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JKX makes progress in Ukraine. (Profile).(may increase stake in Poltava Petroleum )
UK independent oil company JKX, one of only a handful of foreign independents left operating in Ukraine, could be poised to boost its stake in the country's Poltava Petroleum Company (PPC). The move could end a two-year battle with powerful local business groups which have attempted to drive JKX out.
The firm already owns 66.2pc of PPC, which produces oil and gas in the country's Poltava region. The Ukrainian government, which owns the rest of PPC, has offered to sell its stake. The UK company's finance director, Bruce Burrows, tells Argus that JKX is considering the offer.
The UK firm has been active in Ukraine since 1991, but ran up against opposition last …
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Newspaper article from: FSU Energy
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700+ words
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Newspaper article from: FSU Energy
October 3, 2003
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Newspaper article from: FSU Energy
May 30, 2003
700+ words
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Newspaper article from: FSU Energy
November 7, 2003
700+ words
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News wire article from: Europe Intelligence Wire
May 20, 2003
700+ words
