News

Enwell Energy plc for the first half of the current year has increased its average daily production rate of hydrocarbons by approximately 8%, while the revenues have decreased by 21.1%.

Arkona Gas-Energy LLC, a part of Smart Energy Group and an operator of Svystunkivsko-Chervonolutske field (Poltava oblast), completed preparation of the site for drilling the first well. Spudding is scheduled for the end of 2020. A new well will be the first one, drilled at the field since 1994.

Smart Energy Group that is one of TOP 5 biggest private gas producers of Ukraine informs that Arkona Gas-Energy LLC (a part of Smart Energy Group) filed an appeal to the Sixth Appellate Administrative Court. It aims at cancelling the ruling by the District Administrative Court of Kyiv, issued on the claim by PJSC Ukrnafta about recognizing Svystunkivsko-Chervonolutske exploration licence of Arkona Gas-Energy LLC as invalid.

SMART-HOLDING PJSC is being reorganized by transforming from a private joint stock company into a limited liability company. The shareholder, owning 100% of the Company's shares, made the corresponding decision on 3 August 2020.

At the moment employees of the National Anti-Corruption Bureau of Ukraine (hereinafter NABU) are conducting a search at the central office of Smart Energy Group (part of Smart-Holding), as well as at the office in Yakhnyki village (Poltava region). The basis for the searches is a writ of investigative judge of anti-corruption court T.R. Khamzina. Based on the wording of the writ, investigative actions are carried out as part of pre-trial investigation in criminal proceedings on legitimacy of issuing in 2017 a special permit for hydrocarbon production to Arkona Gas-Energy (hereinafter Arkona), the acquisition of which was announced on London Stock Exchange in March this year.

Smart Energy points out an unjustified pressure on the British investor and entire business of the Group.

Kherson shipyard of Smart Maritime Group (the shipbuilding business of Smart-Holding Group) is performing an in-depth overhaul of Gelius 1 dry-cargo ship (flying the flag of Saint Kitts and Nevis).

Dear metallurgists and miners! Congratulations on your professional holiday – the Day of Metallurgical and Mining Industry Workers!

Ihor Basay has taken charge of the HR and Organizational Development Directorate of Smart-Holding. Before joining the Company, he worked in a similar position in Ukrainian and international companies.

Moody's international rating agency has upgraded the corporate family rating of Metinvest B.V., a parent company of the international vertically integrated metal and mining group (Metinvest or Group), from B3 to B2 with stable outlook.

Public British Company Regal Petroleum plc (a part of Smart Energy) that produces hydrocarbons on the territory of Ukraine, announces that it is changing its name to Enwell Energy plc.