REG - Enwell Energy PLC - Damage to Gas Processing Facilities at VAS Field

Enwell EnergyAnnouncement

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RNS Number : 3802M  Enwell Energy PLC  22 December 2025

22 December 2025

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

 

Damage to Gas Processing Facilities at VAS Field

 

Enwell Energy plc (AIM: ENW), the AIM-quoted oil and gas exploration and
production group, announces that on the evening of 18 December 2025, the gas
processing facilities at its Vasyschevskoye ("VAS") gas and condensate field
in Ukraine was the subject of an attack by Russian military drones.

 

The gas processing facilities were hit by several military drones, which
resulted in significant damage to the facilities. The facilities had been
mothballed since the reinstatement of the suspension of the VAS production
licence on 27 February 2025, and consequently there were no active field
operations at the field. As a consequence, there were only security staff on
site, and very fortunately, there were no casualties as a result of the
attack.

 

The Group is now taking all necessary actions, and working closely with the
Ukrainian Emergency Services and Police, to ensure that the site is safe. The
Emergency Services have completed their inspection of the site for unexploded
ordnance, and the Group has commenced assessing the damage to enable a plan to
be prepared for the repair and restoration of the facilities. Further
information will be provided in due course once it has been possible to
conduct a detailed assessment of the site.

 

Oleksiy Zayets, CEO, commented: "This is an extremely concerning and upsetting
situation, with current indications of extensive damage to the gas processing
facilities, but, we are, nevertheless, very relieved that there were no
casualties among our staff on site."

 

 

For further information, please contact:

 

 Enwell Energy plc                  Tel: 020 3427 3550
 Chuck Valceschini, Chairman
 Oleksiy Zayets, CEO
 Bruce Burrows, Finance Director

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

 Zeus Capital Limited               Tel: 020 7614 5900
 Oscar Stack (Corporate Finance)
 Simon Johnson (Corporate Broking)

 Citigate Dewe Rogerson             Tel: 020 7638 9571

 

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 by virtue of
the Market Abuse (Amendment) (EU Exit) Regulations 2019.

 

 

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