KIEV, Aug. 8 – Britain's JKX Oil & Gas plc has launched a new oil and gas well at the Ihnatovske field in Poltava region, the company reported Wednesday.

The company said that the well flowed at a stabilized rate of 1,000 barrels of oil and 0.3 million cubic feet of gas per day.

The company also said that now the company moved to the west central part of the Ihnatovske Field, and is currently drilling another well, which is scheduled for completion this month.