We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Jkx Oil & Gas Plc | LSE:JKX | London | Ordinary Share | GB0004697420 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 41.50 | 39.50 | 42.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMJKX
RNS Number : 8075B
JKX Oil & Gas PLC
15 January 2018
15 January 2018
JKX Oil & Gas plc ('JKX' or the 'Company')
Successful completion of well workover in Ukraine
JKX announces that Poltava Petroleum Company ("PPC"), its wholly owned subsidiary in Ukraine, successfully completed the workover of well IG101Z in December 2017. The well was side tracked with an open hole at a depth of 2,392-2,445 m. This was the first drilling operation conducted by PPC since 2015.
The well was kicked off with nitrogen and opened to the EPF at a choke size of 40/64". The initial flow rate was 8.6 MMscf/d of gas and 365 b/d of condensate and FWHP of 1615 psig. Following the initial reservoir pressure survey multi-rate tests on 20/64", 25/64", 32/64", 36/64" choke were performed to provide reservoir data for IPR model validation, reservoir dynamic properties, and depletion optimization.
After multi-rate tests the well was flowing at a choke size of 25/64 ". The average well production rate was 3.4 MMscf/d of gas and 94 b/d of condensate. Production optimization led to the choke at IG101 being reduced to 20/64" from 5 January 2018. The current well production rate on 20/64" choke is 2.1 MMscf/d of gas and 55 bpd of condensate with a FWHP of 1470 psig.
Commenting on the announcement, Victor Gladun, JKX's acting CEO, said, "The initial results from this well have met our expectations, providing a good start for our 2017-2018 well sidetrack program."
For further information please contact EM:
Stuart Leasor
leasor@em-comms.com
T: +44 20 3709 5711
M: +44 7703 537721
Jeroen van de Crommenacker
crommenacker@em-comms.com
T: +44 20 3709 5713
M: +44 7887 946719
This information is provided by RNS
The company news service from the London Stock Exchange
END
DRLBIGDBBGBBGIS
(END) Dow Jones Newswires
January 15, 2018 02:00 ET (07:00 GMT)
1 Year Jkx Oil & Gas Chart |
1 Month Jkx Oil & Gas Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions