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

JKX- worth a look today?

STILL GOING DOWN

JKX is in danger from Russia...



Ukraine fears being next on Russia's hit list

Rival groups of Russian and Ukrainian demonstrators hurled insults at each other to a background of cannon fire as the Russian navys Mirage sailed into Sebastopol on Ukraines Crimean peninsula last week.

The celebratory gunfire could become all too real if fears are realised that Russia may repeat its incursion into Georgia and turn Ukraine into the next Caucasian flashpoint.

Crimea has a Russian majority population and, because of its strategic importance, Moscow deeply resented its loss at the time of the break-up of the Soviet Union.

Mirage, a guided missile corvette, returned on Friday morning to the home port of the Russian Black Sea fleet after seeing action against Georgias port of Poti, where it shelled Georgian defences and landed troops who occupied the city.

Many of the Russians waiting to greet Mirage belonged to a political party called the Russian Bloc, whose leader in Crimea, Vladimir Tyunin, said: We say categorically that Crimea should and certainly will become part of Russia.

He claimed that the Ukrainian government was trying to force native Russian-speakers to speak Ukrainian, showing only films and television programmes dubbed in Ukrainian and forcing Russians to assimilate their culture.

While Tyunin maintained that Russian annexation of Crimea would be peaceful, some of his supporters were more outspoken. One young woman said: This is Russia. We want nothing to do with Ukraine. The Ukrainians oppress our people. They are totali-tarians and fascists who take orders from America.

Her remarks were greeted with approval by others, who aired a ferocious litany of charges and threats against Ukraine. With a million Russians in Crimea, outnumbering native Ukrainians and Crimean Tatars, local loyalties are often to Moscow rather than Kiev and the presence of the base serves only to reinforce the Russian claim.

Many Crimean flags, that differ only slightly from the Russian one, fly on the streets, not only in Sebastopol but also in most other Crimean towns.

Taking part in a rival pro-Ukrainian demonstration, opposing the return of the Mirage, was Oleh Fomushkin, a former colonel in the Soviet army and now a community activist.

Moscow and its intelligence services have been active here for 17 years while the Ukrainian authorities slept or were too timid to act, he said. Theyve demonstrated their aggression in Georgia and they wont hesitate to use violence to get hold of Crimea.

Tension in Crimea has risen because of the public support for Georgia of Viktor Yushchenko, the Ukrainian president. Russia accused Ukraine of supplying weapons to Georgia and Yushchenko enraged the Kremlin by ordering restrictions on the future movements of the Russian fleet in Ukrainian waters.

The Black Sea fleet facilities are leased from Ukraine until 2017 but Ukraine, which wants to join Nato and the European Union, says it will not renew the lease. Moscow has made clear it is determined to stay.

bit of a silly remark hyleo!

crimea may be in danger from russia.......but crimea was given to ukraine from old soviet union in past.......very east of ukraine is more akin to russia......west part of ukraine wants to be part of west.

jkx is in different parts of country and i think are in areas where they want to be part of west...in which case they will be ok.....i think u need to read up on your history books hyleo

Chaps...wish you'd talk about the stock itself a bit....and whether it is on the turnaround now !.

Our scottish genius can't even differentiates the east from the west.
JKX operates Poltava which is in the EAST of Ukraine.

I think you need to go back to elementary school.

i dont about jkx......i just saw your post saying jkx in danger from russia......in any event its crimea that russia post immediate danger

no way would i go back to school these days with the thuggish yobs we have in this country

am not sure the picture is quite as serious, at the moment, as our scottish friend suggests, on the other hand I'm certain its not as clear as Hylo hopes

IMO its not likely that one of the majors will take a risk in Ukraine at the moment. they have both (BP and Shell) being badly screwed in Russia despite the writing being on the wall for some time
(Shell suffered but it didnt stop BP thinking itself to important/big to suffer the same fate..but it has!)

so a UK takeover not on the cards!
just my opinion.

Worth a look today..?

IC tip today !.

A broker tipped them with 600p target.

IC tip is the kiss of death, req field....in case u aint had misfortune of looking at their crappy mag for many years.

Ukraine's pro-western government on the brink of collapse.


KIEV (Thomson Financial) - The party of Ukrainian President Viktor Yushchenko decided to quit the pro-Western governing coalition on Wednesday, plunging Ukraine into a new political crisis as relations with Russia worsened.

Leaders of Yushchenko's Our Ukraine party were due to announce their decision officially to parliament at around 0700 GMT and were expected to hold talks with the president starting from 0900 GMT.

The decision would come into force in 10 days if maintained. It was approved by a narrow majority of 39 out of the party's 72 deputies in the parliament, Ukrainian media reported, citing officials.

The move came in response to the adoption on Tuesday of a series of laws that would weaken the powers of the president, laws initiated by the pro-Russian opposition in league with the Tymoshenko Bloc.

The Tymoshenko Bloc is headed by Prime Minister Yulia Tymoshenko, who is sharply at odds with the president, despite broadly sharing his pro-Western political goals.

Yushchenko has accused Tymoshenko of 'high treason and political corruption' for allegedly siding with Moscow over the conflict in Georgia last month, a charge she has denied.

If the pro-Western allies Our Ukraine and Tymoshenko Bloc do not get back together and the decision to split comes into effect, members of parliament would have a further 30 days to form another coalition government.

The president would have the right to dissolve parliament if talks failed.

not sure what link is between gov and jkx........its like uk gov making ar arse of things in economy and being taxed to the hilt for very poor services.

that tymoshenko lady is one sexy little minx

JKX which is operating in Ukraine will be very risky now with its political instabilities. Think this will go below 300p.

ukraine is also 3rd poorest nation in europe......its funny what a year or 2 does to a share cos of politics and nothing to do with the company.......iraq probably seems a safer bet now compaed to anything around where communist russia is

Is Russia still communist ?

NO BUT THEY SHOULD BE IN NATO. LIKE THEY ARE IN CHELSEA

russia is more or less communist......ok, its totalitarian.

putin is a megolomaniac......and dont believe that medvedev is in charge.

anromovich and alk the russian gangsters and mafia should be kicked out of country and all other foreign gangsters that run big football clubs in england......take their assets and kick them out!!

no way should russia be in nato or g8..........mr.mccain hopefully will get in as he said he will be hardlined on russia......hopefully he will bomb them and shut them up.....russians dont like softness which is what europe is so we need usa to stand up to them.

chelsea r a joke .......nothing but mafia blood money