JPR 0.00% 2.5¢ jupiter energy limited

re: Ann: Independent review upgrades Block 31... Alexjo "Is that...

  1. 572 Posts.
    re: Ann: Independent review upgrades Block 31... Alexjo "Is that good"

    You bet it is!

    Extract:

    Independent review upgrades Jupiters Block 31
    resources to 80 million barrels of oil

    Summary

     Block 31 Middle Triassic reserves and resources have been upgraded by 180% to 58 mmbo (million barrels of oil) recoverable following an independent review post the J-50 drilling results.

     Jurassic and Triassic recoverable reserves and resources now total 80 mmbo on Block 31.

     JPR has entered into discussions with a range of parties regarding investment in the ongoing development of Block 31.
 
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