Thursday, August 14
Hot Stocks: Ukrainian oil and gas
Thursday, January 3, 2019
Hot Stocks: Ukrainian oil and gas. In London on Monday, Regal Petroleum (RPT LN) surged 10%, making for a 23% gain since Dec. 26, and reaching its highest price since April 2010. Similarly, JKX Oil & Gas (JKX LN) climbed 13% since Friday. In the background, Ukraine’s natural gas production is stagnant, increasing by 0.3% in 2018, to 21 billion cubic meters. With a possible Russian gas cutoff looming in the early 2020s, Ukraine launches in the first half of this year a series of electronic tenders for production sharing agreements and exploration and production permits.
