In November-December, 2020, the Representative Office of Regal Petroleum Corporation Limited, a part of Smart Energy Group, received the grant of an extension of its Mekhedivsko-Golotovshchynske and Svyrydivske production licences, Poltava oblast. They were extended for a duration of 20 years with the decision of the State Service for Geology and Mineral Resources of Ukraine.
For 9M, 2020, the companies of Smart Energy Group paid in total UAH 691.5 mln in taxes. From this sum UAH 302.6 mln are subsoil taxes to the budgets of all levels. Meanwhile, UAH 15.1 mln from subsoil taxes were transferred to the local budgets.
Smart Energy Group announces its production results for 9 months of 2020.
British Company Enwell Energy plc, a part of Smart Energy, announces its operational results for Q3, 2020. For the reported period the company has increased its average daily production rate of hydrocarbons by approximately 19% against the same period of 2019.
The Court of Appeal overturned decision of the first instance court to invalidate special permit for production of hydrocarbons of LLC Arkona Gas-Energy.
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%.
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.
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.
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.
British company Regal Petroleum, a part of Smart Energy, obtained commercial inflow of hydrocarbons from a new development well at Svyrydivske field in Poltava oblast.