Jupiter Energy was on the up after it announced two of its wells in Kazakhstan had been granted trial production licences.
The licences for its J-51 and J-53 wells mean oil can be produced under trial production for a maximum of three years and during this time it will be sold into the domestic market.
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Jupiter added that trial Production from its J-50 and J-52 wells continued and it expected aggregate production from the Block 31 field during would be around 1,400 barrels of oil per day (bopd) from the J-50, 51, 52 and 53 wells in the first quarter of 2013.
The company's shares were up 2.3% by 1100, following the announcement.
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