Jupiter Energy (JPR)

Shares / Stock Code

JPR

Stock Exchange / Sharemarket

Australian Securities Exchange

Jupiter Energy (JPR) formerly known as Westcoast Mining Limited (WML), is an oil and gas exploration company. JPR, through its 100% owned subsidiary Jupiter Energy (Victoria) Pty Ltd, has an agreement with Lakes Oil NL to acquire a 50% interest in PEP 163 located in the Otway basin, Victoria.

On 27 May 2005, the shareholders of Westcoast Mining Limited agreed to change the name of the company to Jupiter Energy Limited to reflect the company's new interests. The company listed on the Australian stockmarket (ASX) on 12 November 2003.

JPR is differentiated from its competitors as the bulk of commercial gas exploration has traditionally been completed on offshore wells in the Bass Strait. Its subsidiaries include Jupiter Energy (Victoria) Pty Ltd, Jupiter Biofuels Ltd, Jupiter Energy (Kazakhstan) Pty Ltd, Jupiter Energy Pte. Ltd and Jupiter Energy (NWZ) Pte. Ltd

Most oil is sold into global spot markets, whilst gas is typically sold under long-term contract arrangements with utilities, large industrial users and steel plants. Key competitors include Rio Tinto, BHP, CH4 Gas Ltd (CHX) and Bounty Oil & Gas (BUY).

Jupiter Energy (JPR) Products and Services

  • Oil and Gas Exploration in Australia and Kazakhstan

Jupiter Energy (JPR) Locations and Subsidiaries

Jupiter Energy Head Office
Unit 9, 38 Colin Street,
WEST PERTH, WA, AUSTRALIA, 6005
Phone: 08 9322 8222
Fax: 08 9322 8244

Jupiter Energy (JPR) Share Price

Submitted by ASX Listed Company on 10 May, 2010 - 03:23

Download our FREE App


Signup for Free
Don't miss out on your free share trading articles.


Free Risk Money Management Calculator for those who sign up!