JKX Oil & Gas Ltd - Company Profile
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JKX Oil & Gas Ltd (JKX), formerly JKX Oil & Gas plc, explores, appraises, develops, and produces oil and gas in Ukraine, Russia, and Hungary. Operational capabilities of Ukraine operation, exploration and production activities in Hungary and reserve replacement are the major strengths of the company, even as private ownership restricts ability to raise funds remains an area for concern. Global demand for oil, global demand for natural gas and growth initiatives could provide new growth opportunities to the company. However, exploration production and development risks, fluctuating oil and gas prices, and market competition could affect its operations.
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