Mr. Stephen Smith reports

JURA OBTAINS DUTCH COURT PRE-JUDGMENT FOR ATTACHMENT OF PEL'S RIGHTS UNDER LEGAL AGREEMENTS WITH KUWAIT FOREIGN PETROLEUM EXPLORATION COMPANY ("KUFPEC")

Jura Energy Corp. has noted that the District Court of The Hague granted leave to place a prejudgment attachment in respect of Petroleum Exploration Pvt. Ltd.'s rights under:

• The share purchase agreements with Kufpec Pakistan Holdings BV, a company incorporated in the Netherlands, for PEL's acquisition of 100 per cent of the shares of Kufpec Pakistan Holdings' three subsidiaries; and
• The farm-in agreement with Kirthar Pakistan BV, a company incorporated under the laws of the Netherlands, for PEL's acquisition of Kirthar Pakistan's entire working interest in the Bhit and Badhra leases in the Kirthar block.

Jura's wholly owned subsidiaries, Frontier Holdings Ltd. and Spud Energy Pty. Ltd., filed an application seeking a prejudgment attachment order over PEL's SPA rights and farm-in rights. The application seeks to enforce the attachment creditors' claims under:

1. The previously announced International Chamber of Commerce partial final award and final award dated Dec. 12, 2024, and March 31, 2025, respectively, in favour of the attachment creditors amounting to $8.7-million (U.S.) (7.4 million euros); and
2. Additional claims advanced by FHL in respect of a continuing ICC arbitration amounting to $12.8-million (U.S.) (10.9 million euros).

The Dutch Court granted the prejudgment attachment over PEL's SPA rights and farm-in rights to secure the attachment creditors' claims totalling 20.5 million euros (including interest and costs). The attachment creditors will commence formal proceedings for the recognition and enforcement of the SA awards in the Netherlands. The prejudgment attachment for the additional claims shall remain in effect until the conclusion of the continuing ICC arbitration.

Management of Jura views the Dutch Court ruling as another significant legal success for FHL and Spud, which management anticipates will lead to recovery of the SA awards in the medium term and eventual recovery of the additional claims.

About Jura Energy Corp.

Jura is an international energy company engaged in the exploration, development and production of petroleum and natural gas properties in Pakistan. Jura is based in Calgary, Alta., and listed on the TSX Venture Exchange trading under the symbol JEC. Jura conducts its business in Pakistan through its subsidiaries, Frontier Holdings and Spud Energy.

We seek Safe Harbor.