JKX Oil reports bump in first quarter production

15th Apr 2020 15:16

(Sharecast News) - JKX Oil & Gas reported an 11% improvement in group production in its first quarter on Wednesday, to 10,996 barrels of oil equivalent per day (boepd), up from 9,907 boepd year-on-year.

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JKX finance chief steps down as company pays off debt

20th Feb 2020 12:11

(Sharecast News) - JKX Oil & Gas has made the final payment of $5.82m (?4.52m) under the terms of its 2013 guaranteed unsubordinated convertible bonds, it announced on Thursday, consisting of a principal repayment of $5.44m and an accrued interest payment of $0.38m.

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JKX reports decent improvement in group annual production

9th Jan 2020 10:01

(Sharecast News) - JKX Oil & Gas updated the market on its operations for the latest quarter on Thursday, reporting a 20% improvement in group annual production to 10,748 barrels of oil equivalent per day.

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JKX Oil & Gas shares rise as production ramps up in Russia

16th Dec 2019 14:43

(Sharecast News) - JKX Oil & Gas updated the market on its operations on Monday, reporting that in Russia, the well 18 workover and sidetrack was completed on the Koshekhablskoye field.

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JKX makes third quarter production progress as it pursues court claims

9th Oct 2019 09:56

(Sharecast News) - JKX Oil and Gas updated the market on its operations for the third quarter on Wednesday, reporting group average production of 11,719 barrels of oil equivalent per day for the period, which was 13% higher than the previous quarter.

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JKX begins drilling new sidetrack in southern Russia

9th May 2019 12:15

(Sharecast News) - JKX Oil & Gas has announced plans to suspend clearing out a well in Russia in favour of drilling a fresh sidetrack.

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Ukraine police still investigating JKX Oil subsidiary

25th Jul 2016 15:36

(ShareCast News) - JKX Oil & Gas updated the market on the police investigation into its Ukrainian subsidiary Poltava on Monday, confirming that the investigation remained ongoing. The London-listed firm said Poltava Petroleum Company was still receiving information requests from local police in con

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JKX Oil notes Ukraine gas production tax cut

7th Jan 2016 14:20

(ShareCast News) - JKX Oil & Gas said on Thursday that the Ukraine government has passed legislation to reduce the gas production tax there from 55% to 29%, with effect from 1 January 2016. The oil and gas exploration and production company has been at the forefront of campaigning for the reduction,

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Monday broker round-up UPDATE

4th Aug 2014 10:10

Afren: Canaccord Genuity reinstates with a target price of 120p and a hold recommendation. Bodycote: N+1 Singer cuts target price from 850p to 835p, while staying with its buy recommendation. BT Group: Berenberg moves target price from 460p to 475p and maintains a buy recommendation. Espirito Sant

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London midday: Stocks hit two-week low on Ukraine concerns

3rd Mar 2014 11:25

- FTSE 100 at lowest intraday level since February 17th - Ukraine conflict escalates - Stocks with exposure to Ukraine, Russia hit - China manufacturing weakens techMARK 2,842.73 -2.13% FTSE 100 6,683.18 -1.86% FTSE 250 16,345.25 -2.28% UK stocks sank to their lowest levels in two weeks on Monday

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JKX Oil & Gas adds new well in Ukraine

14th Oct 2013 12:01

A Ukrainian appraisal well has flowed at encouraging rates of gas and oil condensate, explorer and producer JKX Oil & Gas has revealed. The Z-05 well, at Poltava in eastern Ukraine, has begun to flow to the company's production facility after appraisal tests showed it flowed at a stabilised rate o

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Sector movers: Shell dampens oil sector as earnings slump

1st Aug 2013 14:53

A cool reaction to second-quarter results from Royal Dutch Shell meant that the oil and gas sector was the worst performing category of the day on Thursday as the oil major's earnings sank sharply year-on-year. Shell's earnings, on a current cost of supplies (CCS) basis, dropped to $2.4bn from $6.0

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JKX encouraged by data review and well recompletion

18th Jul 2013 12:10

Explorer and producer JKX Oil & Gas has been encouraged by results from the redrilling of a non-producing well in the NovoNikolaevskoye field in the Ukraine. The Eastern Europe-focused company, which is the subject of a shareholder tussle between its UK management and a group of three Ukrainian fin

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JKX upwardly revises reserves for Elizavetovskoye Field

11th Feb 2013 09:37

JKX Oil & Gas announced Monday that it has upwardly revised its proven and probable reserves for its Elizavetovskoye Field in the Ukraine. The proven and probable reserves were revised to 22bn cubic feet (3.7m barrels of oil equivalent), with a further 20m barrels of oil equivalent of net prospecti

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JKX Oil & Gas to begin well treatment in Russia

7th Feb 2013 13:11

JKX Oil & Gas said Thursday that it has begun the hydrochloric acid treatment of three wells on the Koshekhablskoye Field in the Republic of Adygea, Russia. The firm said the aim of the programme is to enhance well productivity by improving conditions in the near wellbore and the removal of residua

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