why the stars are aligning

Guys and Gals I just did a quick look back through JPR's announcements and have summarized what I believe are key signals and indicators as to why I believe JPR is groomed for success. Here is a brief outline in chronological order:

27/05/09: Jupiter Energy expects Oil production in 2009.
Results of 3D seismic show that Block 31 has at least 4 key targets withpotential for over 25 mmbbls recoverable.

Logs for NWZ 2 indicate a discovery was made when initially drilled, with 30m of net sand from the Jurassic flowing oil on test. Re entry program is fully funded.

30/06/09: Geoff Gander buys $215,000 in shares in an Off market trade.(This was a big clue for us all).

28/07/09: 3D mapping and further oilfield data supports an extension of the Akkar N oilfield into Block 31 with the resource being upgraded by 100% to 6 mmbbls recoverable. Forward development plan will now include at least 3 production wells at an expected production rate of 1500 bopd.
4 key targets on Block 31 now show potential of over 28 mmbbls recoverable. At $US60/barrel oil, netback potential on the overall permit stands at over $US700m.

Logs from the original NWZ 2 well logs indicate a discovery was made with 30m of net sand from the Jurassic flowing oil on test. If the re entry is successful, the NWZ 2 well should flow at least 300 barrels of oil per day and will be on production test for up to 3 months. A production and export licence will then be applied for with oil exports expected to commence in 2Q 2010.

03/08/09: Director Andrew Childs buys 800,000 shares on market paying $43,120.

20/08/09:JUPITER ENERGY ADDS EXPERIENCED DRILLING STAFF IN LEAD UP TO THE NWZ 2 WELL RE ENTRY PROGRAM AND LODGES PROSPECTUS TO FUND THE AKKAR N EXTENSION WELL

JPR adds experienced drilling staff to oversee and manage the NWZ 2 re entry program.

The hiring of David Thorpe(ex Woodside/BHP) as the Operations Manager and also employing the 2 local Kazak Engineers (who successfully completed NWZ3) confirmed JPR were serious about getting their Oil plays into production.

27/08/09:Jupiter Energy receives government approvals for NWZ 2 re entry program.

04/09/09:Jupiter Energy signs contract to commence NWZ 2 re entry program

24/09/09: Successful Rights Issue Closes �] $7.237m raised.

12/10/09: Jupiter commences NWZ 2 well re entry
Kezbi workover rig has commenced re entry Workover expected to be completed by the end of October.
Progress reporting to shareholders will be on a weekly basis.
The Board of Jupiter Energy Limited (ASX: JPR) is pleased to advise that the workover of the NWZ 2 well on Block 31 has commenced. JPR executives Geoff Gander, Erkin Svanbayev and David Thorpe have been on site over the past two days and the current expectation to have the workover completed by the end of October appears to be on track.


Interest in JPR�fs progress in Kazakhstan is also growing with a group of 10 international fund managers visiting the site today to see the workover operation and to get an
update from JPR executives on progress at NWZ 2 and future drilling plans for Block 31 as well as other potential growth opportunities in Kazakhstan.

Geoff Gander and DavidThorpe will be making a formal presentation to this same group in Almaty on Thursday as the Company looks to broaden its exposure beyond solely the Australian investor
community.
In terms of the planning for the new SV Akkar well, progress remains on track with tender responses expected shortly for the turn key drilling of the new well. Interest from local and international drilling companies has been high and it is expected that JPR
should be able to identify a suitable rig within the next month.
So folks JPR now has money in the bank, 1 well that is potentially weeks away from being a production entity and good for at least 300bopd, and another well up the road (SV Akkar)getting ready for drilling next month.
10 international fund managers meeting with the Company this Thursday about wanting a piece of the pie and you have signs for a recipe of success.