Jura Announces Highly Favorable Resolution of Arbitration Proceedings Regarding Badin IV North and South Blocks

CALGARY, Alberta, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Jura Energy Corporation ("Jura" or the "Company") is pleased to announce that it has received a highly favorable ruling in its International Chamber of Commerce (“ICC”) arbitration proceedings involving Jura’s operating subsidiaries, Spud Energy Pty Limited (“Spud”) and Frontier Holdings Limited ("FHL”) (together the “Claimants”), and Petroleum Exploration (Private) Limited (“PEL”), the operator of the Badin IV North and South blocks (together the “Badin Blocks”).

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