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PPC obtains license extension

21 Jul 2020 07:00

RNS Number : 5285T
JKX Oil & Gas PLC
21 July 2020
 

21 July 2020

 

 

JKX Oil & Gas plc

("JKX", the "Company" or the "Group")

PPC obtains license extension

 

JKX announces that the Poltava Petroleum Company ("PPC"), its Ukrainian subsidiary, has been granted a new special permit for the Zaplavska field for the purpose of oil and gas production for a period of 20 years. This permit covers a total area of 173 square kilometres.

 

PPC's previous licence for exploration for the Zaplavska field was valid until 2019. To date the company conducted 2D and 3D seismic surveys and drilled 5 exploration wells.

PPC plans to carry out a workover in the Zaplavska field by the end of 2020. Including the Zaplavska field licence, the company currently owns 6 production licences in Poltava region.

 

ENDS

 

JKX Oil & Gas plc +44 (0) 20 7323 4464

Dmytro Piddubnyy, CFO

 

EM Communications +44 (0) 20 7002 7860

Stuart Leasor, Jeroen van de Crommenacker

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Date   Source Headline
21st Apr 20202:00 pmRNSPrice Monitoring Extension
15th Apr 20207:00 amRNSQuarterly Operations Update
27th Mar 202010:05 amRNSMore 2015 Poltava rental fees closed for PPC
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20th Sep 20197:00 amRNSBoard Committee Appointments
16th Sep 20197:00 amRNSDirectorate Changes
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31st Jul 20197:00 amRNSHalf-year Report
19th Jul 20197:00 amRNSIG142 test results
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2nd Jul 20191:00 pmRNS2015 Poltava rental fee claim closed in favour PPC
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30th May 20197:00 amRNSBoard Update
23rd May 20195:55 pmRNSPost AGM Update
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18th Apr 20192:43 pmRNSUpdate on 2015 Poltava rental fee claims
17th Apr 20197:00 amRNSQuarterly Operations Update
8th Apr 20197:00 amRNSPublication of Annual Report 2018
29th Mar 20197:00 amRNSUNAUDITED PRELIMINARY RESULTS YE 31 DEC 2019
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10th Jan 201911:05 amRNSSecond Price Monitoring Extn
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10th Jan 20199:23 amRNSQuarterly Operations Update
9th Jan 20192:16 pmRNSTotal Voting Rights
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22nd Oct 201811:05 amRNSSecond Price Monitoring Extn
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17th Oct 201811:35 amRNSUpdate on 2015 Poltava Tax Cases
17th Oct 20187:00 amRNSAppointment of BDO LLP ("BDO") as auditor

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