TIDMJKX

RNS Number : 0965S

JKX Oil & Gas PLC

07 March 2019

LEI: 213800AS2I1XUAGQ6F27

7 March 2019

JKX Oil & Gas plc ("JKX" or the "Company")

Update on Well 5 sidetrack in Russia

The Well 5 sidetrack was successfully drilled to a total depth of 5,204m. Gas shows during drilling and results of the log analysis indicate a net pay thickness of 21m which is as anticipated. However, during a scraper run the drill pipe parted leaving 1,119m of fish in the well. Only 147m of the fish has been able to be recovered to date and the workover is suspended pending inspection of the drill pipe.

ENDS

   EM Communications                          +44 (0) 20 7002 7860

Stuart Leasor, Jeroen van de Crommenacker

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March 07, 2019 02:00 ET (07:00 GMT)

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