Yes, Mail says, as part of its stockmarket report,
"JKX Oil and Gas which produces and sells the majority of its oil and gas in the (sic) Ukraine gushed 9.5p to 295p. Secretive Russian investor Glengary Overseas sits on 17.2% and could bid at any time."
Great! Although I think, from memory, that Glengary actually hold about 26.2% of JKX, after buying out Benams stake. I just hope that JKX don't go too cheap. 655p would do me.
A Russian bid for JKX, which now produces about 5% of Ukraines oil and gas, would fit in with Russia buying up energy assets generally in its near abroad, including regional Ukrainian energy distribution companies and its attempts to get its hands on the gas pipeline system in Belarus.
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