JKX Says Ukraine, Russia Operations Continue Without Disruption


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 2015 Thomson Reuters. Click for Restrictions.


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

Most Popular Articles

From the Career Center
Jobs that may interest you
Reservoir Engineer
Expertise: Reservoir Engineering
Location: Houston, TX
Distribution Specialist
Expertise: Logistics Management
Location: Houston, TX
Operations Engineer-LDPE
Expertise: Chemical Engineering|Operations Management
Location: Lake Charles, LA
search for more jobs

Brent Crude Oil : $49.86/BBL 5.29%
Light Crude Oil : $47.1/BBL 5.09%
Natural Gas : $2.54/MMBtu 1.60%
Updated in last 24 hours