JKX Oil & Gas plc (LSE:JKX) has put up for sale 100% of Yuzhgazenergie LLC (Russia). This is indicated in a statement by the company on the website of the London Stock Exchange, Ukrainian News Agency reports. "The company previously announced its intention to focus its portfolio on the most promising opportunities. After an additional review, the board decided that the company will get rid of one remaining non-core asset, namely, a 100% stake in its Russian subsidiary Yuzhgazenergy. The company is now actively looking for buyers," the statement says. It is noted that proceeds from the sale of this non-core asset will be used to finance current activities and possible further acquisitions in Ukraine.