Placement to Expand Daydream-2 Program

With Kazakhstan’s continued focus on tight environmental regulations in the oil and gas sector, smaller and mid-tier players are often faced with needing to address the high price tag that comes with compliance, before being able to enter into full commercial production. One junior oil and gas company in the region, however, has demonstrated that multi stakeholder collaboration can provide the key to achieving not only compliance, but significant economic and social benefits.

Jupiter Energy (ASX:JPR), an ASX-listed junior oil exploration and production company, with fully licensed oil fields in the prolific Mangistau Basin of Kazakhstan, has successfully built the connections — literally and figuratively — that has paved the way for achieving successful commercial oil production, meeting all the tight Kazakh regulatory standards and also building relationships and infrastructure that will benefit a range of local communities in the Mangistau Oblast.

Investors evaluating Kazakhstan’s oil and gas opportunities would benefit from a deeper understanding of the country’s regulations as well as private sector success stories that demonstrate compelling investment cases.