History

1995

The parent company of the Group, JKX Oil & Gas, is established as a limited liability company.

JKX Oil & Gas Ltd successfully goes public with an IPO on the London Stock Exchange.

The Group’s primary subsidiary, JV Poltava Petroleum Company (JV PPC), begins commercial field development in Ukraine.

2003

JV PPC becomes the first private company in Ukraine to export gas to Europe. 

2012

 JKX Oil & Gas Group commences hydrocarbon production in Russia.

2021

The JKX Oil & Gas Group’s Board of Directors initiates the process of selling existing Russian assets.

2022

JKX Oil & Gas Group loses control over its Russian assets due to international sanctions in response to Russia’s full-scale invasion of Ukraine.

JKX Oil & Gas Ltd, the parent company of the Group, delists itself and becomes a private limited liability company.

2023

The major JKX shareholder, Eclairs Group Limited (EGL), is struck off the register and dissolved under BVI Law. As a result, shares previously owned by Mr Ihor Kolomoiskyi via EGL vest in the Crown.

2024

To enhance the company’s flexibility amid the war in Ukraine and associated risks, JKX Oil & Gas Ltd consolidates its shares, reducing the number of shareholders to five. 

The Group’s former Russian subsidiaries are nationalised. 

JV PPC launches a large-scale 3D seismic survey of its fields with the aim of increasing their potential.