March 27 (Reuters) - Jupiter Energy Ltd JPR.AX :
* STAFFING LEVELS TO BE REDUCED FROM 37 TO ABOUT 7 BY END OF APRIL 2020
* KAZAKH OIL PRODUCTION TO BE SHUT DOWN AS AT 31 MARCH 2020
* NO NEW OIL PREPAYMENT CONTRACT WILL BE SIGNED AT THIS TIME AND OUTSTANDING LIABILITY DUE TO LOCAL OIL TRADER AT MARCH 31 TO BE REPAID
* CURRENTLY REVIEWING FUTURE OPERATIONS, CASHFLOW MANAGEMENT AND IN DISCUSSION WITH NOTEHOLDERS ABOUT NEXT STEPS