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


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

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Alam Maritim Bags EPCIC Contract from ... (Dec 2)
 -  EOR to Pay Lower Purchase Price for In... (Dec 1)
 -  Sterling Energy in Dispute with Camero... (Dec 1)
 -  Lekoil Acquires Afren's Stake in the O... (Dec 1)
 -  Muhibbah Says Malaysia's Ophir Field W... (Nov 30)

Most Popular Articles

From the Career Center
Jobs that may interest you
Naval Architect / Marine Engineer
Expertise: Marine Engineering|Naval Architecture|Subsea Engineering
Location: Houston, TX
Manager of Engineering
Expertise: Drilling Engineering|Engineering Manager
Location: Houston, TX
Technical Advisor
Expertise: Petroleum Engineering|Reservoir Engineering|Well Intervention
Location: Houston, TX
search for more jobs

Brent Crude Oil : $44.44/BBL 0.38%
Light Crude Oil : $41.85/BBL 0.48%
Natural Gas : $2.23/MMBtu 0.22%
Updated in last 24 hours