JKX Oil & Gas PLC Initiation Rudenkivske field stimulation program (3285F)
May 17 2017 - 2:00AM
UK Regulatory
TIDMJKX
RNS Number : 3285F
JKX Oil & Gas PLC
17 May 2017
17 May 2017
JKX OIL & GAS PLC
("JKX" or "the Company")
Initiation of Rudenkivske field stimulation program
JKX announces that a contract has been signed with Schlumberger
to stimulate 11 wells with multiple zones during the second and
third quarter of this year and the technical fleet has arrived at
its facility in Poltava, Ukraine. It is expected that the
stimulation program will begin within the next two weeks.
The Company also draws attention to a presentation given by Tom
Reed, JKX's CEO, on 11 May 2017 at the Oil Capital conference in
London where he gave an update on the progress made by the
management team since their appointment in January 2016.
A video of the full presentation can be found through the
following link:
http://www.oilcapital.com/companies/stocktube/7453/jkx-oil-gas-ceo-tom-reed-presents-at-the-oil-capital-conference-may-2017-7453.html
The presentation slides are available at:
http://www.jkx.co.uk/investor-centre/investor-download-centre.aspx
This announcement contains inside information as defined in EU
Regulation No. 596/2014 and is issued in accordance with the
Company's obligations under Article 17 of that Regulation.
ENDS
JKX Oil & Gas plc +44 (0) 20 7323 4464
Russell Hoare, Chief Financial Officer
Stockdale Securities +44 (0) 20 7601 6100
Robert Finlay, Daniel Harris
EM Communications +44 (0) 20 3709 5711
Stuart Leasor, Jeroen van de Crommenacker
This information is provided by RNS
The company news service from the London Stock Exchange
END
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