Jura Energy Wins Arbitration in Badin Block Dispute

Jura Energy (TSE:JEC) has released an update.

Jura Energy Corporation has won a favorable ruling in its arbitration proceedings against Petroleum Exploration Limited regarding the Badin IV North and South Blocks, retaining its 27.5% working interest. The tribunal awarded Jura’s subsidiaries damages and interest totaling approximately $7 million, which they are now working to enforce through Pakistani courts.

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