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JKX Oil & Gas: Poltava Well Flows at 1,050 boepd

JKX Oil & Gas: Poltava Well Flows at 1,050 boepd

8 August 2008

JKX Oil & Gas (JKX LN), a junior E&P company with major operations in Ukraine, announced that it has completed and tested the I128 well on the Ignatovskoye field. The flow stabilized at an average daily rate of 1,000 bbl of oil and 0.3 MMcf, adding around 21% to JKX’s daily liquids flow and approximately 9% to total daily production.

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