Jubilant Energy Share Discussion Threads

[bones30] 02/4/2012 09:26

Chart's practically the same as TRAP

[ferdy1] 29/3/2012 12:11

Russman

Great question.

three weeks from the 6th March? News due now?


A further release will follow regarding the flow rates achieved once testing is competed which is expected to take approximately three weeks. The KSG#62 well will be tested with the smaller capacity work-over rig mobilised to the site on February 26, 2012.

[russman] 28/3/2012 22:37

What happened to the KSG#62 test results?

[russman] 07/2/2012 17:33

The same blocks of shares going around today.

[jonno1] 06/2/2012 07:30

Directors' Shareholdings

Jubilant was informed on 3(rd) February, 2012 that Jubilant Energy Holding BV (JEHBV) has purchased 12,243,428 ordinary sharesof Euro 0.01 each ("Ordinary Shares") of the Company at a price of 28.35 pence per share.

Following this purchase, the total shareholding of JEHBV in the Company has increased to 337,540,728 ordinary shares representing 81.08 per cent. of the issued share capital of Jubilant.

JEHBV is fully owned by Jubilant Enpro Private Limited, India which inturn is owned by Mr S S Bhartia - Non Executive Director and Chairman and Mr H S Bhartia - Non Executive Director and Co-Chairman of Jubilant, directly or indirectly through the companies owned and/or controlled by them and their relatives.

[russman] 05/2/2012 22:57

12m @ 28.35p, can't remember the last time there was any volume.

[jonno1] 03/2/2012 12:33

what a disappointment this is...sigh

[jonno1] 16/1/2012 08:08

and another update, tentatively optimistic here, and marked up for once, but no trades. Utterly and totally under the radar.

[jonno1] 11/1/2012 11:36

thought this announcement would have garnered at least some interest either way...nothing.

[jonno1] 10/1/2012 11:54

dipped my toe finally

[wiisdomseeker] 10/1/2012 06:27

Jubilant to invest $80 mln in Myanmar oil and gas block
Tue Jan 10, 2012 6:16am

[jonno1] 06/1/2012 12:20

been watching this one for some time, looks interesting, they should have drill results out in the next two weeks.

[l2user] 06/1/2012 09:56

Jubilant Energy
Burma awards as 'deep blocks on menu'
06 January 2012 09:37 GMT

[peterbill] 18/10/2011 04:00

6 October, 2011

Jubilant Energy N.V.

("Jubilant" or "the Company")

Spud of third development well of Phase-III drilling campaign comprising of seven wells in the Kharsang Field

Jubilant is pleased to announce that KPL-G, the third of the seven development wells of the Phase-III drilling campaign in the Kharsang Field, Arunachal Pradesh was spudded on 5(th) October 2011.

KPL-G, the third development well is located in the western area of the field, near the KSG-40 well which is currently producing at 125 bopd. KPL-G is a substitute development well targeting the shallow hydrocarbon-bearing sands encountered in the KSG-40 well. The well will be deviated to the south by approximately 177 meters from the existing plinth of well KSG-32 with a target depth of around 1450 meters True Vertical Depth ("TVD"). Extensive Coring is planned in this well with an objective of building a robust geological and reservoir model.

The well is expected to take approximately eight weeks to drill at an estimated cost of approximately USD 2.4 million (USD 0.6 million net to Jubilant).

The second development well KSG#58 (previously referred to as KPL-C), which was spudded on 22(nd) August 2011, has been successfully drilled up to a target depth of 1779 meters Measured Depth / 1602 meters TVD and was completed as planned on 27 September 2011. Based on the wireline log interpretation results, Side Wall Core results and formation pressure data from Sequential Formation Testing and Reservoir Dynamic Testing, the consortium has identified multiple intervals totaling 51.4 meters of net sand for testing. The well KSG#58 will be tested with the smaller capacity work-over rig which was deployed at the site on 2 October 2011, with results expected to take approximately five weeks from the start of the testing on 4 October 2011.

GeoEnpro Petroleum Ltd., a joint venture of GeoPetrol and Jubilant Enpro (a member of the wider Jubilant Bhartia Group), is the operator of the Kharsang Field. Jubilant holds a 25% interest in the block through its subsidiary, Jubilant Energy (Kharsang) Pvt Ltd. The other members of the consortium are Oil India Ltd and GeoPetrol.



Hope this well gets a better result ...