News

The extraordinary general meeting of KHARKIVENERGOZBUT’s shareholders, held online on 4 February 2022, elected the competent composition of the company’s Supervisory Board.

Smart Energy Group has completed the field stage of 3D seismic of Svystunkivsko-Chervonolutske gas and condensate field and proceeded with processing and interpretation of collected data.

For 12 months of 2021 the companies of Smart Energy Group paid in total UAH 2.2 bln in taxes. That is nearly twice and a half times more than for the same period last year (UAH 948.0 mln).

An extraordinary general meeting of KHARKIVOBLENERGO’s shareholders, held online on 15 December 2021, elected the competent composition of the Company’s Supervisory Board.

Smart Energy Group announces the production results for 2021.

On November 16, Ukrgazvydobutok spudded well #29 at Ostroverkhivske field (Kharkiv region). Drilling of a new well with target depth of 4,650 m is scheduled to be completed in Q2, 2022. In case of further successful testing, production hook-up is expected in Q3 next year.

The National Securities and Stock Market Commission (NSSMC) has confirmed the legality of the election procedures and the legal competence of the new Supervisory Board of KHARKIVENERGOZBUT PJSC, which was elected at the company’s extraordinary general meeting on 7 October 2021. The NSSMC is currently taking measures to bring to account the issuer’s officials for falsifying the voting results on the above matter.

Smart Energy Group completed successful workover and resumed operation of well #62 at Ostroverkhivske gas and condensate field in Kharkiv oblast. The workover resulted gas flow rate at the level of 75 thousand m³/day.

For 9 months of 2021 the companies of Smart Energy Group paid in total UAH 1.3 bln in taxes. That is nearly twice as much as for the same period last year (UAH 693.0 mln). These payments include UAH 606.9 mln fee for subsoil use to the budgets of all levels. Thus, UAH 30.3 mln of subsoil tax were paid to the local budgets.

At a meeting on Thursday, 28 October, the Antimonopoly Committee of Ukraine (AMCU) for the second time granted permission to SMART HOLDING (CYPRUS) LTD (hereinafter – SMART HOLDING) to acquire a block of shares in KHARKIVOBLENERGO JSC in a number that ensures more than 25% of votes in the company’s supreme management body. During the consideration of the application, the Committee, the same way as at the beginning of this year, found that the concentration of shares would not lead to monopolization or significant restriction of competition in product markets.