Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Enwell Energy ( (GB:ENW) ) has issued an announcement.
Enwell Energy has announced that the Second Appeal Administrative Court in Ukraine has reinstated suspension orders for its Mekhediviska-Golotvshinska (MEX-GOL) and Svyrydivske (SV) production licenses. As a result, Enwell is ceasing all field operations and shutting down production for these licenses. The company is continuing to challenge these suspensions in court and is working with legal and advisory teams to address the regulatory challenges posed by Ukrainian authorities.
More about Enwell Energy
Enwell Energy plc is an AIM-quoted company specializing in oil and gas exploration and production. The company operates primarily in Ukraine, focusing on the development and extraction of hydrocarbons through its production licenses.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $90.93M
For a thorough assessment of ENW stock, go to TipRanks’ Stock Analysis page.
