JKX Oil & Gas plc reported interim management statement for the first quarter ended March 31, 2013. For the quarter, the company reported production of 6,844 boepd against 7,330 boepd a year ago. Gas production was 32.6 MMcfd compared to 33.6 MMcfd a year ago. Oil production was 1,417 bopd compared to 1,725 bopd a year ago. For the period April 2013, the company reported production of 11,713 boepd, gas production was 62.7 MMcfd and oil production was 1,264 bopd. The company anticipated average production in the second quarter to be in excess of 11,000 boepd.

JKX Oil & Gas plc is seeking acquisitions in Europe. JKX Oil & Gas remains committed to eastern and central Europe as the focus of its activities, not only in terms of on-going operations and development but also as the preferred area for potential expansion and acquisitions.

JKX Oil & Gas plc reported audited consolidated earnings and production results for the year ended December 31, 2012. For the year, the company’s revenue was lower at $202.9 million against $236.9 million a year ago, reflected both reduced overall production and lower gas realisations currently achievable in the Russia market. Operating profit before exceptional charges declined 37% to $51.6 million against $82.0 million a year ago. Revenue also impacted cash generated from operations which reduced to $109.3 million against $82.0 million a year ago. Excluding the exceptional items the result for the year would have been $24.7 million against $59.1 million a year ago.  Profit before tax was $1.621 million against $82.077 million a year ago. Loss for the year attributable to owners of the parent was $11.335 million against profit for the year attributable to owners of the parent of $59.137 million a year ago. Diluted earnings per ordinary share before exceptional items were 14.25 cents against 34.22 cents a year ago. Diluted loss per ordinary share after exceptional items was 6.59 cents against diluted earnings per ordinary share after exceptional items of 34.22 cents a year ago. Net cash generated from operating activities was $78.505 million against $98.997 million a year ago. Purchase of intangible assets was $3.805 million against $12.836 million a year ago. Purchase of property, plant and equipment was $66.687 million against $149.873 million a year ago. For the year, the company’s average oil and gas production by 8% to 8,281 boepd against 9,045 boepd a year ago, with slower than anticipated ramp-up of production in Russia failing to offset the predicted decline in production from the company's mature Ukrainian fields.