
October 03, 2024
Operating in Kazakhstan since 2008, Jupiter Energy (ASX:JPR) is an established oil exploration and production company producing approximately 600 to 700 barrels of oil per day. The company's operations are fully compliant, with its three commercial production licenses secured until 2045/46/49. Jupiter Energy’s reserve base has been independently confirmed by a Sproule International competent person’s report (CPR), effective 31 December 2023, detailing significant recoverable reserves.
Jupiter has successfully transitioned its oilfields through the various regulatory phases required to reach full commercial production. Its three oilfields – Akkar East, Akkar North (East Block) and West Zhetybai – all operate under their respective 25-year full commercial licences. The company’s established compliance and operational framework underline its commitment to long-term sustainable production in Kazakhstan.

Block 31 is Jupiter Energy’s flagship project located in the Mangistau Basin of West Kazakhstan. Covering an area of approximately 123 sq km, it lies in a highly prospective region with proven oil reserves. The company acquired extensive 3D seismic data over the entire block and surrounding areas, totaling 235 sq km, which then enabled the identification of multiple drilling targets.
Company Highlights
- Operating in Kazakhstan since 2008, with three oilfields under licence.
- Holds commercial production licenses for all three oilfields, valid until 2045/2046/2049.
- Current production is approximately 640 barrels per day from four wells, with plans to increase to approximately 1,000 barrels per day by the end of 2024.
- After-tax NPS (20 percent discount) of US$180 million, with an EV of approximately AU$54 million (~US$36 million) – based on a share price of AU$0.025 per share.
- Operates in West Kazakhstan in the Mangistau region, a proven area for Kazakhstan’s oil reserves.
- The company is cash flow positive at the operational level.
- Key shareholders include Waterford (60.5 percent) and Blackbird Trust (21 percent), aligning interests and providing stability.
- Jupiter’s strategic investment in gas utilisation infrastructure, signifies its commitment to sustainable operations and its contribution to the welfare of the local community.
This Jupiter Energy profile is part of a paid investor education campaign.*
Click here to connect with Jupiter Energy (ASX:JPR) to receive an Investor Presentation
JPR:AU

Sign up to get your FREE
Jupiter Energy Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
The Conversation (0)
15 April
Jupiter Energy
Sustainable, long-term and profitable oil exploration and production in Kazakhstan – cashflow positive with a proven reserve base
Sustainable, long-term and profitable oil exploration and production in Kazakhstan – cashflow positive with a proven reserve base Keep Reading...
21 October
Sep25 Quarterly Activities Report
Jupiter Energy (JPR:AU) has announced Sep25 Quarterly Activities ReportDownload the PDF here. Keep Reading...
21 October
Sep25 Appendix 5B
Jupiter Energy (JPR:AU) has announced Sep25 Appendix 5BDownload the PDF here. Keep Reading...
13 July
Jun25 Appendix 5B
Jupiter Energy (JPR:AU) has announced Jun25 Appendix 5BDownload the PDF here. Keep Reading...
13 July
Jun25 Quarterly Activities Report
Jupiter Energy (JPR:AU) has announced Jun25 Quarterly Activities ReportDownload the PDF here. Keep Reading...
22 May
Variation to Noteholder Agreements
Jupiter Energy (JPR:AU) has announced Variation to Noteholder AgreementsDownload the PDF here. Keep Reading...
3h
Coelacanth Energy Inc. Announces Increased Bank Credit Facility and Provides Operations Update
Coelacanth Energy Inc. (TSXV: CEI,OTC:CEIEF) ("Coelacanth" or the "Company") is pleased to provide the following update: BANK CREDIT FACILITYCoelacanth has signed an agreement to increase its bank credit facility from $52 million to $80 million with closing expected in mid-November. The Company... Keep Reading...
16h
Coelacanth Energy Inc. Engages ICP Securities Inc. for Automated Market Making Services
Coelacanth Energy Inc. (TSXV: CEI,OTC:CEIEF) ("Coelacanth" or the "Company") is pleased to announce that it has engaged the services of ICP Securities Inc. ("ICP") to provide automated market making services, including use of its proprietary algorithm, ICP Premiumâ„¢, in compliance with the... Keep Reading...
28 October
5 Biggest ASX Oil and Gas Stocks of 2025
Oil and gas are key energy fuels, and ASX-listed oil and gas stocks could benefit from their price moves. For the most part, 2025 was a volatile year for both the oil and gas markets. In the first half of the year, oil prices posted moderate gains, spurred on by rising tensions in the Middle... Keep Reading...
28 October
CHARBONE Announces the Official Start of Civil Construction Work in Sorel-Tracy, in Line with the Announced Schedule
(TheNewswire) Brossard, Quebec TheNewswire - October 28, 2025 CHARBONE CORPORATION (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (" CHARBONE " or the " Company "), a North American producer and distributor specializing in clean Ultra High Purity (" UHP ") hydrogen and strategic industrial gases,... Keep Reading...
28 October
CHARBONE annonce le debut officiel des travaux de construction civil a Sorel-Tracy, conformement a l'echeancier annonce
(TheNewswire) Brossard, Quebec TheNewswire - le 28 octobre 2025 CORPORATION CHARBONE (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (« CHARBONE » ou la « Société »), un producteur et distributeur nord-américain spécialisé dans l'hydrogène propre Ultra Haute Pureté (« UHP ») et les gaz industriels... Keep Reading...
24 October
Angkor Finalizes Disposition of Oyadao North License in Ratanakiri, Cambodia
(TheNewswire) GRANDE PRAIRIE, ALBERTA TheNewswire - October 24, 2025 - Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) ("ANGKOR" OR "THE COMPANY") announces it has finalized the sale of all mineral rights on Oyadao North license to Almighty Natural Resources ("Almighty"). Angkor negotiated a sale... Keep Reading...
Latest News

Sign up to get your FREE
Jupiter Energy Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00




