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JKX Oil Says Probe In Ukrainian Unit Did Not Conclude Wrongdoing

1st May 2018 18:19

LONDON (Alliance News) - JKX Oil & Gas PLC said Tuesday that KPMG's investigation into the company's Ukrainian subsidiary relating to the appointment and payment of legal advisers has now finished without reaching conclusions of wrongdoing.

The oil explorer added that probe, however, identified a number of procedural failings and the company is now considering how to address it.

Shares in JKX Oil closed at 27.00 pence, up 10%.


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JKX.L
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