JKX Oil & Gas plc reported consolidated earnings and operating results for the year ended of December 31, 2016. For the period, the company reported revenue of $73,848,000 compared to $88,535,000 a year ago. Loss from operations before exceptional items was $3,930,000 compared to $10,681,000 a year ago. Loss from operations after exceptional items was $34,754,000 compared to $75,578,000 a year ago. Loss before tax was $38,153,000 compared to $82,710,000 a year ago. Loss for the year attributable to equity shareholders of the parent company was $37,115,000 compared to $81,463,000 a year ago. Basic and diluted loss per share before exceptional items was 4.34 cents against of 14.97 cents a year ago. Basic and diluted loss per share after exceptional items was 21.56 cents against of 47.32 cents a year ago. Net cash generated from operating activities was $14,636,000 compared to $9,061,000 a year ago. Purchase of intangible assets was $90,000 compared to $612,000 a year ago. Purchase of property, plant and equipment was $7,366,000 compared to $5,630,000 a year ago. Net debt was $2.5 million against of $8.1 million a year ago. Capital expenditures were $5.6 million against of $8.7 million in 2015.

For the full year, the company's average production increased 12% to 10,083 boepd against of 8,996 boepd in 2015.