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Jura Announces Commencement of Drilling in Guddu Block

Jura Energy Corporation (“Jura”) announced today that the drilling of Umair SE – 01 exploratory well has commenced in the Guddu Block. The projected depth of the well is 785 meters, which will target the Pirkoh and Habib Rahi Limestone formations of Eocene age.

The Guddu Block covers an area of approximately 2093.4 sq.km and is located in the prolific Middle Indus Basin, close to major industrial gas markets and infrastructure.

Jura holds a 13.5% pre commerciality working interest in the Guddu Block, which is operated by Oil and Gas Development Company Limited.

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