JKX Oil & Gas plc (JKX) is pleased to provide details of Stages 4 to 7 of the well R-103 frac and advise that the number of planned stages has now increased from nine to ten. Each stage covers approximately 100m of the sub-horizontal 1,000m reservoir section. Work has now started on the final Stages 8 to10 of the programme.

JKX's Chief Executive, Dr Paul Davies, commented: "The last four stages have proved to be more challenging but the results continue to be encouraging. Stage 4 was our largest frac of the operation and Stages 6 and 7, despite placing smaller volumes of proppant, appear to have also been effective. The additional equipment needed to handle the higher pressures has added to the time needed to complete each stage. I look forward to reporting progress on the final three stages of the programme soon."

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