Calgary, Alberta: Jura Energy Corporation (“Jura”) is pleased to update that Ayesha-1 well in the Badin IV South Block has been drilled to the targeted depth of 2,400 meters. Gas shows were observed over an approximately 50 meter section in the targeted Lower Goru formation. Electronic logging of the hole is complete and the results indicate potential hydrocarbon-bearing zones within the Lower Goru “A” and “B” Sands. The liner running is in progress. Drill stem testing for the “B” Sand is scheduled to commence in three days. The Badin IV South Block joint venture partners are in the process of finalizing the testing program. Jura expects to perforate approximately 25 meters in the test zones, which have a gross sand thickness of approximately 80 meters. Jura holds a 27.5% working interest in the Badin IV South Block, which is operated by Petroleum Exploration (Pvt) Limited. About Jura Energy Corporation Jura is an international energy company engaged in the exploration, development and production of petroleum and natural gas properties in Pakistan. Jura is based in Calgary, Alberta, and listed on the TSX trading under the symbol JEC. Jura conducts its business in Pakistan through its subsidiaries, Frontier Holdings Limited and Spud Energy Pty Limited.
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