Jura Announces Preliminary Results from Kandra 4D Well

About this update from Jura Energy Corporation

[{"type":"text","content":"\n\n\n\n(JEC) TSX\n\n\nCALGARY, Nov. 26 /CNW/ - Jura Energy Corporation ("Jura") announced today\nthat the Kandra 4D exploration has been drilled to a total depth of 2229 m.\nThe well targets three potential hydrocarbon-bearing zones, the Sui Main\nLimestone (600-750 m), the Lower Goru (1700-2000 m), and the Chiltan Limestone\n(2150-2250 m).\n\n\nNatural gas shows were encountered during initial testing of the Chiltan\nLimestone zone. The Chiltan zone was acidized, which resulted in the\nproduction of water. The decision was then taken to plug off the Chiltan zone,\nand move uphole to commence testing of the Lower Goru, the primary target of\nthe Kandra 4D well.\n\n\nThe Company and its partners will also consider a second Kandra well\ntargeting the Chiltan Limestone zone, as seismic mapping indicates\nconsiderable potential.\n\n\nAbout Jura:\n\n\nJura Energy Corporation is an international energy company engaged in the\nexploration, development and production of petroleum and natural gas\nproperties with activities conducted exclusively in Pakistan. Jura is based in\nCalgary, Alberta, and listed on the Toronto Stock Exchange trading under the\nsymbol JEC. Jura Energy Corporation conducts its business in Pakistan through\nits subsidiaries, Frontier Holdings Limited and Pyramid Energy International\nInc., as well as through its 50% interest in the Kandra Power Company (Pvt)\nLimited.\n\n\nForward-looking statements: This document contains statements about\nexpected or anticipated future events and financial results that are\nforward-looking in nature and, as a result, are subject to certain risks and\nuncertainties, such as general economic, market and business conditions, the\nregulatory process and actions, technical issues, new legislation, competitive\nand general economic factors and conditions, the uncertainties resulting from\npotential delays or changes in plans, the occurrence of unexpected events, and\nthe Corporation's capability to execute and implement its future plans. Actual\nresults may differ materially from those projected by management. For such\nstatements, we claim the safe harbour for forward-looking statements within\nthe meaning of the Private Securities Legislation Reform Act of 1995.\n\n\nThe Toronto Stock Exchange has neither approved nor disapproved the\ninformation contained herein.\n\n\n","...

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