7 Mar 2019 07:00
RNS Number : 0965S
JKX Oil & Gas PLC
07 March 2019
LEI: 213800AS2I1XUAGQ6F27
7 March 2019
JKX Oil & Gas plc ("JKX" or the "Company")
Update on Well 5 sidetrack in Russia
The Well 5 sidetrack was successfully drilled to a total depth of 5,204m. Gas shows during drilling and results of the log analysis indicate a net pay thickness of 21m which is as anticipated. However, during a scraper run the drill pipe parted leaving 1,119m of fish in the well. Only 147m of the fish has been able to be recovered to date and the workover is suspended pending inspection of the drill pipe.
ENDS
EM Communications +44 (0) 20 7002 7860
Stuart Leasor, Jeroen van de Crommenacker
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JKX.L (JKX)