Jupiter Energy Ltd Holding(s) in Company (2455C)

TIDMJPRL

RNS Number : 2455C

Jupiter Energy Ltd

27 June 2016

27 June 2016

Jupiter Energy Limited ("Jupiter" or the "Company")

Notification of major interest in shares

The Board of Jupiter Energy Limited, the Kazakhstan-focused oil exploration and production company, trading on AIM ("JPRL"), ASX ("JPR") and KASE ("AU_JPRL") has been notified of the following changes of interest in shareholdings in the Company. It is noted that the beneficial owner of the shares has not changed.

 
 Name of            Date               Date               Shareholding      Percentage   Shareholding   Percentage 
  shareholder        of transaction     notified           prior             of issued    following      of issued 
                                        of transaction     to transaction    share        transaction    share 
                                                                             capital                     capital 
-----------------  -----------------  -----------------  ----------------  -----------  -------------  ----------- 
 Waterford 
  Petroleum         2 May              27 June 
  Limited            2016               2016              45,246,107        29.50%       -              - 
-----------------  -----------------  -----------------  ----------------  -----------  -------------  ----------- 
 Waterford 
  Finance 
  and Investment    2 May              27 June 
  Limited            2016               2016              -                 -            45,246,107     29.50% 
-----------------  -----------------  -----------------  ----------------  -----------  -------------  ----------- 
 

ENDS

Enquiries:

Jupiter Energy ([phone])

Geoff Gander ([e-mail])

finnCap Ltd [phone]

Matt Goode/Emily Watts (Corporate Finance)

Simon Johnson (Corporate Broking)

About the Company:

Jupiter Energy Limited is an oil exploration and production company, quoted on the AIM, ASX and KASE markets. The Company is focused on developing its onshore assets in western Kazakhstan. In 2008 the Company acquired 100 per cent of the Block 31 permit, located in the oil-rich Mangistau Basin, close to the port city of Aktau.

Jupiter has a proven in-country management team, led by an experienced, international Board, together possessing the skills, knowledge, network and attention to detail needed to operate successfully in Kazakhstan. The forward plan will see Jupiter develop a group production facility on Block 31 to process, store and export oil. This topside infrastructure is a key element in moving to long-term production and the achievement of self-funding for further development of Block 31.

This information is provided by RNS

The company news service from the London Stock Exchange

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June 27, 2016 02:00 ET (06:00 GMT)