I hold JPR and will for a long time, i topped up at .036
NWZ 2 Well The North West Zhetybai 2 (NWZ 2) well was put onto production test following the completion of preparation of the J-50 well for test production. As anticipated, to maximise production rates it is expected that a submersible pump will need to be installed. Engineering design and contracting for this work has been completed during July with installation planned in August after which the Company will be in a position to confirm an actual flow rate from this well. Like the J-50 oil, oil from NWZ 2 will be sold into the domestic market during its 3 month test production phase. The Company is also currently preparing its application for a Trial Production licence for NWZ 2."
JPR Price at posting:
55.5¢ Sentiment: ST Buy Disclosure: Held
