Appointment of Corporate Broker

6 October 2016

JKX Oil & Gas plc

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

Appointment of Corporate Broker

JKX, an upstream oil and gas exploration and production company with significant assets in Ukraine and southern Russia, today announces the appointment of Stockdale Securities as sole broker with immediate effect.

For further information please contact:

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

Russell Hoare, Chief Financial Officer

Stockdale Securities +44 (0) 20 7601 6100

Robert Finlay, Daniel Harris

EM Communications +44 (0) 20 3709 5711

Stuart Leasor, Jeroen van de Crommenacker