Enwell Energy (GB:ENW) has released an update.
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Enwell Energy, an AIM-quoted oil and gas exploration and production group, is currently assessing the impact of new sanctions implemented by Ukraine, targeting a major indirect shareholder and a Non-Executive Director. The company is actively consulting with advisors to understand the potential consequences of the Ukrainian presidential decree on its operations. Despite the uncertainty, Enwell Energy has assured stakeholders that it continues to operate normally while closely monitoring the developments.
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