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Last A$0.0060 AUD
Change Today 0.00 / 0.00%
Volume 568.0K
JKA On Other Exchanges
As of 12:49 AM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

jacka resources ltd (JKA) Snapshot

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52 Week High
10/27/14 - A$0.05
52 Week Low
08/24/15 - A$0.0040
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jacka resources ltd (JKA) Details

Jacka Resources Limited engages in the exploration, appraisal, development, and production of oil and gas resources in Tunisia, Nigeria, and Tanzania. The company holds 15% interest in the Bargou block that covers an area of approximately 4,616 square kilometers located in the Gulf of Hammamet, Tunisia; and a 100% in the Ruhuhu license covering an area of approximately 10,343 square kilometers located in south-west Tanzania. It also holds 5.0006% interest in the Aje Field and OML113 located in the West African Transform Margin in Nigeria. The company was founded is based in Perth, Australia.

jacka resources ltd (JKA) Top Compensated Officers

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Executives, Board Directors

jacka resources ltd (JKA) Key Developments

Jacka Resources Limited Appoints Ken Charsinsky as an E&P Advisor to the Board

The Directors of Jacka Resources Limited announced the addition of Ken Charsinsky to the Company's Executive Team as an E&P advisor to the Board. Mr. Charsinsky brings to the role more than 35 years of experience in all phases of upstream oil and gas asset evaluation, acquisition, operations, maintenance and enhancement. He was most recently MD with ASX Listed Neon Energy Limited and prior to that Exploration Director International New Ventures with US independent Noble Energy Inc. He has also held senior roles with CMS (Nomeco) Oil and Gas, Apache Corporation and Maxus Energy and Oxy USA.

Jacka Resources Limited Announces Executive Changes

The Directors of Jacka Resources Limited announced the appointment of Mr. Andrew Gastevich as Chief Financial Officer (CFO) of the company. For the last six years he has been CFO/Company Secretary of Entek Energy Limited. Andrew will assume the CFO duties from Richard Aden, who departs Jacka after spending 5 years with the company.

Jacka Resources Limited and PR Oil & Gas Nigeria Limited Announces Final Investment Decision for Aje Field Development

Jacka Resources Limited announced that PR Oil & Gas Nigeria Limited together with its Joint Venture partners, have taken a final investment decision (FID) to develop the Aje Cenomanian oil reservoir in the OML 113 licence (Jacka 5.0006% revenue interest), offshore Nigeria. The Aje Field Development Plan (FDP) was submitted to the Nigerian Department of Petroleum Resources (DPR) earlier this year and approval to develop Aje, as proposed in the FDP, was granted in March 2014. Jacka anticipates achieving first commercial oil production at the end of 2015, which will be a tremendous result for the company shareholders and for the company. The FDP is primarily focused on the development of the Cenomanian Oil reservoir, and the first phase of this development includes two subsea production wells tied back to a leased FPSO (Floating Production Storage and Offloading vessel): A contract for the charter of Rubicon's Front Puffin FPSO vessel has been signed, and modifications to bring the FPSO vessel into specification for production on the Aje field will commence. Procurement of subsea equipment and the contracting of a drilling rig for Phase I development are also ongoing. The development will consist of the re-entering and completion of the existing Aje-4 well and the drilling of a new well, Aje-5. The Aje-5 well will be drilled from a seabed location adjacent to Aje-4 and both wells will be connected via a subsea manifold and production flow lines to the FPSO vessel. The Aje-5 well trajectory is designed to intersect the Cenomanian reservoir close to where the Aje-2 well intersected the Cenomanian reservoir.


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