quarterly activities

11 October 2011
QUARTERLY UPDATE ON ACTIVITIES FOR THE PERIOD TO 30 SEPTEMBER 2011
KEY POINTS:
? Oil production expected before the end of the year following approval of J-50
and J-52 Trial Production Licence applications
? Drilling of J-51 well completed. Independent analysis of open hole logging
confirms 161m of gross pay with 83m of net pay; similar thickness as seen in
the J-50 and J-52 wells
? Drilling rig preparing to move to location for J-53 exploration well; expected
spud in 4Q 2011
? 3D seismic acquisition over new extension area of Block 31 completed.
Processing and interpretation to be progressed during fourth quarter of 2011
? Appointment of in-country manager
? Convertible Note with SNG Capital raises US$3.45m (before costs)
? Company on track to dual list JPR shares on AIM during fourth quarter of 2011
Jupiter Energy Limited (ASX: JPR) presents the following update on activities for the 3
month period ending 30 September 2011. Also included in this report are details of any
subsequent events that have occurred up to the date of this release.