Jupiter Energy Limited is an Australian Securities Exchange (ASX) listed oil exploration and production company focused on developing its strategic assets in Kazakhstan. The company owns 100% of Block 36, a license area located in the Mangistau Basin in West Kazakhstan, where it has discovered three oilfields: Akkar North, Akkar East, and West Zhetybai. With 25-year Commercial Production Licenses valid until 2045/46, Jupiter Energy has successfully established the necessary infrastructure to maximize production and sell oil in both domestic and export markets.
The company’s operations are strategically based in Aktau, a port city approximately 80km from their field camp. Jupiter Energy has distinguished itself by installing comprehensive infrastructure that enables 100% gas utilization across its oilfields, ensuring optimal production levels and market flexibility. This approach demonstrates the company’s commitment to efficient resource extraction and environmental responsibility in a challenging exploration landscape.
Led by an experienced Board and Management team with proven expertise in developing organizations from early stages to revenue generation, Jupiter Energy continues to focus on expanding its presence in Kazakhstan’s oil sector. The company’s track record of successful exploration, infrastructure development, and strategic positioning in the Mangistau Basin highlights its potential for continued growth and value creation for shareholders. By maintaining a clear focus on its core assets and leveraging local expertise, Jupiter Energy is well-positioned to capitalize on the opportunities in Kazakhstan’s evolving energy market.
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