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Jura commences gas production from Guddu block in Pakistan
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6 January 2014
Jura Energy has announced the production of first gas from the Reti-Maru gas fields in the Guddu block, Pakistan.
According to the company, initial production is being controlled to allow buyer and seller facilities testing, commissioning, as well as pipeline packing.
Jura anticipates gross production to reach 12MMcfd in January 2014, once fully brought on-stream after the commissioning period. We will look forward to utilising the cash flows to accelerate value realization for shareholders.
The company is selling the gas to Pakistani fertiliser company Engro Fertilizers as the representative of a consortium of fertilizer companies pursuant to a gas sale agreement it entered in March 2013.