Drilling at the Haleema Prospect in the Badin IV South Block
Calgary, Alberta: Jura Energy Corporation (“Jura”) announced today that drilling has
commenced at the Haleema-1 exploratory well in the Badin IV South block which is
located in the prolific oil and gas Lower Indus Basin of Pakistan. The projected depth of
the well is 1,807 meters, which will target the Upper Sands of the Lower Goru
formation of Cretaceous age. Management’s estimate of the prospective mean oil
resource potential of Haleema-1 is 10.0 million barrels.
The Badin IV South block covers an area of 1,265 km² and is located adjacent to
several producing oil and gas fields.
Jura holds a 27.5% working interest in the Badin IV South block, which is operated by
Petroleum Exploration (Private) Limited.
About Jura Energy Corporation
This press release contains certain forward-looking statements and forward-looking information
(collectively referred to herein as “forward-looking statements”) within the meaning of Canadian
securities laws. The words “projected”, “target”, “potential”, “will”, “prospective” and similar
expressions are used to identify forward looking information. Specific forward-looking statements
in this press release include information concerning the drilling of Haleema-1 exploratory well and
the estimated prospective mean oil resource potential.
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