The Poltava Petroleum Company (PPC) is a wholly-owned subsidiary of JKX and is the largest non-state producer of oil and gas in Ukraine. Established in 1994, PPC initially focused its efforts on four fields located within the Novo-Nikolaevskoye complex located in the Poltava region of Ukraine. Production of commercial quantities of oil and gas began in 1995.

Since that time JKX has added two additional exploration licences to the portfolio, Elizavetovskoye and Chevonoyarske East.

Summary of Ukraine reserves