Ukraine, Russia gas operations to continue

London - London-listed oil and gas producer JKX Oil & Gas said operations continued without disruption in Ukraine and Russia, where the company has its primary production assets.

JKX said it expected gas realisations to remain stable in Ukraine and to rise in Russia.

Profit from operations after exceptional items jumped to $9.2m for the year ended December 31 from $5.8m a year earlier.

Revenue fell about 11% to $180.7m.

Average production increased 18% to 9 731 barrels of oil equivalent per day.