Ukrainian MP buys into JKX Oil and Gas
London-listed oil firm JKX said today that a company incorporated in Grand Cayman and owned by a Ukrainian politician has bought 19.97% of the firm.
London-listed oil firm JKX said today that a company incorporated in Grand Cayman and owned by a Ukrainian politician has bought 19.97% of the firm.
Russian and Ukraine focused JKX Oil & Gas has hired Ben Fraser as its new chief financial officer.
Oil firm JKX has won its case against Ukraine - the latest in a string of run-ins.
JKX Oil & Gas has endured two major leadership shake-ups in 18 months.
Ukraine's Ministry of Justice is taking JKX Oil and Gas to the High Court of the UK in a bid to overturn an award in favour of the company.
JKX today slammed what it dubbed an "unfounded" police raid.
JKX Oil & Gas has confirmed a repurchase by the company of $1.4million in outstanding convertible bonds.
JKX Oil and Gas has appointed Alan Bigman and Bernie Sucher to its board.
JKX Oil and Gas said restriction notices issued by the company against Eclairs Group and Glengary Overseas Limited have been lifted. A notice had been submitted to court in the UK by the companies after they were restricted from attending an annual general meeting.
JKX has blocked a pair of companies from attending or voting at is general meeting.
JKX Oil & Gas has been granted a further three licences in Hungary. The company said they will be three 35-year production licences covering an additional area of 124sq km within its original Hernad I and II exploration licence areas.