North West Nickel Pty Ltd
Business Consulting in Perth

At this time, oil production has been close in as domestic oil pricing being offered by local traders is uneconomic. He is a member of the executive team of Waterford Investment and Finance Limited. Alexander brings an imperative technical advisory ability set to the Jupiter Energy Board as well as in country experience, having been involved with various Kazakhstan based oil and gas operations since the slow 1990’s. Sergei has 30 years experience in the oil sector with over 14 years spent in a variety of operational roles with the international oil services organization Schlumberger. The board reviews the above principles annually. Without intending to limit this general role of the Board, the principal functions and responsibilities of the Board include the following: Monitor the performance of the Company, the Board and management. Take responsibility for corporate governance. The Board considers that a Director is self-reliant if that Director complies with the latter criteria: However, his experience and knowledge of the Company makes his contribution to the Board such that it is appropriate for him to remain on the Board. A least of four meetings are to be held per year. Information provided to the Board includes all material information on: operations, budgets, cash flows, funding requirements, shareholder movements, broker activity in the Company’s securities, wealth and liabilities, disposals, financial accounts, outer audits, inside controls, risk assessment, fresh venture proposals, and health, safety and environmental reports. The risks involved in oil and gas exploration Company and the specific uncertainties for the Company remain to be regularly monitored and the packed Board of the Company meets on an annual basis to formally review such risks. The potential exposures with running the Company have been managed by the Board and Company Secretary who have meaningful broad ranging industry experience, labor together as a team and regularly share information on vogue activities. The CEO (or equivalent) and the CFO (or equivalent) declare in writing to the Board that the financial reporting risk management and associated compliance controls have been assessed and found to be operating efficiently and effectively. The Annual Report and notices of meetings of shareholders. Jupiter Energy is a Kazakh focused oil exploration and production company. The Aktau team is currently made up of 5 professionals and a number of Aktau based sub contractors that labor below the leadership and supervision of the Aktau Management Team who in turn report as a group directly to the Group CEO. Oil and gas reserves (excluding the Caspian Shelf) total 21 billion barrels of oil and gas condensate and the Caspian oilfields of Kazakhstan are estimated to grasp an excess 100 billion barrels of recoverable oil. Industry analysts believe that rehearsed expansion of oil production, together with the development of new fields, will enable the country to bear as much as 2 million barrels per day by 2015 makes the country one of the world’s top 10 oil producers. The allow currently covers an area of 123 km 2 and is located on trend with three existing producing oil fields that have potential resource in extra of 56 million barrels of oil (mmbbls). Access to the export oil market through the nearby port city of Aktau thereby selfless the Company the opportunity to monetize oil discoveries at the superior plausible prices when in Stuffed Production. Oil Gas is the largest sector and driver of growth for almost all Central Asian economies. Many of the worlds majors are involved in the development of these fields.