TIDMJPRL

RNS Number : 0545X

Jupiter Energy Ltd

16 February 2017

16 February 2017

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.

 
 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 
--------------  -----------------  -----------------  ----------------  -----------  -------------  ----------- 
 Arrow 
  Business       13 February        15 February 
  Ltd             2017               2017              30,917,255        20.16%       32,227,908     21.01% 
--------------  -----------------  -----------------  ----------------  -----------  -------------  -----------

ENDS

Enquiries:

Jupiter Energy (+61 89 322 8222)

Geoff Gander (geoff@jupiterenergy.com)

finnCap Ltd +44 (0)20 7220 0500

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

END

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February 16, 2017 03:12 ET (08:12 GMT)

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