Jura Energy Corporation reports that the Dutch Court granted a pre-judgment attachment over Petroleum Exploration Limited’s rights, totaling EUR20.5 million. This attachment is to secure claims in favor of Jura’s subsidiaries, FHL and Spud, amounting to US$8.7 million and US$12.8 million. The court ruling is seen as a legal success for FHL and Spud, with potential recovery of the awards in the medium-term. Jura is an energy company based in Calgary, engaged in exploration and production in Pakistan. Forward-looking statements indicate uncertainty regarding the enforcement of awards against PEL, with risks and uncertainties outlined in Jura’s disclosures.

Read more at GlobeNewswire: Jura obtains Dutch Court pre-judgment for attachment of