Jupiter Energy Share Discussion Threads

[excellance] 05/10/2012 11:48

Operations Update

The Company is scheduled to release its next Quarterly Report during October and this will provide an update on in-country operations.

[alnorton2] 05/10/2012 11:46

I wonder if this company will be sold before it gets attention of UK investors.

[excellance] 05/10/2012 11:42

Jupiter announces that it was notified on 2 August 2012 that on 1 August 2012 Waterford Petroleum Limited and Soyuzneftegas Capital Limited had subscribed for 10,757,168 and 18,795,366 ordinary shares of no par value in the capital of the Company ("Ordinary Shares"), respectively, at a price of AUS$0.40 per Ordinary Share as a result of the recent rights issue. Waterford Petroleum Limited now hold 45,246,108 Ordinary Shares and Soyuzneftegas Capital Limited now hold 30,373,941 Ordinary Shares representing 29.50% and 19.80% of the Company's issued share capital, respectively.

[excellance] 05/10/2012 11:41

2nd August

The total number of Ordinary Shares on issue is now 153,377,693, post the allotment of the Conversion Shares.

[jonno1] 05/10/2012 11:35

how many shares out? anyone know cannot find it on the website, cheers

[excellance] 05/10/2012 11:24

this is becoming a very interesting "troll free" company, with the first phase of exploration a fabulous success JPRL must be near to being self funding, and with more drilling to come and conversion to 25 year production license sure to follow then a re rating must also be on the card.

i suppose the question is "what does the future hold?"... are JPRL intending to spread their wings into other regions or will they get gobbled up by a bigger fish?

[excellance] 05/10/2012 10:50

excellent record with the drill...

[7kiwi] 05/10/2012 07:11

Looks like a good result this morning.

I may have waited too long to get in.

[mirabeau] 19/9/2012 08:52

Interesting company but with zero interest ..odd

[hiddendepths] 19/9/2012 08:50

I'm liking this..... Strong in Oz overnight, I know not why. Maybe the presentation too the energy conference yesterday was well received.

Bought just ahead of the rights, took up in full and a happy bunny now.

[combo83] 06/8/2012 11:00

Interesting insider buying today.

[liquidkid] 22/6/2012 09:32

Princess, pointless doing the calc on something that hasn't even fking happened yet! Hey but look but- Jupiter Energy Ltd (JPRL)Director name: Mr Alastair Beardsall Amount purchased: 333,333 @ 28.15p Value: £93,833 - He might be more qualified to come up with some numbers.

[xenawarriorprincess] 21/6/2012 17:04

LK, from your post of 9th May you obviously couldn't be bovud doing the maths, either.

Xena

[liquidkid] 20/6/2012 16:23

I was going to repeat some news but couldn't be bovud

[r4282] 07/6/2012 13:58

Jupiter Energy's Kazakh Reserves Approved by Government

[liquidkid] 09/5/2012 13:22

From the CPR they need $30mn for development in 2012 looking around June/July to tap the markets but at current market cap £40mn that is a 50% dilution, fund raising might start to get a little difficult from here on in.

[lastof themohicans] 27/4/2012 09:18

At least AIM, as taken the news positively, but not to the extent so far that such news warrants.

A 5-6p rise would be a true reflection of the news.

Looking back,

On test J-50 oil sold at $22.50 at the wellhead, J-52 achieved $32 (or there abouts), J-51 managed a price of $42. So trial production at $52 net after transportation and storage costs is fabulous.

I'm sure all the company's that issue re-search reports will be significantly upgrading there valuation of the company in light of this news.

The shares are an absolute steal at this price on a 18 month to 2 year view point.

LOTM

[lastof themohicans] 27/4/2012 01:49

Good News overnight

It will take a little while for them to get to 600 bopd, as they need to build up the flow rates especially of J-52 to the maximum allowed without damaging the formation.

This is really a great result, I was hoping from when they said that they were doing the initial transportation and storage that they might have got the true sales price up to maybe $48-50 a barrel. Which in itself would have been a good result compared to sales from J-51 @ $42 a barrel, but to be getting $52 is magic and pre-paid too.

That works out at 44% of the current price of brent crude, all the research reports I remember reading were talking about domestic sales only yielding about 30-33% of the price of a barrel of brent.

This will make a big difference to cash-flow and ease any immediate cash issues.

Hopefully they will be able to sell the oil from J-53 test production on the same terms. :) :)

Foundations are getting stronger by the day.

For any one serious about investing in this company I'd suggest you look at the following 2 documents as well, yes they are a little out of date but give you a good idea of the potential here.



The first gives you the reserve numbers as they were last year, with 1P of 9.8MMBO, 2P of 24.2MMBO and 3P of 32.05MMBO

I expect the new reserve report which will be out in Q2 will show that the 1P number is up to around 17.5MMBO and the 2P is up to 36MMBO and the 3P to 45MMBO.

Which makes the company's value unbelieveably cheap.

This report I find the most informative of all and hope they will do an updated version in the near future based on the latest information. It was done pre the 15:1 share consolidation




LOTM

[lucky_punter] 24/4/2012 12:02

Jupiter Energy (LON:JPRL, ASX:JPR) said it is about to sign sales agreements with "at least two" local partners as trial production begins from its first wells in Kazakhstan.

[lastof themohicans] 24/4/2012 06:56

Today's announcement puts in place the first real foundations for the company.

Now it is able to produce oil from 2 of its wells with governmental approval.

Thus reducing the political risk attached to the company and its shares.

The next step is to sign deals to sell the oil into the domestic market and to do so and bank the cash.

Onwards and upwards

Loyal Shareholders should get a very good return on their investment over the next 2 years. As the company moves to an oil producer & exporter.

LOTM

[lastof themohicans] 19/3/2012 16:24

In limbo triples just like the share price for the month.

On the move again now and its still way under valued.

5 Bagger within 2 years

LOTM

[triples] 17/3/2012 23:44

Where did all the Feb posts go?