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Jupiter Energy requests trading halt

Jupiter Energy (ASX: JPR) has requested that the company's shares be placed in pre-open, pending the release of an announcment by the company.

Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Tuesday, 20 April 2010 or when the announcement is released to the market.

The company said it is not aware of any reason why the trading halt should not be granted.

Jupiter Energy has recently updated shareholders on the future activities for the J-50 well and in particular the key milestones that will be met to ensure the end of drilling operations on J-50 by the end of April 2010.

Disclosure: The author holds no positions in the company