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Last C$0.23 CAD
Change Today 0.00 / 0.00%
Volume 0.0
JEC On Other Exchanges
As of 4:16 PM 05/20/15 All times are local (Market data is delayed by at least 15 minutes).

jura energy corp (JEC) Snapshot

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52 Week High
05/29/14 - C$0.32
52 Week Low
10/15/14 - C$0.16
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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: 03/24/15
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 Provides an Update on its Production Operations in Pakistan

Jura Energy Corporation provided an update on its operations in Pakistan. Guddu Block: Reti-2 development well after successful drilling, the development well Reti-2 has been completed in the Pirkoh Limestone formation of Eocene age. Production from Reti-2 is expected to commence in June 2015 after tie-in with the existing production facilities. Jura holds a 10.66% working interest in the Reti lease, which is operated by Oil and Gas Development Company Limited. Commencement of production from Maru East-1: Production from Maru East-1 has commenced after allocation of gas from the well to Engro Fertilizers Limited, the existing buyer of gas from Reti Maru gas fields in the Guddu Block. Currently, the well is producing gas at the rate of approximately 2.6 MMcf/d (Jura share 0.3 MMcf/d). Production from Maru East-1 is expected to be entitled to a gas price of approximately USD 5.11 per MMBtu, based on the cost and freight price of a basket of crude oil priced at USD 70 per barrel, under Pakistan Petroleum (Exploration &Production) Policy, 2012. Jura holds a 10.66% working interest in the Maru East lease, which is operated by Oil and Gas Development Company Limited. Ismail-1 exploration well The drilling of exploration well Ismail-1 in the Guddu block has commenced. The projected depth of the exploratory well is 840 meters, which will target the hydrocarbon potential of the Pirkoh Limestone formation of Eocene age. Exploration well Ismail-1 is located approximately 2 km from the existing pipeline infrastructure in the Guddu Block. Jura holds a 13.5% working interest in the Guddu exploration license, which is operated by Oil and Gas Development Company Limited.

Jura Energy Corporation Announces Earnings Results for the Year Ended December 31, 2014

Jura Energy Corporation announced earnings results for the year ended December 31, 2014. The company has reported that loss and comprehensive loss for the year ended December 31, 2014 was $3.45 million, or $0.05 loss per share, compared to a loss and comprehensive loss of $4.45 million, or $0.06 loss per share, for the year ended December 31, 2013. Net revenue was $2.29 million, compared to $447,068 for the year ended December 31, 2013.

Jura Energy Corporation Auditor Raises 'Going Concern' Doubt

Jura Energy Corporation filed its Annual on Mar 24, 2015 for the period ending Dec 31, 2014. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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