Jura Energy Corporation (TSX VENTURE:JEC) ("Jura") announced today that drilling has commenced at Zainab-1 exploratory well in the Badin IV North block, which is located in the prolific oil and gas Lower Indus Basin of Pakistan. The projected depth of the well is 2,600 meters, which will target the Upper and Middle Sands of the Lower Goru formation of Cretaceous age.
The Badin IV North block covers an area of 1,246 km² and is located adjacent to several producing oil and gas fields.
Jura holds a 27.5% working interest in the Badin IV North block, which is operated by Petroleum Exploration (Private) 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-V trading under the symbol JEC. Jura conducts its business in Pakistan through its subsidiaries, Frontier Holdings Limited and Spud Energy Pty Limited.
SOURCE: Jura Energy Corporation
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