Enwell Energy shuts down fields due to Russian military action in Ukraine

Enwell Energy shuts down fields due to Russian military action in Ukraine

LONDON, UK: Enwell Energy plc (AIM: ENW), the oil and gas exploration and production group, advised that in light of Russian military action 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 Russian 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.

Ukrainian forces battled Russian invaders on three sides on Thursday after Moscow mounted an assault by land, sea and air in the biggest attack on a European state since World War Two, Reuters reported.

After a day of fighting, Putin told business people in Moscow he had no choice but to act, while Western leaders condemned the Russian leader and promised sweeping economic sanctions.

Enwell Energy PLC is an oil and gas exploration, development and production company. The Company’s operations are located in Ukrain. The Company operates four gas and condensate fields in the Dnipro-Donets basin in north-east.


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