JSX Energy (JSXG)

[wiedsche]

How many shares have you got?

That's the question! To bring some life in here.

How many of this dead bodys have you got?

i have 700.

[Art2004]

If you click the website above, you get redirected to the Dept of Mineral Resources for Thailand.

IMHO the company is sandbagging us.

I wonder if we'll ever see any of our investment.

[wiedsche]

if i call www.jsxenergy.com i get redirected to www.suncor.com

has anybody news?

[Art2004]

OOPS!! SHARES CANCELLED...

Business
JSX Energy Exercises Fair Business Judgment
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Refer to a friend
© Business Wire 2008

2008-08-08 23:02:02 -


- JSX Energy Inc. has taken appropriate measures in response to US SEC Release No. 57486, issued on March 13th 2008, which resulted in a temporary trading suspension in its common shares. Although events prompting the action clearly pre-date JSX managements' involvement with the Company, the ensuing confusion has impaired its ability to secure capital required to fund ongoing operations.
Therefore, acting in good faith and with majority consent of its shareholders, the Company has decided to reverse the original transaction with JSX Energy (T) Ltd, effective immediately, resulting in the cancellation of all shares issued in the exchange by the Company. In the meantime, management is considering other opportunities that may generate future value for its shareholders and further information will be released as the situation develops.

JSX ENERGY INC. (OTC:JSXG) (FWB:JXN) A number of statements contained in this report may be forward-looking statements, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors not set forth herein. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties. Contact: Christina Chan: [phone]

[joe_trader]

right. the deal go on since 06.06.2008.

jsxg is online again.

news and we go uppppppppppppp

[Frankiy]

Luc J. Desmarais, President & CEO

*
With sixteen years of international business experience, Mr. Desmarais has acquired the skills necessary to effectively manage operations in a multi-cultural business & foreign political environment. As Chief Canadian Representative of the Canada China Business Council in Beijing, PRC and Director of Canada Steamship Lines Asian business operations in Singapore, he interacted with business and government leaders at the senior most levels.


*
Mr. Desmarais is a co-founder of New Steel International Inc., where he currently serves as Executive Vice Chairman. Over the years, he has gained valuable experience managing mineral exploration companies in Asia and working for oil exploration & production companies in Canada such as Dome Petroleum Limited and later Hudson’s Bay Oil & Gas.

Luc J. Desmarais, 43, is the Chairman of the Board of Directors and Chief Executive Officer of NIKRON. He will also be the Chairman and President and CEO and a director of MII Asia with full operational and financial authority and responsibilities for all activities in Asia. He will spend 100% of his working time on NIKRON’s and NIKRON Asia’s business (including MII Asia). From 1997 to 2000 he was President of Pakham Exploration & Mining Ltd., Bangkok, Thailand, a Canadian based mineral exploration company with total staff in Thailand under management numbering 55 at the height of operations. The main responsibilities of the position included ensuring full compliance with local, provincial and federal agencies, establishing budgets, preparation of financial reports for the Board, while overseeing all administrative activities. Business dealings were at the senior executive level in the private sector and reached the highest levels of the Thai government.

From 1996 to 1997 Mr. Desmarais was the Manager, Regional Business, for Canada Steamship Lines’ offices in Singapore, with responsibilities of seeking out and developing new business, while maintaining contracts secured with power plants in Indonesia and a joint venture in China. He also pursued "Independent Power Projects" in New Caledonia, Australia and Thailand, and commissioned the construction of six new Panamax vessels with shipbuilders in China and Japan. From 1994 to 1996, he was the Director, Special Projects, for Canada Steamship Lines, with a mandate to design and implement a global electronic communication system allowing all officers aboard to interact with others throughout the fleet, as well as the outside world, using a combination of e-mail and satellite links. This system formed part of a larger electronic data interchange program which he implemented to connect the ships’ engineers, shore based purchasing department and suppliers.

From 1992 to 1993 Mr. Desmarais was Manager, Canada China Business Council, Beijing, China, where he was responsible for managing a Chinese staff of 12 professionals, while generating business for the Council and its 300 corporate members, including Canada Steamship Lines, Canadian Airlines, the China International Trust and Investment Corp (CITIC), Export Development Corp., Hydro Ontario International, Northern Telecom, Power Corporation, and SNC-Lavalin. From 1989 to 1992 he was President of Ambleford Export Limited, Bangkok, Thailand, a company which sourced and exported manufactured products to North American and European clients.

From 1983 to 1989 Mr. Desmarais was a real estate developer with Victoria Island Limited, Ontario, and from 1980 to 1983 he was a manager for well completions with Dome Petroleum Limited.

[Frankiy]

I dont think JSXG is just a shell
It is a real company with a real business with real contracts.
Besides a Frankfurt listing isnt that easy to achive like a Pinksheetlisting - thats another fact that JSXG cannot be a scam.
Mr. Luc Desmarais has a big name in Canada and he is already a multimillionaire.
I dont think he would give his name for a possible Pinkie Scam.
No worries here! Time will tell and show...

All imo
Frankiy

[Art2004]

Yes, a private source has told me that attorneys are busy preparing the required documentation.

The website looks real enough, the block rights and the farm out to a real oil ezxploration company appear to be good.

Have to see what develops.

[Duffau]

JSXG is really a "shell".

I think you should accept the fact that this company may never trade again and your investment is likely gone.

Evidently the SEC is beginning to crack down on shell companies that appear to them to be less than honest.

But there is hope that the company will protest loudly and quickly supply all the documentation needed by the SEC and market makers to again trade this stock.

[Art2004]

It is now 3/22. It would be helpful if somone posted an explanation of or even comments about the SEC suspension other than JSXG is really a "shell".

[Duffau]

Today, The SEC suspended this shell from trading.

[Frankiy]

JSXG german gap closed today!
Get ready for the first target of $0.80!

[Frankiy]

German gap at has to be filled Euro 0.105

[Frankiy]

JSXG $0.35 +75%

[Frankiy]

Time & Sales
Price Size Exch Time
0.198 10000 OTO 14:32:35
0.20 10000 OTO 14:32:31
0.19 4000 OTO 14:12:56
0.19 6000 OTO 11:54:40
0.19 5000 OTO 10:39:14
0.15 15000 OTO 09:54:27
0.15 5000 OTO 09:42:15
0.15 5000 OTO 09:36:18
0.15 5000 OTO 09:35:55
0.15 5000 OTO 09:35:27
0.20 6500 OTO 09:31:53
0.18 6500 OTO 09:31:51

[Frankiy]

JSXG broke the downtrend in Frankfurt !
Get ready...

[Frankiy]

MA 20 is ready to cross the MA 50.
Chartwise it is a buy imo !

[MIKE2OO5]

These prices are bargains.eom

[Frankiy]

JSX ENERGY Successfully Completes Farmout of Thai Petroleum Blocks L3/48, L9/48 and L17/48 with Signing of Joint Operating Agreements
Monday November 12, 9:05 am ET

BANGKOK, Thailand--(BUSINESS WIRE)--JSX ENERGY Inc. (OTC:JSXG - News) (FWB:JXN) (WKN:A0LGD2) (ISIN:US46629L1070) announced on 20 April 2007 that its Thai subsidiary, JSX Energy (Thailand) Limited ("JSXT"), had entered into a conditional farmout agreement (the “Agreement”) with Singapore-listed Interra Resources Limited in relation to a 50% participating interests in the petroleum concession agreements for blocks L3/48, L9/48 and L17/48 (collectively the "Petroleum Blocks"). The transactions under the Agreement would be effected by way of assignment of 50% of JSXT’s participating interests in the Petroleum Blocks.

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The Board of Directors of the Company is now pleased to announce that all conditions precedent to the effectiveness of the Agreement have been fulfilled, including approval from the Thai Ministry of Energy in respect of the assignment and the execution of Joint Operating Agreements in respect of the Petroleum Blocks (the "JOAs").

The JOAs provide that an Operating Committee will have ultimate control over the operations of the Petroleum Blocks and that JSXT maintains equal representation and influence over all operations with its new partner.

ABOUT JSX ENERGY INC: We are an upstream oil exploration company focused on high growth/low risk opportunities in Southeast Asia. The Company’s seasoned management team has used its experience and proprietary information to position the Company to become a leading independent of oil & gas producer. For more information visit our website: www.jsxenergy.com.

A number of statements contained in this report are forward-looking statements that involve a number of risks and uncertainties, including competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors not set forth herein. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.


Contact:

for JSX ENERGY Inc.
Ms. Salisa Lekhasiri, [phone]
[e-mail]

Source: JSX ENERGY Inc.

[Frankiy]

JSX Energy Seismic Study of Thailand's Mae Sot Basin Indicates Several High Priority Targets for Drilling Program
Tuesday May 8, 4:30 am ET

BANGKOK, Thailand--(BUSINESS WIRE)--JSX Energy's technical experts are very pleased with results of recent seismic reinterpretation study conducted by Carl Goldwater of Petro-Ventures International in Houston. The detailed analysis of 2D seismic and other geophysical and geological data of the Mae Sot Basin is now complete and the final report was received at JSX's Thailand office.

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Several very positive developments have emerged from the combined analysis, including the clear indication of potential "traps" and "source rock maturity for oil generation". A number of structural and fault-related leads have been identified on the flanks of the deepest depression of the Basin. The proximity of these leads to the area of mature source or "kitchen area" should provide excellent traps for oil generated and migrating updip. "Several leads may require additional seismic acquisition to confirm and determine optimum drilling locations before being tested", said Sam Cohen, JSX Energy's Executive Director in Bangkok.

Goldwater is a leading authority on Thai petroleum geology and geophysics. He has undertaken a number of extensive projects in the Country over the past 30 years, including a complete gravity survey of the Mae Sot Basin and an in-depth interpretation of the prolific Phitsanulok Basin, which includes the 380,000,000 barrel Sirikit oilfield next door to Mae Sot. As one initial observation, Goldwater indicated that "stratigraphy on portions of Mae Sot seismic data is very similar to that of the hugely productive lacustrine section of the Phitsanulok Basin".

JSX ENERGY INC. (OTC:JSXG - News; FWB:JXN) (WKN:A0LGD2) (ISIN:US46629L1070) is an aggressive exploration company focused on high growth opportunities in Thailand's petroleum sector. The Company has 2,500,000 acres under exclusive license and is managed by leading experts in Thailand's energy Industry. Visit: www.jsxenergy.com

A number of statements contained in this report are forward-looking statements, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors not set forth herein.


Contact:

JSX Energy Investor Relations
Ms. Supeecha Hundstuen, [phone]

Source: JSX Energy Inc.

[Frankiy]

JSX Energy Confirms Excellent Potential for Oil & Gas Discovery in Thailand's Mae Sot Basin
Monday May 7, 5:00 am ET

BANGKOK, Thailand--(BUSINESS WIRE)--JSX Energy's technical experts have confirmed statements regarding the discovery potential for liquid hydrocarbons in JSX's Mae Sot Basin. Their high degree of confidence is based on scientific conclusions drawn from seismic and other geophysical & geological data of the Basin. A comprehensive 2-D seismic reinterpretation study was recently conducted by Dr. Carl Goldwater and it generated significant new information, including the confirmation of "source rock maturity for oil generation".

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Goldwater's analysis of the Basin clearly indicates sediments buried to a maximum depth of 6000 feet. If deposition, burial history and thermal regime are similar to those of the Fang Basin as expected, then one would conclude that source rocks would become mature for oil generation at 3600 feet and deeper in a "kitchen area".

Goldwater is a highly qualified expert in Thai petroleum geology and geophysics. He has undertaken a number of extensive projects in the Country over the past 30 years, including a complete gravity survey of the Mae Sot Basin and an in-depth interpretation of the prolific Phitsanulok Basin, which includes the 380,000,000 barrel Sirikit oilfield next door to the Mae Sot Basin.

JSX ENERGY INC. (OTC:JSXG - News; FWB:JXN)(WKN:A0LGD2) (ISIN:US46629L1070) is an aggressive exploration company focused on high growth opportunities in Thailand's petroleum sector. Management is comprised of leading experts in Thailand's energy Industry who have positioned the Company to benefit from revised government policies designed to increase domestic production. JSX has 2,500,000 acres under three exclusive long-term petroleum concession agreements. Visit: www.jsxenergy.com

A number of statements contained in this report are forward-looking statements, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors not set forth herein. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.


Contact:

JSX Energy (Investor Relations)
Ms. Supeecha Hundstuen, [phone]

Source: JSX Energy Inc.

[Frankiy]

JSX Energy Awarded Additional 1,500,000 Acres by Thailand's Ministry of Energy for Total of 2,500,000 Acres Under Long-Term Exclusive License
Wednesday April 25, 3:30 am ET

BANGKOK, Thailand--(BUSINESS WIRE)--JSX management is pleased to confirm that it has been awarded Petroleum Concessions L3/48 and L9/48 by Thailand's Ministry of Energy. These new blocks are located in Sukhothai & Lampang provinces; a highly prospective yet under-explored region of northwest Thailand. "Our patience and hard work has been rewarded," stated Luc Desmarais, JSX's President & CEO. "With a total of three concessions and 2,500,000 acres under exclusive license, our technical experts will now accelerate their analysis of all available data, with a view to drilling high probability targets as quickly as possible," he added.

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JSX has agreed to jointly explore & develop the fields with INTERRA Resources of Singapore and the two companies have been planning their strategy since first agreeing to work together in December last year. Aside from reinterpreting 100 kilometres of reprocessed 2D seismic, JSX geophysicists are also analysing Bouguer gravity data, Landsat-7 Imagery, and "Digital Elevation Model" data collected from the Space Shuttle Endeavor during the Shuttle Radar Topography Mission in 2000. New and valuable information has emerged from the combined data that will greatly enhance target selection for the upcoming drilling program.

JSX ENERGY INC. (OTC:JSXG - News; FWB:JXN) (WKN:A0LGD2) (ISIN:US46629L1070) is an aggressive exploration company focused on high growth opportunities in Thailand's petroleum sector. Management is comprised of leading experts in Thailand's energy Industry who have positioned the Company to benefit from revised government policies designed to increase domestic production. Visit: www.jsxenergy.com.

A number of statements contained in this report are forward-looking statements, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors not set forth herein. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.


Contact:

JSX Energy
Ms. Supeecha Hundstuen, 662-231-8299

Source: JSX Energy Inc.

[Frankiy]

JSX Energy Signs Multi-Million Dollar Long-Term Farmin Agreement With INTERRA RESOURCES of Singapore to Explore and Develop JSX Petroleum Concessions in Thailand
Tuesday April 24, 4:00 am ET

BANGKOK, Thailand--(BUSINESS WIRE)--JSX'S Board of Directors is very pleased to announce that recent negotiations with Singapore-based INTERRA RESOURCES LIMITED has concluded successfully with the signing of a long-term "farmin" agreement. JSX and INTERRA will now proceed to jointly explore and develop JSX's Petroleum Concessions, located in an under-explored and highly prospective region of northwest Thailand.

"Teaming up with INTERRA is consistent with our strategy of exploring high probability targets while minimizing financial risk," said Luc Desmarais, JSX's President & CEO. "Together we stand a much greater chance of unlocking the full potential in the Mae Sot and other basins within our concessions, all of which are situated in close proximity to the Country's most productive onshore oilfields," he added.

Under the terms of the agreements, INTERRA will fund 100% of the US$4.3 million committed operating expenses required to complete the 3-year exploration programs, in exchange for a 50% participating interest. The entire funding commitment was backed up with irrevocable bank guarantees in favour of the Thai Government, ensuring full performance and a continuous work program until the year 2010. The total spending on the concessions may exceed US$15 million over the first & second exploration programs with expenditures above US$4.3m to be funded proportionally by JSX and INTERRA.

INTERRA Resources is an experienced operator with oil production onshore Indonesia and in central Myanmar and their common shares trade on the Singapore Exchange Securities Trading Limited.

JSX ENERGY INC. (OTC:JSXG - News; FWB:JXN) (WKN:A0LGD2) (ISIN:US46629L1070) is an aggressive exploration company focused on high growth opportunities in Thailand's petroleum sector. Management is comprised of leading experts in Thailand's energy Industry who have positioned the Company to benefit from revised government policies designed to increase domestic production -- see www.jsxenergy.com.

A number of statements contained in this report are forward-looking statements, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors not set forth herein.


Contact:

JSX Energy
Ms. Supeecha Hundstuen, [phone]

Source: JSX Energy Inc.

[Frankiy]

JSX Energy is Moving Forward with Major Joint Operating Agreements
Wednesday April 11, 10:16 am ET

BANGKOK, Thailand--(BUSINESS WIRE)--Management is pleased to report that negotiations with an experienced operator to explore and develop all potential oilfields on its three petroleum concessions in northwest Thailand are nearing a successful conclusion. Teams of lawyers representing both sides are finalizing the "farmout" contracts, Joint Operating Agreements, various security documents and Bank Guarantees in favor of the Royal Thai Government.

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The process has taken longer than expected; however, these complex agreements govern how the two companies will interact and jointly manage operations going forward. As JSX Energy's Petroleum Concessions hold the potential of transforming into multi-billion dollar assets over their 30-year production lifecycles, the exercise must be handled with diligence to ensure that all of the agreements are structured properly and capable of adapting to the rapid growth anticipated by both companies.

JSX ENERGY INC. (OTC:JSXG - News; FWB:JXN) (WKN:A0LGD2) (ISIN:US46629L1070) is an aggressive exploration company focused on high growth opportunities in Thailand's petroleum sector. Management is comprised of leading experts in Thailand's energy Industry who have positioned the Company to benefit from revised government policies designed to increase domestic production. www.jsxenergy.com

A number of statements contained in this report are forward-looking statements, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors not set forth herein. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.


Contact:

JSX Energy Investor Relations
Ms. Supeecha Hundstuen, [phone]

Source: JSX Energy Inc.

[Frankiy]

JSX Energy Looks to Produce Clean Renewable Power in Thailand Adding Ten Million Dollars in Annual Cash Flow

Monday April 2, 3:00 am ET

BANGKOK, Thailand--(BUSINESS WIRE)--In anticipation of future operations and increased demand for electricity, JSX has commissioned a preliminary feasibility study to assess the economic viability of a full scale solar energy project on one of its petroleum concessions in northwest Thailand. National statistics show the area to be amongst the driest in the Country while enjoying an above average amount of sunshine; making it an ideal location for such a venture.

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Investments in solar are consistent with the Thai Government's new energy policy which include generous subsidies that make solar as attractive as traditional energy sources. Under a long-term offtake agreement with the Provincial Electric Authority, a 10 megawatt plant would generate approximately US$10,000,000 in annual cash flow, including carbon credits.

The Thai Government is aggressively promoting all forms of renewable energy and recently announced several initiatives to stimulate investment in the sector. Under the new plan, solar power qualifies for the highest subsidy per kilowatt-hour, making it competitive with other energy sources for the first time in history. The study will be based on best available technologies and results are expected within three months time.

JSX ENERGY INC. (OTC:JSXG - News; FWB:JXN) (WKN:A0LGD2) (ISIN:US46629L1070) is an aggressive exploration company focused on high growth opportunities in Thailand's petroleum sector. Management is comprised of leading experts in Thailand's energy Industry who have positioned the Company to benefit from revised government policies designed to increase domestic production. http://www.jsxenergy.com

A number of statements contained in this report are forward-looking statements, which are made pursuant to the Safe Harbour provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors not set forth herein. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.


Contact:

JSX Energy
Ms. Supeecha Hundstuen, [phone]
(Investor Relations)

Source: JSX Energy

[Frankiy]

JSX Energy Seismic Progress Report Mae Sot Basin Evaluation
Wednesday March 21, 9:00 am ET

HOUSTON--(BUSINESS WIRE)--JSX management is pleased to offer this seismic reinterpretation progress report and preliminary basin evaluation by Mr. Carl Goldwater of Petro-Ventures International, a leading expert in Thailand's petroleum geology and geophysics.

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Twelve Mini-Sosie seismic lines in paper analog form received on Friday were transmitted to Fugro in Houston for reconstruction into digital workstation-compatible files. These additional lines, together with the existing CGG-reprocessed seismic lines, will yield a clearer picture of basin geometry and structuring.

Bouguer gravity data has also been assembled and mapped over the area of primary interest. Since coverage of Bouguer gravity is more extensive than seismic, the Bouguer data allows the interpreter to infer probable basin geometry and depths beyond the limits of seismic coverage.

A comparison of CGG-reprocessed seismic data with the gravity information yields strong indications of the basin deepening southwest of the southernmost line of seismic control. This deeper section may be mature and form a "kitchen" area for maturation of source rocks with migration of oil into traps updip to the north and northeast. "Results so far confirm our best case scenario that significant quantities of liquid hydrocarbons have likely been generated in the basin," stated Sam Cohen, JSX Executive Director in Thailand. Further detailed investigation is currently in progress.

JSX ENERGY INC. (OTC:JSXG - News; FWB:JXN) (WKN:A0LGD2) (ISIN:US46629L1070) is an aggressive exploration company focused on high growth opportunities in Thailand's petroleum sector. Management is comprised of leading experts in Thailand's energy Industry who have positioned the Company to benefit from revised government policies designed to increase domestic production. http://www.jsxenergy.com

A number of statements contained in this report are forward-looking statements, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors not set forth herein. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.


Contact:

JSX Energy
Ms. Supeecha Hundstuen, [phone]
(Investor Relations)

Source: JSX Energy

[Frankiy]

JSX Energy Strikes Agreement with Strategic Operating Partner
Thursday March 15, 4:30 am ET

BANGKOK, Thailand--(BUSINESS WIRE)--JSX management is pleased to announce that it has signed a binding Letter of Intent with a farmin partner to jointly explore and develop the Mae Sot basin, located in JSX's Block L17. The identity of the partner and terms of the deal will be disclosed in the coming days upon signing of the definitive agreement being developed by lawyers representing both parties. It was confirmed however, that JSX will retain full use of its $25,000,000 "tax pool" during the first 10 years of production.

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click here
JSX's new operating partner on Block L17 is an experienced energy company with a strong balance sheet, excellent technical staff and several producing oilfields in Southeast Asia. Joint operations are expected to begin within a matter of weeks, starting with a thorough review of all technical data and optimization of work programs.

JSX ENERGY INC. (OTC:JSXG - News; FWB:JXN) (WKN:A0LGD2) (ISIN:US46629L1070) is an aggressive exploration company focused on high growth opportunities in Thailand's petroleum sector. Management is comprised of leading experts in Thailand's energy Industry who have positioned the Company to benefit from revised government policies designed to increase domestic production. www.jsxenergy.com

A number of statements contained in this report are forward-looking statements, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors not set forth herein. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.

[Andromedus1]

Very interesting business venture. I'll be watching this one closely in the coming months. I think the PPS is a bit high for such a speculative venture but I'm waiting to see where the support forms. Best of luck and I'll be back from time to time.

[Frankiy]

JSX Energy Strategic Partnership Update
Tuesday March 13, 11:34 am ET

BANGKOK, Thailand--(BUSINESS WIRE)--JSX management is encouraged by the tremendous progress being made in negotiations with strategic partner to explore and develop the Mae Sot basin. The lawyers involved believe they have successfully addressed all relevant legal, financial and tax issues, confirming that JSX will retain full use of its $25,000,000 "tax pool" during the first 10 years of production under the proposed structure. Final meetings between the partners and the Ministry of Energy are scheduled for Wednesday in Bangkok and management is confident that an agreement can be reached.

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In the meantime, work is proceeding on schedule, with seismic reinterpretation expected within two weeks and environmental planning well underway. The Company has also met with several drilling companies and is confident that drill rigs and other equipment will be available when required.

JSX ENERGY INC. (OTC:JSXG - News; FWB:JXN) (WKN:A0LGD2) (ISIN:US46629L1070) is an aggressive exploration company focused on high growth opportunities in Thailand's petroleum sector. Management is comprised of leading experts in Thailand's energy Industry who have positioned the Company to benefit from revised government policies designed to increase domestic production. For more information on the Company visit: www.jsxenergy.com.

A number of statements contained in this report are forward-looking statements, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors not set forth herein. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.


Contact:

JSX Energy Investor Relations
Ms. Supeecha Hundstuen, [phone]

Source: JSX Energy Inc.

[Frankiy]

JSX Energy and Strategic Partner to Explore & Develop Mae Sot Basin in Thailand

JSX Energy’s (USOTC:JSXG) (FWB:JXN) (WKN:A0LGD2) (ISIN:US46629L1070) 1,000,000 acre petroleum Block L17 has attracted tremendous attention from well known oil companies since it was officially awarded on December 8th 2006. JSX management have met with and shared vital information with companies from all over the world and several interesting proposals have been submitted to the Company for consideration.

“We have reviewed various proposals to jointly explore & develop Block L17, each with its own complementary strengths; however our sights are set well beyond this one block. Management believes more shareholder value can be created by building a solid long-term relationship with the right strategic partner and we expect to announce our final decision within the coming weeks," said JSX President Luc Desmarais.

The Mae Sot basin contains massive amounts of rich oil shale, an excellent source material for conventional oil & gas. Exploration & development of the block will require an ongoing effort over the next 8 years, while production licenses can last as long as 30 years depending on reserves in the basin.

JSX ENERGY INC. (USOTC:JSXG) (FWB:JXN) (WKN:A0LGD2) (ISIN:US46629L1070) is an aggressive exploration company focused on high growth opportunities in Thailand’s petroleum sector. Management is comprised of leading experts in Thailand’s energy Industry who have positioned the Company to benefit from revised government policies designed to increase domestic production – visit: www.jsxenergy.com

A number of statements contained in this report are forward-looking statements, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors not set forth herein. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties. Contact JSX Energy Investor Relations, Ms. Supeecha Hundstuen: [phone]

JSX Energy (Investor Relations)
Ms. Supeecha Hundstuen: [phone]

Source: Business Wire (February 26, 2007 - 8:53 AM EST)

News by QuoteMedia
www.quotemedia.com

[MIKE2OO5]

nice board frankiy next week should get more news on drilling and financing arrangements!!!!!!!!!!

[Frankiy]

Since a few weeks JSXG shows heavy volume in Germany .