Our History

1995-1998

1998	JKX achieves first export of its Ukrainian oil production
1997	JKX successfully raises £14.2m in a rights issue
1996	JKX signs and draws down an $8m loan from the European Bank for Reconstruction and Development
1995	JKX commences commercial production of oil & gas from Poltava, Ukraine JKX successfully floats on the London Stock Exchange raising £41m

1999-2002

2002	Declaration of JKX's maiden dividend of 0.5p per share 66.2% shareholding in Ukrainian subsidiary, PPC, secured in Ukrainian courts followed by recommencement of drilling activity in PPC
2001	JKX expands its licence interests to USA (Oklahoma and east Texas)
2000	JKX concludes an agreement for Anadarko to farm-in to JKX's West Georgia Offshore Licence
1999	The Company posts its first annual profit

2003-2006

2006	Average daily production at 11,146 boepd Government approval received to tie-in PPC production facilities to Soyuz pipeline which delivers gas from Ukraine into western Europe
2005	PPC awarded Chernovoyarske East exploration licence in Ukraine JKX completes a year of record cash flow, turnover and profits JKX expands its interests to include Turkey and Bulgaria
2004	PPC awarded Elizavetovskoye exploration licence in Ukraine Re-entry of Well R12 on Rudenkovskoye Field in Ukraine results in PPC for the first time actively working on all four of its production licences Civita gas discovery in Italy
2003	PPC reserves upgraded by 7 MMboe JKX acquires 100% ownership of PPC PPC successfully achieves its first gas export from Ukraine

2007-2010

2010	Increased Group capital investment to $178.5m of which $107.8m was in our Russian development project Completed and tested horizontal well R-103 at Rudenkovskoye in Ukraine Exploration wells drilled in Hungary and Bulgaria
2009	$61m raised through share placing Completed workovers at our Koshehkhablskoye field in Russia, increasing 2P reserves to 44.8MMboe Installed Hungarian production facilities with a tie-in to an export pipeline
2008	Commissioning of the Soyuz pipeline tie-in to our producing Poltava fields removing any capacity constraint to delivery of our gas from those fields Completed 3D seismic over the Koshekhablskoye field increasing Russian 2P reserves to 41.2MMboe Farmed-in to three exploration licences in Slovakia
2007	Acquisition of 100% of Yuzhgazenergie (YGE), our Russian subsidiary, which holds the licence to redevelop the Koshekhablskoye gas field Farm into two exploration licences in Hungary (Hernad I and II) (JKX holding 50%) Average daily production in Ukraine of 12,579 boepd

2011-2014

2011

Completed construction of our state-of-the-art Gas Processing Facility (GPF) at our Koshekhablskoye field in Russia
Increased reserves at our Koshekhablskoye field have increased 2P reserves to 61.2 MMboe contributing to an increase in Group reserves to 90.7MMboe
Liquefied Petroleum Gas (LPG) sales commenced from our GPF in Poltava, Ukraine

Our Board

Meet the board governing JKX

Our People

Meet the people working at JKX

CSR Case Studies

JKX