OREANDA-NEWS. On 19 August 2009 was announced in a press release, that JKX Oil & Gas (JKX LN) has commenced commercial gas production at the Hajdunanas field in Northeast Hungary. The first well at the field came onstream at an initial rate of 3.5 MMcfd and the second well is expected to come onstream within a month's time. JKX expects the two wells to produce about 8.5 MMcfd. The Hajdunanas field is the first development in the Hernad licenses (50% held by JKX) that cover a total of 5,420 km2.

Concorde Capital is a full service investment bank operating on the Ukrainian, Russian and CIS markets. In 2007 Concorde Capital’s analytical team was recognized as the Top Team covering Ukraine by Thomson Extel's Pan European Survey. Senior Analyst Alexander Paraschiy was recognized as the Leading Pan-European Investment Analyst – European Emerging Markets. Concorde Capital is a leader when it comes to private placements and M&A deals. Concorde Capital’s sale of a stake in Electron Bank to Volksbank International AG was named the Best Ukrainian M&A deal of the year 2007 by the Adam Smith Institute.