JKX in 2004

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XenaWarriorPrincess - Thu, 01 Jan 04 :

Yes - great find TTG. Good to see some fleshing out of the bones of what we suspect is going on. With 3, 4, 5 new wells, maybe they will be exceeding their own projected production.

Interesting set of reports in "The Times" yesterday.

Kuchma getting the right to run for a third term in a couple of months, if he wants to. Kuchma is good for JKX, but deeply unpopular in Ukraine (supposedly 10% support), recuperating for a month in Baden-Baden at the moment, following an operation. Possibility of political unrest if he does run, especially if it is suspected he may "steal" the election. Maybe this will cause short term uncertainty for JKX.

Also on Georgia where Schevadnadse (I know I've not spelt that right) was deposed in a velvet revolution following rigged elections in November 2003, the prospective new leader Saakashvili (a US educated lawyer), who is likely to win new elections says Georigia will have to accommodate Russia but regards its true architect and guarantor of its independence as the US.


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