StockMarketWire.com - JKX Oil & Gas [LON:JKX] says the police investigation into its Ukrainian subsidiary, Poltava Petroleum Company, which started on 14 June, is continuing. Since the initial visit the local police have continued to request additional documentary information, most recently on 11 July.

PPC is continuing to cooperate fully with the authorities and believes that it is in full legal compliance with the matters outlined in the police requests and that this action is completely unjustified.

The company says it is considering taking further legal action.

No disruption to the business has occurred as a result of this action.

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The sector's biggest risers were Hydrodec Group [LON:HYR] and Aminex [LON:AEX] - up by 15.6% and more than 12.9% respectively in late trading. The biggest fallers were Northern Petroleum [LON:NOP] and Sterling Energy [LON:SEY] - down by more than 6.3% and over 5.8% respectively.


At 4:15pm:

[LON:AEX] Aminex PLC share price was +0.18p at 1.53p

[LON:AUR] Aurum Mining PLC share price was 0p at 1p

[LON:BOR] Borders Southern Petroleum PLC share price was +0.01p at 1.88p

[LON:CHAR] Chariot Oil Gas Ltd share price was +0.51p at 6.13p

[LON:ENQ] EnQuest Plc share price was -0.12p at 29.88p

[LON:GKP] Gulf Keystone Petroleum share price was +0.24p at 4.8p

[LON:GPX] Gulfsands Petroleum PLC share price was 0p at 3.13p

[LON:HYR] Hydrodec Group PLC share price was +0.43p at 3.15p

[LON:INDI] Indus Gas Ltd share price was +2.5p at 222.5p

[LON:JKX] JKX Oil Gas PLC share price was +0.5p at 19p

[LON:NOP] Northern Petroleum PLC share price was -0.22p at 3.26p

[LON:PET] Petrel Resources PLC share price was -0.13p at 6.88p

[LON:RKH] Rockhopper Exploration PLC share price was 0p at 33p

[LON:RPT] Regal Petroleum PLC share price was -0.01p at 3.87p

[LON:SEY] Sterling Energy PLC share price was -0.87p at 14.13p

[LON:XEL] Xcite Energy Ltd share price was -0.3p at 7.78p



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