Jupiter Reports Year-End 2017 Results and CFO Succession

CALGARY, Feb. 22, 2018 /PRNewswire/ - Jupiter Resources Inc. ("Jupiter" or the "Company") today announced financial and operating results for the year ended December 31, 2017.

Jupiter's year-end financial results and reserves report have been posted to the investor portal on the Company website. The Company will be hosting a conference call to discuss results on February 26, 2018.

CFO Transition

George Yee, who has served as Jupiter's Chief Financial Officer since the Company was formed in 2014, has decided to retire effective April 30, 2018. Jupiter is pleased to announce that Shyla Stinson, currently Vice President Finance, will assume the role of Chief Financial Officer effective May 1, 2018.

"George has been a terrific business partner and a good friend. From the beginning, he has assembled and mentored a strong finance and accounting team that will allow for a seamless transition. On behalf of the entire company, I would like to thank George and wish him all the best in the years to come," said Simon Bregazzi, Jupiter's CEO.

Conference Call

Forward Looking Statements

Certain information set forth in this release contains forward-looking statements, which are provided to allow investors to better understand our business. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Jupiter's control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, imprecision of reserve and resource estimates, environmental risks, competition from other industry participants, the lack of availability of qualified personnel or management and services, stock market volatility, changes in environmental regulations, tax laws and royalties and the ability to access sufficient capital from internal and external sources. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Jupiter's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements, or if any of them do so, what benefits that Jupiter will derive therefrom. Jupiter disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE Jupiter Resources Inc.