REG - Enwell Energy PLC - Shut down of field operations

Enwell EnergyAnnouncement

24/02/2022 17:00

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RNS Number : 7711C  Enwell Energy PLC  24 February 2022

24 February 2022

 

Enwell Energy plc
("Enwell" or the "Company")

 

Shut Down of Field Operations Due to Military Activity

 

Enwell Energy plc (AIM: ENW), the AIM-quoted oil and gas exploration and
production group, advises that in light of Russian military activity in
north-eastern and eastern Ukraine, it has shut-in and made safe its production
and drilling operations at its Mekhediviska-Golotvshinska (MEX-GOL),
Svyrydivske (SV) and Vasyschevskoye (VAS) gas and condensate fields and
Svystunivsko-Chervonolutskyi (SC) exploration licence.

 

The Company is taking all measures available to protect and safeguard its
personnel and business, and has implemented its emergency response measures
following the military action taken by Russia against Ukraine. The safety and
wellbeing of its personnel and contractors is paramount and the Company will
continue to take all possible steps to ensure their safety.

 

Further announcements will be provided as appropriate.

 

This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014, which forms part of United Kingdom domestic law by
virtue of the European Union (Withdrawal) Act 2018, as amended.

 

 

For further information, please contact:

 

 Enwell Energy plc                                 Tel: 020 3427 3550
 Chris Hopkinson, Chairman
 Sergii Glazunov, Chief Executive Officer
 Bruce Burrows, Finance Director

 Strand Hanson Limited                             Tel: 020 7409 3494
 Rory Murphy / Matthew Chandler

 Arden Partners plc                                Tel: 020 7614 5900
 Ruari McGirr / Elliot Mustoe (Corporate Finance)
 Simon Johnson (Corporate Broking)

 Citigate Dewe Rogerson                            Tel: 020 7638 9571
 Ellen Wilton

 

 

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