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

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?

A brief synopsis of an article by fat prophets.


JKX was tipped again today by Fat Prophets:-

"JKX Oil & Gas has been a standout performer over the last few years. The group has experienced significant success in the Ukraine, where up until a year ago operations were predominately based. However we are encouraged by the company now diversifying into other regions. More recently interests in Turkey have been added. With oil recently heading back above US$65 a barrel we remain steadfast in the belief that higher energy prices will offer the industry support throughout 2006. In such an environment, JKX's active exploration and development program will be well rewarded in our opinion.

In October JKX announced that it had farmed into two onshore exploration licenses with Aladdin Middle East. The licenses cover 897 square kilometres in the Thrace region of western Turkey. JKX will earn a 25 percent interest, with the first well potentially being drilled in 2007. We are heartened that management remains committed to diversifying reserves and future production. This strategy will de-risk and enhance future earnings in our opinion. In the meantime robust production at Poltova in the Ukraine should continue to underpin earnings in the year ahead. Meanwhile JKX's exploration programme in Italy and Bulgaria is also advancing.

We continue to believe that oil prices will remain stubbornly high for years to come. The tightness of global supply is reinforced by the reaction of oil prices to security concerns in Iran and Nigeria last week. JKX will also benefit from rising gas prices in Ukraine as well. On January 1 Russia suspended gas supplies to the Ukraine, demanding that 'European' prices be paid. To resolve the dispute prices were renegotiated, which has resulted in a general uplift in the cost of gas across the Ukraine. With energy prices rising while production and reserves are increasing, the outlook for earnings growth at JKX is robust. Yet the company's valuation remains far from excessive at around 11 times 2006 earnings.

Hi Andy
More exploration licensing news...great


JKX Oil & Gas PLC
27 January 2006



FOR IMMEDIATE RELEASE 27 JANUARY 2006

JKX OIL & GAS plc

ANNOUNCES

ACQUISITION OF NEW EXPLORATION LICENSE, ONSHORE UKRAINE

JKX Oil & Gas plc ('JKX') announces that it has been awarded the Chervonoyarske
East exploration license, onshore Ukraine, by the State Committee of Ecology and
Mineral Resources of Ukraine. The license covers an area of 5.5 sq km and is
located approximately 75 km from the Company's existing production facilities.
The license is valid for a period of five years for exploration and test
production, following which the Company has the priority right to apply for a
twenty-year production license.

The Chervonoyarske East license was acquired following an open auction held on
the 26 December 2005 by the Ministry of Environmental Protection of Ukraine. The
auction was the first of its kind in Ukraine.

The Chervonoyarske East license is in the Kharkiv Region and is located on the
northern margin of the Dnieper Donets basin, adjacent to the Chervonoyarske
Field which produces gas condensate from the late Carboniferous sands. The data
package purchased with the license includes 110 km of 2-D seismic data and data
on the six wells drilled on the license to date; two of the wells produced
hydrocarbons under test. The Company intends initially to reprocess the existing
seismic data and shoot additional 2-D seismic to complete the data set. This
will form the basis of the forward work programme.

JKX Oil & Gas plc is an oil and gas exploration and production company listed on
the London Stock Exchange. The company has license interests in Ukraine,
Georgia, Italy, Bulgaria, Turkey, Russia and the United States.

Amities / { aside } ... JKX release an update on opps and adds 0.2% with a plethora of sells yet CDL who also have acreage in this VERY same part of the Donets basin of the Ukraine witness not only a tenfold increase in volume of trades; but also a hike of 10% in s/p . Thre were two trades on the day i bought CDL last week . Today there are 4 pages of transactions - and many for millions ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, . Can anyone tell me if CDL has been reckied in that IC rag or the like ?...Hope not .Lemmings .. Little wonder the CEO was buying last week . Methinks l have found another candidate for a ten bagger in CDL... ,,,,,,,According to my calcs CDL is worth between 42p and 45p now ! .......@+ J....As for JKX- l never doubted it even when i bought for buttons. when every asset was factored into s/p ... Never doubted it during the "Orange revolution " . lt was NEVER a share you had to keep a constant minute by minute eye on it lest it bombed . Never . Now he good times are nigh The sky is the limit .... Be a 20 bagger before i make a move for the exits !!! Bonne chance ,,et n'oubliez pas;,Mefiez-vous des apparences...... a'bientot ...@+J

TFC,

Interesting PDF on ther Ukranian oil and gas market.

http://www.fox-davies.com/FDC_Ukraine_Report.pdf

TFC,

Why not start a CDL thread?, there isn't one on MAM!

I for one would be interested in finding out more, JKX has done very well for me, and I feel happy about owning stocks in companies located in the Ukraine.

Andy

Thanks for the PDF will read with interest.

Regards

Amities / Salut Andy ! ..Thank you for the comprehensive and thorough article reg Ukraine . l personally have a number of Ukranian stocks- mostly energy related; but one outside that sector i would strongly advise you to cast an eye over is Food retailers- UKP ...Puts the growth rate of Tescos to shame . ......Bonne chance mon ami ! Faires attention ,,,a/b @+ J

TFC,

Pleasure, I picked the link up on another BB.

UKP?

Which market please?