/KASE, October 27, 2016/ – JUPITER ENERGY LIMITED (West Perth), whose
shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided
KASE with the following statement:
quote
HIGHLIGHTS:
- The block 31 exploration authorization was extended until December 29,
2019.
- The negotiations with all relevant Kazakhstan regulatory authorities to
register the three-year Work Program (2017-2019) near a final agreement.
- The Company cooperates with various oil marketing groups to prepare for the
resumption of oil production to occur as soon as all of the appropriate
permissions for the 2017-2019 trial operation are obtained.
- The Company continues to work on the various options to ensure the long-
term financing for the continuous development of block 31.
- Baltabek Kuandykov was appointed as Jupiter CEO (Kazakhstan).
- Annual 2015-2016 fiscal year statements were submitted.
- Annual General Meeting of Shareholders will be held on November 4, 2016 in
Perth (Western Australia).
unquote
Full version of the statement is available on the KASE website
http://www.kase.kz/files/emitters/AU_JPRL/au_jprl_other_doc_271016.pdf
[2016-10-27]