Umair NW-1 Exploratory Well Update
August 20 2020 - 4:19AM
Jura Energy Corporation (“Jura”) announced today that the
exploratory well, Umair NW-1, in the Guddu block was drilled to the
total depth of 804 meters. Based on the hydrocarbon shows during
drilling, log results, and interpretations, it was concluded that
gas accumulations existed in the targeted Pirkoh and Habib Rahi
Limestone formations of Eocene age. Testing did not, however, yield
commercial quantities of gas from both formations. Consequently,
the well is plugged and abandoned.
Jura holds a 13.5% working interest in the Guddu
Block, which is operated by Oil and Gas Development Company
Limited.
About Jura Energy
Corporation
Jura is an international energy company engaged
in the exploration, development and production of petroleum and
natural gas properties in Pakistan. Jura is based in Calgary,
Alberta, and listed on the TSX-V trading under the symbol JEC. Jura
conducts its business in Pakistan through its subsidiaries,
Frontier Holdings Limited and Spud Energy Pty Limited.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Mr. Nadeem Farooq, CEO Tel: +92 51 2270702-5Fax: +92 51 227
0701Website: www.juraenergy.comE‐Mail: info@juraenergy.com
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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