inch choke, the well flowed gas at the rate of approximately 13 MMcf/d and a wellhead flowing pressure of 697 psi. Badar-2 is located approximately 2.2 km from the existing Badar pipeline infrastructure. Anticipated future production from Badar-2 is expected to be entitled to a gas price of $6 per MMBtu under Pakistan's Petroleum (Exploration & Production) Policy, 2012. The Badar lease covers an area of 122 km(2) and is located in the Middle Indus Basin of Pakistan, close to major industrial gas markets and infrastructure.

Jura Energy Corporation Updates on Badar-2 Development Well

Jura Energy Corporation updated that Badar-2 development well in the Badar lease has been drilled to the total depth of 1,445 meters in the Sui Main Limestone formation of Eocene age. Open hole wireline logging is in progress. The complete results are expected in a couple of days. Anticipated future incremental production from Badar lease after drilling of development well Badar-2 is expected to be entitled to a gas price of $6 per MMBtu under Pakistan's Petroleum (Exploration & Production) Policy, 2012. The Badar lease covers an area of 122 km(2) and is located in the Middle Indus Basin of Pakistan, close to major industrial gas markets and infrastructure.

 

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