News

SMART HOLDING (CYPRUS) LTD, a shareholder of Kharkivoblenergo JSC and Kharkivenergozbut PJSC, has initiated holding of extraordinary meetings of the joint stock companies to make key corporate decisions on the election of the energy companies’ Supervisory Board members and an independent special audit of their financial and economic activity for 2019-2020.

British public company Enwell Energy, a part of Smart Energy Group and an operator of Svystunkivsko-Chervonolutske field (Poltava oblast), among others, made an assessment of the reserves and contingent resources at its field.

SMART HOLDING (CYPRUS) LTD filed claims with the Commercial Court of Kharkiv region demanding to invalidate the decisions made at the Supervisory Board meetings of Kharkivoblenergo JSC and Kharkivenergozbut PJSC on 23 March 2021, in particular, the decisions on holding general shareholder meetings of these companies on 28 April 2021

For Q1, 2021, the companies of Smart Energy Group paid in total UAH 327.6 mln in taxes, including UAH 168.4 mln fee for subsoil use to the budgets of all levels. 

Arkona Gas-Energy LLC, a part of Smart Energy Group and an operator of Svystunkivsko-Chervonolutske field (Poltava oblast), began research of its field. The works will provide details for locations of the following target wells, planned for the further development of the field.

The CEO of Smart Energy Sergei Glazunov told NV Business about the development and risks for the company, about sales of gas to the population and the influence on the business from its shareholder, MP Vadym Novynskyi.

In Q1, 2021, Smart Energy Group of companies produced cumulatively 95.7 mln m3 of gas and 8.3 Ktonnes of condensate, succeeding to keep the production rate of gas on the level of last year.

British company Enwell Energy plc, a part of Smart Energy group, announced its production and financial audited results for the year 2020. Thus, the company increased its aggregate average daily hydrocarbon production by 6.5%, whereas gross profit considering the drop in gas price during the year, decreased by 15%.

On February 23, 2021, Enwell Energy, a part of Smart Energy, spudded well #29 at Svyrydivske field (Poltava region).