RE: Opec7 Jun 2020 21:36
From the end of Year results:
2019 Highlights
§ Revenue up to $101.7m (2018:$92.9m) thanks to increased production volume in Ukraine, despite lower gas prices.
§ Profit before tax up to $30.4m (2018:$14.0m).
§ Cash generated from continuing operations up to $41.4m (2018:$37.3m).
§ Year end cash position of $20.6m (2018:$19.2m).
§ Final bond payment made February 2020, making the JKX Group debt free.
§ Average daily production up to 10,748boepd (2018:8,
§ In Ukraine, production up more than 50% to 5,584boepd (2018:3,677boepd) due to continued execution of development plan.
§ In Russia, well workover programme completed and average production maintained at 5,158boepd (2018:5,169boepd).