Enwell Energy Share News (ENW)

IN BRIEF: Enwell Energy 2022 production takes hit ongoing Ukraine war

Enwell Energy PLC - Ukraine-focused oil and gas exploration and production company - Records full-year production of 2,641 barrel of oil per day in 2022, down 25% from 3,501 boepd the previous year, from its MEX-GOL and SV field. With its VAS field, production in the final quarter amounted to 2,956 boepd, down 38% versus 4,730 boepd. The production fields are located in the Ukraine. Notes that the ongoing war in Ukraine has caused disruption to production operations at the MEX-GOL and SV fields.

TRADING UPDATES: Mission revenue up; Enwell Ukraine operations recover

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Enwell Energy shares plummet as warns on new Ukrainian law

(Alliance News) - Enwell Energy PLC on Wednesday said a law introduced in Ukraine could adversely affect its licences.

AIM WINNERS & LOSERS: Corcel jumps on farm-out deal with Riversgold

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

CORRECT (Dec 09): Savannah Energy completes Exxon Mobil acquisition

(Correcting that the Exxon Mobil portfolio acquisition was completed by Savannah Energy PLC.)

TRADING UPDATES: Savannah completes Exxon Mobil portfolio acquisition

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Enwell Energy licence again ruled invalid by Ukraine court

(Sharecast News) - Enwell Energy updated the market on further Ukrainian legal proceedings over its Svystunivsko-Chervonolutskyi exploration licence on Friday.

Enwell Energy shares drop following licence claim loss to Boryslav

(Alliance News) - Enwell Energy PLC on Friday saw shares plummet after its licence for the Svystunivsko-Chervonolutskyi oil field was declared invalid by the Appellate Administrative Court in Kyiv.

AIM WINNERS & LOSERS: Enwell loses Ukraine license; Thor strikes gold

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

LONDON MARKET CLOSE: Stocks down; IMF warns "the worst is yet to come"

(Alliance News) - Stock prices in London closed lower on Tuesday, as storm clouds gathered over the global economic outlook, as UK fiscal policy also faces increasing scrutiny.

Enwell Energy says production continues as Russian attacks worsen

(Alliance News) - Enwell Energy PLC on Tuesday said production operations continue, but most other works have been suspended at the Mekhediviska-Golotvshinska and Svyrydivske fields, as Russian missile strikes worsen an already challenging situation in Ukraine.

EARNINGS SUMMARY: Echo Energy, Enwell Energy, Sivota revenue rises

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

IN BRIEF: Enwell Energy's well near Kharkiv remains suspended on war

Enwell Energy PLC - London-based oil and gas company - Says that its Vasyschevskoye field near Ukraine's Kharkiv remains suspended as the war in the country continues. The ongoing Russian military action in Ukraine "has made the situation in Ukraine extremely challenging," Enwell explains.

IN BRIEF: Enwell Energy annual profit soars on higher gas prices

Enwell Energy PLC - London-based oil and gas company - Pretax profit surges to USD66.6 million in 2021 from just USD6.5 million the previous year. Revenue multiplies to USD121.4 million from USD47.3 million. Average daily production in the year increases by 4.2% to 4,730 barrels of oil equivalent per day from 4,541 boepd. Cites significantly higher gas prices for revenue rise. Says Russia's invasion of Ukraine has had a currently unknown impact on the group business and operations, with field operations suspended from late February to mid-March. Adds the scale and duration of disruption remains uncertain. Notes that the 77% of its cash is outside Ukraine, however.