JKX Hits 2Q Production Target

Eastern Europe-focused JKX Oil & Gas reported Monday that its group production for the second quarter averaged 11,100 barrels of oil equivalent per day, which its management said was in line with guidance given in mid-May.

In May the company stated that it expected to average more than 11,000 boepd during 2Q 2013.

JKX said the 2Q 2013 production was split approximately 60:40 between Russia and the Ukraine, with a small contribution from Hungary.

JKX Chief Executive Dr Paul Davies commented in a company statement:

"Production for the quarter reflects both plant design capacity throughput at our Koshekhablskoye field in Russia and the re-commencement of our drilling program in Ukraine."

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  First Workers Complete New Industry Tr... (Mar 29)
 -  Mexico, UK Strengthen Ties with 5-Day ... (Mar 29)
 -  Sparrows Group Teams in Australia to D... (Mar 28)
 -  INPEX to Reorganize Natural Gas Busine... (Mar 28)
 -  Scottish Offshore Service Provider Pra... (Mar 28)


Most Popular Articles

From the Career Center
Jobs that may interest you
Senior Consultant - Subsea Systems
Expertise: Subsea Engineering
Location: Houston, TX
 
Senior Reservoir Engineer
Expertise: Reservoir Engineering
Location: Houston, TX
 
United States Houston: Petrophysicist
Expertise: Petroleum Engineering|Petrophysicist
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $51.33/BBL 1.14%
Light Crude Oil : $48.37/BBL 1.34%
Natural Gas : $3.1/MMBtu 1.63%
Updated in last 24 hours