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Report for the first half 2021 of the JV PPC operation

July 19, London – JKX Oil & Gas, the parent company of JV Poltava Petroleum Company (hereinafter referred to as JV PPC), has published its 6 months 2021 results on the London Stock Exchange.

The production volumes of natural gas by JV PPC for 6 months of 2021 amounted to 93,997 thousand m³, oil and condensate – 20,700 tons.

According to the JKX report, JV PPC’s hydrocarbon production growth for the second quarter of 2021 increased by 7% in line with the first quarter of 2021.

In May 2021, drilling a new well No. 149 was completed at the Ignatovskoye field. During testing, the initial flow rates of oil 135.3 t / day and natural gas 106.6 thousand m3 / day were obtained at the 11 mm choke. In June 2021, well No. 21 was restored and put into operation at the Ignatovskoye field.

In addition, it is reported that in Ukraine from January to July, prices for hydrocarbons improved significantly compared to the same period in 2020, in particular, the price of natural gas increased by 77% and the price of oil and gas condensate increased by 58%.


JKX Oil & Gas plc is a publicly traded company that has been listed on the London Stock Exchange since 1995 and is managed by the Board of Directors. The CEO of JV PPC and JKX Oil & Gas plc is Victor Gladun, who has been heading the company since 2016.
The scope of the Group’s companies is the prospecting, exploration, production and treatment of gas and oil. JKX Oil & Gas plc owns assets in Hungary, Ukraine and Russia