The plight of Ukraine-focused explorer JKX shows Kiev still has plenty of work to do if it wants to persuade western oil and gas companies to help develop the country’s abundant shale reserves.
The board of the struggling UK-listed company is bracing itself for its second shareholder revolt in 18 months at the company’s AGM on 30 June.
JKX’s main shareholder – Ukrainian investment fund Eclairs, which holds a 27.47% stake – is proposing to get rid of the current management team and elect its own representative,...
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