<p>Jura Energy Corporation has announced a significant legal victory in its ongoing litigation with Petroleum Exploration (Private) Limited (PEL). The High Court of Justice in England and Wales dismissed in full PEL’s appeal challenging the jurisdiction of an arbitral tribunal that previously issued a favorable award to Jura’s subsidiaries, Spud Energy and Frontier Holdings Limited (FHL). The court also awarded approximately GBP 384,000 in costs to Jura’s subsidiaries and granted an anti-suit injunction preventing PEL from initiating further proceedings in breach of their settlement agreement. FHL retains its 27.5% working interest in the Badin IV South and Badin IV North petroleum concessions in Pakistan, and PEL is not entitled to seek forfeiture of these interests. Jura is proceeding with steps to enforce the award and will update shareholders as the process advances. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jura Energy Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9642896-en) on January 27, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)</p>

UK Court Dismisses PEL Appeal in Jura Energy Arbitration Dispute