JPR 0.00% 2.6¢ jupiter energy limited

Apologies, I meant to write J52.Correct me if I am wrong though,...

  1. 2,530 Posts.
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    Apologies, I meant to write J52.

    Correct me if I am wrong though, but my memory of the old JPR reports gave the 'Jurassic' a NET pay of 29m in NWZ-2, and that was the basis for Synergy's calculation of a significant potential Jurassic resource.

    The only new data we have since then is that this latest well, just completed within the area of that potential 'Jurassic' resource, close to the original Russian well, has only 5m of net pay in the equivalent unit. And unlike the Triassic reservoir, we have yet to confirm oil flow from within this unit.

    Thus I am completely discounting the 'Jurassic' / Z-Sand from my valuation of JPR.

    The Triassic is a different story.
 
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