JKX, with the majority shareholders Ihor Kolomoyskyi and Nikolay Bogolyubov, has completed the process of re-registration into a private British company, JKX Oil&Gas LTD, announced the new subsidiary JKX, an offshoot of a Poltava gas and oil company. “JKX will continue to develop its business in the form of a private British company with a corporate form of management and the retention of the Board of Directors. The main direction of JKX is the development of the Ukrainian asset – the joint venture Poltava Petroleum Company” said Victor Gladun, CEO of JKX Oil & Gas LTD.