JKX Says Ukraine, Russia Operations Continue Without Disruption

Reuters

March 27 (Reuters) – London-listed oil and gas producer JKX Oil & Gas Plc said operations continued without disruption in Ukraine and Russia, where the company has its primary production assets.

JKX said it expected gas realisations to remain stable in Ukraine and to rise in Russia.

Profit from operations after exceptional items jumped to $9.2 million for the year ended Dec 31 from $5.8 million a year earlier.

Revenue fell about 11 percent to $180.7 million.

Average production increased 18 percent to 9,731 barrels of oil equivalent per day. 

(Reporting by Karen Rebelo in Bangalore; Editing by Joyjeet Das)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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



Most Popular Articles

From the Career Center
Jobs that may interest you
Project Engineer
Expertise: Manufacturing Engineering|Production Engineering|Project Engineer
Location: Chesapeake, VA
 
Chemical Facility/Manufacturing Manager
Expertise: Chemical Engineering|Operations Management|Plant Operations Engineer
Location: Waller, TX
 
Operations Manager - Fabrication and Field Crew
Expertise: Manufacturing Engineering|Materials Management |Operations Management
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $30.32/BBL 10.50%
Light Crude Oil : $27.94/BBL 5.89%
Natural Gas : $2.09/MMBtu 2.33%
Updated in last 24 hours