Russian Operational Update

27 December 2017

JKX Oil & Gas plc ("JKX")

Russian Operational Update

JKX announces that an obstruction has been encountered in the tailpipe of Well 5 in its Koshekhablskoye field in Southern Russia and attempts to clear it have been unsuccessful, meaning that a further workover will be required to achieve production from this well. Options relating to this are being explored and the chosen plan of action, along with the likely timescale for implementation, will be announced as appropriate. 

ENDS

For further information please contact EM:

Stuart Leasor

leasor@em-comms.com

T: +44 20 3709 5711

M: +44 7703 537721

Jeroen van de Crommenacker

crommenacker@em-comms.com

T: +44 20 3709 5713

M: +44 7887 946719