JKX sees $13.8 mln in loss in H1 2015

10:44, 30.07.2015 1 min read

JKX Oil&Gas Plc with assets in Ukraine saw $13.787 million of loss in January-June 2015 compared to $8.515 million of profit year-over-year, the company said on the London Stock Exchange (LSE).

The company said that its revenue over the period fell by 40.3% or $29.912 million, to $44.38 million.

Production taxes grew by 18%, to $20.8 million.

Average production fell by 15% or 1.515 barrels of oil equivalent (boepd), to 8,611 boepd.

JKX Oil & Gas owns Poltava Petroleum Company in Ukraine. The company's largest stockholders are Ihor Kolomoisky and Hennadiy Boholiubov's Eclairs Group with a 27.5% stake in JKX, and Oleksandr Zhukov's Glengary Overseas Ltd, with 11.45%.