Jura Energy Corporation

Jura Energy Corporation

December 23, 2010 08:45 ET

Jura Energy Corporation: Update on TSX Listing and 2011 Work Programs

CALGARY, ALBERTA--(Marketwire - Dec. 23, 2010) - Jura Energy Corporation ("Jura") (TSX:JEC) announced today that it had been advised by TSX that, further to its notice of August 18, 2010, TSX has completed its review of the common shares of Jura and has determined that it meets TSX's continued listing requirements.

Jura also announced that the joint venture partners have agreed in principle to a two-well drilling program for 2011 (Wahid-1 in the Badin IV North block and Ayesha-1 in the Badin IV South block). However, the budgets and certain details of the 2011 work programs remain under discussion and have not been formally approved. Jura will make further disclosure when these are approved.

About Jura:

Jura Energy Corporation is an international energy company engaged in the exploration, development and production of petroleum and natural gas properties with activities conducted exclusively in Pakistan. Jura is based in Calgary, Alberta, and listed on the Toronto Stock Exchange trading under the symbol JEC. Jura Energy Corporation conducts its business in Pakistan through its subsidiary, Frontier Holdings Limited.

Forward-looking statements: This document contains statements about expected or anticipated future events and financial results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, the regulatory process and actions, technical issues, new legislation, competitive and general economic factors and conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events, and the Corporation's capability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995

The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.

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