Enwell Energy

ENW · AIM · Energy · mcap £37m · 11.5p

Enwell Energy is an AIM-quoted company that produces gas and condensate from fields in Ukraine's Poltava region. Its main assets are the MEX-GOL, SV and VAS fields, plus the SC exploration licence.

Target	Promise	Said	Status
2023
Q4 2023	Lift AIM trading suspension on publication of 2022 accounts and interim results.	10 Oct 2023	✓ Kept
	“Suspension from trading is expected to be lifted upon publication and posting to shareholders of the 2022 Accounts, and the Company's interim results for the six month period ended 30 June 2023” How it developed 10 Oct 2023 Said “Suspension from trading is expected to be lifted upon publication and posting to shareholders of the 2022 Accounts, and the Company's interim results for...” 29 Dec 2023 ✓ Kept “The suspension is lifted from 29/12/2023 7:30am, the half-yearly report having been published.” Result Trading in shares was restored on AIM on 29 December 2023 after the half-yearly report was published. “The suspension is lifted from 29/12/2023 7:30am, the half-yearly report having been published.”29 Dec 2023 · Restoration - Enwell Energy PLC
2024
Q3 2024	Resume production at VAS field in Q3 2024.	17 Jul 2024	✓ Kept
	“production from the VAS field is expected to resume in Q3 2024” Also stated 30 Sep 2024 How it developed 17 Jul 2024 Said “production from the VAS field is expected to resume in Q3 2024” 30 Sep 2024 ✓ Kept “In June 2024, the suspensions of the VAS production licence and the SC exploration licence were lifted, and production has now resumed at the VAS field” 30 Sep 2024 Said “In June 2024, the suspensions of the VAS production licence and the SC exploration licence were lifted, and production has now resumed at the VAS field” Result Interim results of September 2024 confirmed production had resumed at VAS, though it was later suspended again. “In June 2024, the suspensions of the VAS production licence and the SC exploration licence were lifted, and production has now resumed at the VAS field”30 Sep 2024 · 2024 Interim Results “At the VAS field, production operations will continue, and at the SC licence area, planning for the development of this licence area is currently underway”30 Sep 2024 · 2024 Interim Results