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INTERIM MANAGEMENT STATEMENT
13 November 2008
 

 

 

                                                             Q3                    Q3            Change

                                                             2008                2007

 

Production (boepd)                           10,978             12,787            [14%]

Oil Production (bopd)                          3,588               5,669            [37%]

Gas Production (MMcfd)                     44.3                  42.7                4%

 

Realised oil price ($ per barrel)        104.56              61.06             71%

 

Realised gas price ($ per Mcf)             5.94               3.97              50%

JKX made significant steps towards achieving its 2008 key objectives in the third quarter; most notably with the booking of an 11 million boe increase in proved and probable reserves in Ukraine and pre-commissioning activities for tie-in to the 56 inch Soyuz trunk line. Commissioning of the tie-in was completed in November with the commencement of operational gas delivery.

For further details please open the attachment.

INTERIM MANAGEMENT STATEMENT




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