Kazakhstan-focused exploration and production company Jupiter Energy (ASX: JPR) has requested a trading halt pending release of an announcement about a capital raising.

The halt will last until an announcement is made or commencement of trading on Tuesday 17th August 2010.

Last month, Jupiter Energy announced the results of an independent resource assessment and, separately, a quarterly update on activities in Block 31 in Kazakhstan.

As a result of the review, Jupiter’s Middle Triassic reserve and resource estimates have increased 180% to 58.2 million barrels.