Jura Energy Corporation has completed its Maru-3 development well in the Pirkoh Limestone formation. The formation is located within the Eocene-age geological layer. The announcement was made in August 2026 from Calgary, Alberta. During the post-completion test, a 64/64 inch choke was used. The well demonstrated the ability to produce an average of 1.02 million cubic feet of natural gas per day. This initial test showed an average wellhead flowing pressure of about 105 psi. It indicated the well’s capacity to sustain consistent gas flow under the conditions tested. The development well was successfully drilled to a total measured depth of 951 meters. It has since been connected to production infrastructure. It is now operating with a daily output of 0.7 MMcf/d.
The Maru Lease where the well is located spans across the Rahim Yar Khan District in Punjab Province. It also spans across the Ghotki District in Sindh Province of Pakistan. The lease covers approximately 15.41 square kilometers. Jura holds a working interest of 10.66% in the lease. The property is managed by Oil and Gas Development Company Limited. The well is currently producing at 0.7 MMcf/d. The company anticipates a potential boost in output following a production build-up survey and acid stimulation. These additional procedures are set to take place in the fourth quarter of 2026. They aim to enhance the efficiency and capacity of the well further.
Company Overview
Jura Energy Corporation operates internationally, with a primary focus on the exploration, development, and production of petroleum and natural gas in Pakistan. The company is headquartered in Calgary and is listed on the TSX-V under the ticker symbol JEC. Jura’s operations in Pakistan are managed through two subsidiaries: Frontier Holdings Limited and Spud Energy Pty Limited. These entities allow Jura to maintain a presence in the region while leveraging the expertise and infrastructure of local and regional partners.
Forward-Looking Statements and Associated Risks
The press release includes forward-looking statements regarding the performance of the Maru-3 well and expectations for increased production following further procedures. These statements are based on current assessments and projections by Jura’s management team. The company cautions, however, that these predictions come with inherent uncertainties and risks. Factors such as operational challenges in exploration and development, changes in project timelines, commodity price volatility, labor costs, and environmental or regulatory shifts can all influence actual outcomes. Additionally, the political and economic environment in Pakistan introduces further unpredictability into the company’s planning.
Forward-Looking Statements Caution
Jura emphasizes that it does not take responsibility for updating forward-looking statements. This is unless required by law. Readers are advised to exercise caution. They should not place excessive reliance on future projections. These statements are subject to numerous assumptions and uncertainties. These factors are beyond the company's control. Risks tied to the energy sector include the imprecision of resource and reserve estimates. They also include the availability and price of essential labor and equipment. Environmental risks are another factor that could significantly affect these projections. A detailed discussion of these and other related risks can be found in Jura’s Management’s Discussion and Analysis. It is for the year ending December 31, 2025. It is available on SEDAR+ at www.sedarplus.ca.
For further information about Jura Energy Corporation, interested parties can contact Stephen Smith. He is the Chairman of the company. They can reach him via email at info@juraenergy.com. They can also contact him by phone at +44 7834 834 976. The company’s official website is www.juraenergy.com. Additional resources and updates may be found there. Details about its operations, projects, and financial performance are available. Interested parties can find them on the website.