JACKA RESOURCES LTD - ASX: JKA

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Description

Following its successful IPO and full listing on the Australian Stock Exchange in July 2010, Jacka Resources (ASX : JKA) is committed to increasing Shareholder value through the acquisition, exploration and development of oil and gas resources in Australia and Internationally.

- A motivated team, quality assets and focused plan to deliver shareholder value
- Tightly held capital base – 92 million shares on issue
- Jacka holds 15% of WA-399-P in highly prospective Exmouth basin with 3D acquisition planned early 2011
- Jacka holds 15% of Bargou block Tunisia (subject to farmin with Cooper Energy Limited) with over 600 Million barrels of un-risked mean prospective resources
- Exposure to a minimum of 2 wells (one exploration and one appraisal) within 12 months targeting 24 and 49 million barrels recoverable resource
- Increase in Contingent Resource at Hammamet to between 111 million barrels (P50 base case) and 213 million barrels (spill point upside case)
- Opportunities for regional business build in both Australia and Tunisia
- A high volume of new venture screening under review

Mine For

oil, gas

Location of operation(s)

Western Australia, Tunisia

Australian Basins

Exmouth

Address

Suite 33, 22 Railway Road
SUBIACO, WA, Australia

Phone

+61 08 9388 8041

Email

Website

http://www.jackaresources.com.au

Last Updated

13/12/2011