Jupiter Energy Limited (ASX:JPR) is an oil exploration and production company focused on developing onshore assets in Western Kazakhstan. The company owns 100% interest in Block 36 (also referred to as Block 31 in some contexts) within the Mangistau Basin, covering approximately 123 square kilometers during exploration and now reduced to about 35 square kilometers encompassing proved reserves; it operates three oilfields—Akkar North (East Block), Akkar East, and West Zhetybai—under 25-year commercial production licenses extending to 2045/2046, producing around 550 barrels of oil per day with cumulative output historically reaching about 90 tons (675 barrels) daily, and sells crude oil into Kazakh domestic markets such as the Pavlodar refinery and local mini-refineries as well as export channels when pricing is favorable, supported by full gas utilization infrastructure including onsite generators and integration with neighbor MangistauMunaiGas (MMG) facilities. Incorporated in 1998 as Westcoast Mining Ltd. and renamed Jupiter Energy Limited in June 2005, the company maintains headquarters operations in Aktau, Kazakhstan, approximately 80 kilometers from its field camp, with its registered office transitioning to Suite 324, Level 3, The Block Arcade, 96 Elizabeth Street, Melbourne, Victoria 3000, Australia, effective November 1, 2025. In recent developments, Jupiter progresses construction of a gas pipeline to fully integrate its West Zhetybai oilfield into MMG's established gas utilization infrastructure, scheduled for commissioning by end-November 2025, enabling optimal production across all three fields without additional onsite equipment and supporting Kazakhstan's carbon neutrality goals; the company reports unaudited Q3 2025 oil sales revenue of approximately US$1.65 million (A$2.52 million) from 46,000 barrels primarily via domestic channels, maintains interest-free debt of US$14.7 million until at least December 31, 2026, and advances a potential dual listing on the Astana International Exchange alongside its Annual General Meeting on November 19, 2025.