JKX are a growth oil and gas company, principally based in the Ukraine, but also present in several other countries, and have recently presented some excellent results.




JKX corporate website : http://www.jkx.co.uk/index.cfm

Poltava Petroleum : http://www.ppc.net.ua/inf_en.html

Annual report 2005 : Click HERE

This article has been reported in the Business Online today, not sure how much is fact, but it looks as though the Russian - Ukraine gas dispute is not yet over, and, IMO, may have a negative impact on the price tomorrow!

The sticking point seems to be the length of time, (6 months), that the new price is guaranteed for. I can see the Ukraine viewpoint here, Russia has a guaranteed transit price for 5 years, so hopefully they can come to a quick agreement.

I guess we need to wait and see how this develops.

Click HERE for article

Morning all

cheers Andy

while not strictly related worth a read cardinal article

http://www.oilbarrel.com/home.html

regards

hello
jkx on the move this morning up 2% not seen any news yet lots of buys yes Andy maybe with so many brokers rating the share's as a strong buy people are getting the message
Keith

Mes amities / Bonne matins mes amies ! ,,,and what with Shell stumping up an initial $100m to farm into a 50% interest in a number of NAK {a subsidiary of Ukraines state controlled energy company- Naftogaz } licenses/ jv's in the gas rich Dniepr-Donets basin with access to deep potential resavoirs, which partly lie beneath large scale shallower acreage already in production the spectre of " Big Oil " rears its face once again in this region . Both BP and Shell and a plethora of foreign players are rapidly realising that the Ukraine serves not only as the foodbasket of the urban Russias but is equally rich in energy reserves with an abundance of infrastructure geared to oil/ gas transit to both east and West . .. ln short; With constuctive investment it will prove to be one of the globes most productive gas fields/ producers .,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.Malcom Brinded, Shells executive director for exploration and production said " This is a significant move in our strategy to add more integrated gas to our portfolio " ..Need i say more ? . All this begs the question ; Will Shell whose agenda is well known in the city take out a player of the stature of JKX ............................................................................................................. .To add to the good Dr's input which raises a very moot point ; Cardinal Res { CDL } stated that since market inclusion on AIM in summer of 2005 their gas receipts from the Ukranians have risen a tad in excess of 34 % . Same story at JKX , l would have presumed . As for CDL: With acreage spread all over the eastern side of the Dniepr basin at Bilousivsko-Chornukhinska, North Yablunivska , Dubrivska , Ukrgazvydobovunannya and the Rudivsko Chernovozavodske ( a field alone assayed independantly to have in excess of 1.5 t scuffs of gas en situ).... l would advise anyone, especially those who saw the merits of JKX at the pre 40p level and acted accordingly in making a purchase , to add this stock to respective watchlists .This stock which witnessed a single trade on thursday ( 19/1 } of a mere 10,000 yet the Friday saw a volume of in excess of 20 million as a couple of institutions took principal positions . ln addition CDL directors { unlike those at JKX } have opened thier own cheque books and are busily buying thier own shares @the 22-28 level on the open market ..lf things are so rosy at CDL then i could imagine the story at JKX will be very similar . ......But one thing is undisputeable ; Due to a catalogue of reasons,socio- economic, geo-political ,and not least its tiff with the Russias i believe the the results JKX will produce in march will lead to its FTSE 250 inclusion; and even though this milestone was not achieved as a consequence of the sudden hike in the price of gas on the market, the matter will be surely rectified by its corresponding march m/c ante the actual results ...What with sweeter oils such as WTI and L.Red @$68.43c p/b and the HH gas price @ $9.28c per MMBTO and what with current variables such as trouble in Nigeria and lran the price will remain bullish for some time yet . ..........lf you found JKX attractive ; then CDL is a minnow worth casting an eye over . For from little acorns do great oaks grow; and it is about time a thread was initiated for CDL !. .. Bonne chance / a'bientot . @+ J

you can follow a not too busy thread for CDL on ADVN

so far it isnt taken over by the usual mouthy lot who just argue with each other
or
just praise each other like so many on ADVN

hello j
Thanks for the information. JKX look at them go up 5% now wow
keith

British bulls had it as a confirmed sell at 330p on friday.

Amities Roly / ,,l believe you have been seen at various bespoken car dealers eyeing up new Ferraris while waving loadsa money at a bevy of young females ? , ls this true Roly , you cad ,,,lol ? ...............................................................,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.BB have a valid point... Buying vol short of 500k; yet a 8% percentile gain in s/p . Todays trading does not justify this latest gush in JKX . MMS are walking it up .The devious miscreants . See in sats FT about various mms court appearances inc head of market making at Evo ; and there is nothing these sods wont do when they get bored lol ... . l'm not complaining;but even i expected the price to be a little soft today. .The last really significant trade was 600,000 @ 290 odd ...The remainder are nothing of which to take much note yet here we sit on an interday high of 355 Good though as keeps shorters at bay !!!,,, The market is a sea of red except for us oilies !!!! We are here to stay in blue ,,Only thing that bothers me is The FD's selling at a fraction of todays s/p . lt is not as if he was selling in order to buy zillions of cheap options @ 31.25 ... @+ J

as a guess
the sales by the FD may well be due to CGT issues
he is unlikely to be able to sell shortly as within a closed period

(just a guess)

Amities / - A note in mutual diaries > So Wednesday 16th March is results day !!! ,,,l am a little dissappointed actually as when i saw the RNS coming through i was secretly hoping for some news on one front or another reg drilling . @+ J ,,lncidentally anotherxiii i only read MAM in short bursts time allowing But .,,,,,, ADVFN !!! ??? > ..Plenty of posts; but for the most part too much effort in finding anything informative among the utter dross written on that board ...lts stocks that matter; NOT personalities !! Bonne chance !

Jamie,

Your right about the red car, its a VW golf. ps Do you want to sell your TRADER 1 number plate ? or is it JKX 1.

JKX Oil & Gas PLC
23 January 2006


JKX Oil & Gas plc

Notification of Preliminary Results


JKX Oil & Gas plc will be announcing its Preliminary Results for the year ended
31 December 2005 on Wednesday, 15 March 2006.

For further information please contact:

Sofia Rehman / Emma Consett, Cardew Group Tel: 020 7930 0777




This information is provided by RNS
The company news service from the London Stock Exchange

Good Morning
A bright start this morning and a drop it's amazing plenty of buys but goes down

There is a detailed one page (page 60) 'Strong Buy' recommendation on JKX in the Investor's Chronicle this week.

hyleo,

Yes that's an excellent article IMO, and highlights the early potential of JKX, aprticularly if FTSE 250 entry is secured.

However, the article ommited to mention the various exploration projects JKX has currently under review, ie Ukraine, Turkey, Bulgaria, Italy, USA, and offshore Georgia, where they are in a JV with BP amongst others.

I feel the article only told half the story, but I do agree with the "strong buy" recommendation, as I feel we have a long way to go here yet.

This share is proving to be absolutely astounding!!

You can count on VOG...more to come.


Wednesday January 25, 09:05 AM

Victoria Oil takes off on West Med update
LONDON (ShareCast) - AIM-listed Victoria Oil & Gas (LSE: VOG.L - news) says an independent audit of its West Medvezhye project in Western Siberia has indicated reserves of 1.1bn barrels of oil equivalent.
DeGolyer & MacNaughton, independent reserve auditors, have reported prospective recoverable resource volumes at West Med of 5.5 trillion cubic feet of gas, 146m barrels of gas condensate and 25m barrels of oil.

Total prospective recoverable hydrocarbon resource volume for the entire licence block has been put at 1.1 billion barrels of oil equivalent.

These estimated prospective recoverable resources are dependent on successful discovery and development of the prospects evaluated, said Victoria.

Executive director William Kelleher said, "This is truly exciting news. D&M's conclusions independently confirm a significant prospective recoverable resource volume of 5.5 trillion cubic feet of gas and 170m barrels of recoverable liquids for the entire West Medvezhye licence, including the Well 104 discovery."

"We are on target to obtain the well test results from discovery Well 104 in Q1 and Wells 106 and Well 103 in Q2 2006."

and Vog too-well done to holders

Hello everyone
A good day up 8% with results out soon it looks like much more to come am not sure if some drilling news due
Keith

kkeith2000,

My best ever day on the market today, and then some!

JKX were, of course, partly responsible for that, and there could be a few reasons for the sudden rise, or perhaps a combination of all of them?


What are expected (IMO) to be superb results are due in March.

High price of oil and doubling of Ukraine domestic gas prices.

Imminent FTSE 250 entry, possibly institutions are already buying in anticipation?

Takeover rumours within the sector, not necessarily JKX related.


Let's hope the run continues tomorrow, a very strong finish today bodes well perhaps?