29 Jan 2019 07:00
29 January 2019
JKX Oil & Gas plc ("JKX" or the "Company")
Ukraine production update
Following the successful initial test rate of IG103 sidetrack, referred to in the recent Quarterly Operations update, the performance of the well continues to exceed expectations and as such production in Ukraine has averaged 5,129 boepd since the start of the year. This is significantly higher than the Q4 2018 average of 4,013 boepd.
Victor Gladun, CEO of PPC, JKX's operating subsidiary in Ukraine, is today presenting at the Ukrainian Gas E&P Forum in London. A copy of his presentation can be found at http://www.jkx.co.uk/investor-centre/investor-download-centre.aspx
EM Communications +44 (0) 20 7002 7860
Stuart Leasor, Jeroen van de Crommenacker
JKX.L (JKX)