Koshekhablskoye

I want to update you on the status of the Court proceedings initiated by Eclairs Limited and Glengary Overseas Limited and their nominees against your Company and also to give you a JKX progress report as we approach the end of the year. Permission to Appeal Granted The Court of …

·      Completion of Gas Plant at the Koshekhablskoye field in Russia and initiation of gas sales ·     Award of 170.7 sq km Giorgievskoye exploration licence in Adygea, southern Russia ·     Successful exploration well Z-04 in the Zaplavskoye exploration licence in Poltava, Ukraine ·     Commencement of production from the Elizavetovskoye licence in Poltava, …