Jura Energy Corporation (Jura) is pleased to update that Badar-2 development well in the Badar lease has been drilled to the total depth of 1,445 meters in the Sui Main Limestone formation of Eocene age. Open hole wireline logging is in progress. The complete results are expected in a couple of days.
Anticipated future incremental production from Badar lease after drilling of development well Badar-2 is expected to be entitled to a gas price of US$ 6 per MMBtu under Pakistan’s Petroleum (Exploration & Production) Policy, 2012.
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Jura Energy Corporation
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