Enwell Energy plc (AIM: ENW) 是一家在伦敦 AIM 上市的石油和天然气勘探和生产集团，它提供了其在乌克兰的 Mekhediviska-Golotvshinska（“MEX-GOL”）、Svyrydivske（“SV”）和 Vasyschevskoye（“VAS”）天然气和凝析气田以及 Svystunivsko-Chervonolutskyi（“SC”）勘探许可证的运营活动的最新情况。

产量 - 2024 年第四
季度 在 2024 年 10 月 1 日至 2024 年 12 月 31 日期间，MEX-GOL、SV 和 VAS 油田生产了 82 天，其中天然气、凝析油和液化石油气的日均产量如下：

MEX-GOL 和 SV
天然气（百万立方英尺/天）：
2024 年第四季度：7.4
2023 年第四季度：9.1
凝析油*（桶/天）： 2024 年
第四季度：444 2023
年第四季度：346
液化石油气（桶/天）：
2024 年第四季度：233
2023 年第四季度：368
总计桶油当量/天：
2024 年第四季度：1,922
2023 年第四季度：2,212

VAS
天然气（百万立方英尺/天）：
2024 年第四季度：0.5
2023 年第四季度：-凝析油*（桶/天 ）
：
2024 年第四季度：7
2023 年第四季度 ：- 液化 石油气（桶/天） ：2024 年第四季度：- 2023 年第四季度：- 总计桶/天： 2024 年第四季度：92 2023 年第四季度：-天然气总量（百万立方英尺/天）： 2024 年第四季度：7.9 2023 年第四季度：9.1 凝析油*（桶/天）： 2024 年第四季度：451 2023 年第四季度：346液化 石油气（桶/天）： 2024 年第四季度：233 2023 年第四季度：368 总计桶/天： 2024年第四 季度：2,014 2023 年第四季度：2,212乌克兰当局于 2024 年 11 月 15 日至 2024 年 11 月 25 日期间暂停了 MEX-GOL、SV 和 VAS 的许可证，这同样对公司在此期间的运营产生了负面影响，最明显的是这些油田的产量损失。然而，在乌克兰波尔塔瓦地区行政法院临时裁定解除这些许可证的暂停后，这些油田的生产恢复了。与 2023 年第四季度相比，MEX-GOL 和 SV 油田的天然气产量较低，主要是由于停产期和油田自然衰退。由于 VAS 许可证在此期间被暂停，因此没有 2023 年第四季度 VAS 油田的比较平均产量数据。 产量 - 2024 年全年
























2024 年，MEX-GOL 和 SV 油田生产 356 天（2023 年为 365 天），VAS 油田生产 143 天（2023 年为 124 天），天然气、凝析油和液化石油气的平均日产量如下：MEX-GOL 和

SV
天然气（百万立方英尺/天）：
2024 年：8.3
2023 年：9.5
凝析油*（桶/天）：
2024 年：480
2023 年：368液化
石油气（桶/天）：
2024 年：238 2023 年
：379
总计桶油当量/天：
2024 年：2,126
2023 年：2,314

VAS
天然气（百万立方英尺/天）：
2024 年：0.7
2023 年：1.7
凝析油* (桶/天)：
2024 年: 6
2023 年: 18液化
石油气 (桶/天)：
2024 年: -
2023 年: -
总计桶油当量/天：
2024 年: 142
2023 年: 330

天然气总量
(百万立方英尺/天)：
2024 年: 9.0
2023 年: 11.2
凝析油* (桶/天)：
2024 年: 486
2023 年: 386液化
石油气 (桶/天)：
2024 年: 238
2023 年: 379
总计桶油当量/天：
2024 年: 2,268
2023 年: 2,644

年内，乌克兰当局采取的监管行动导致 (i) VAS 和 SC 许可证在 2023 年 5 月 4 日至 2024 年 6 月 26 日期间被暂停， 2024 年 11 月 15 日至 2024 年 11 月 25 日期间，MEX-GOL、SV 和 VAS 许可证有效期为 2024 年 11 月 15 日至 2024 年 11 月 25 日，在此期间，各个油田均未生产。

作业
MEX-GOL 和 SV 油田的生产作业仍在继续，目前总产量约为 1,780 桶油当量/天。现场作业目前相对正常，但设备和燃料供应中断，以及电力供应中断，导致一些活动延迟。

MEX-102 井的修井工作已经完成，可以进入 Visean 地层中之前生产的 V-19 和 V-20 层。这些层位之前与生产的 V-23 层位隔离。修井工作允许进入 V-19 层位中的一个层位和 V-20 层位中的三个层位，并对这些层位进行了测试，在 V-19 层位测试中获得了令人鼓舞的气体和轻质油流。轻质油的流动很有趣，因为这是油田中唯一产油的层位，尽管轻质油的成分相似但密度略高于油田中的凝析油。目前，该井每天生产 0.1 MMscf 的天然气和 218 桶的石油。

目前，MEX-GOL 和 SV 油田的液化石油气生产暂停，等待新的液化石油气生产许可证的发放，令人遗憾的行政延误影响了乌克兰的石油和天然气行业。

在 VAS 油田，生产作业于 2024 年 8 月恢复，但实现稳定的运营模式需要相当长的时间，而且由于生产油藏压力低，生产率低于暂停前的水平。目前，产量约为 151 桶油当量/天。

在 SC 勘探许可区，许可区的开发规划仍在继续，包括规划安装新的天然气处理设施和其他地面基础设施和/或评估与现有天然气处理设施连接的可行性。

总体而言，乌克兰的运营环境仍然非常具有挑战性。公司继续对其持续运营保持谨慎和警惕，并正在采取适当措施保护和保障其人员和业务。其人员和承包商的安全和福祉至关重要，公司将继续采取一切可能的措施确保他们的安全。

现金持有量
截至 2024 年 12 月 31 日，公司的现金资源约为 9940 万美元，包括 8300 万美元等值的乌克兰格里夫纳和 1640 万美元等值的美元、英镑和欧元组合。

董事会变动
2024 年 10 月 25 日，公司宣布 Yuliia Kirianova 已辞去公司非执行董事一职，Oleksiy Zayets 已被任命为公司董事，同时仍担任临时首席执行官。

MEX-GOL、SV 和 VAS 许可证暂停期 正如 2024 年 11 月 18 日宣布的那样，乌克兰国家地质和地下调查局 (SGSS) 于 2024 年 11 月 15 日发布命令，暂停 MEX-GOL、SV 和 VAS 生产许可证。这些命令是根据乌克兰法律，特别是第 2805-IX 号法律发布的，根据该法律，SGSS 拥有立法权，可以在最终实际受益所有人受到乌克兰政府制裁的情况下暂停和/或撤销碳氢化合物许可证。

正如 2024 年 10 月 11 日宣布的那样，根据乌克兰国家安全和国防委员会 2024 年 10 月 8 日的一项决议，乌克兰总统于 2024 年 10 月 8 日颁布了第 698/2024 号法令（“法令”），题为“关于应用个人特殊经济和其他限制措施（制裁）”，该法令已经实施，根据该法令，个人特殊经济和其他限制措施（制裁）适用于 Proteas Trustee Services Limited 和 Proteas Trustees Limited（以及其各自的股东 Andreas Sophocleous 和 Konstantina Alkiviadous）、Elena Iona 和 Afrodite Loukiadou，他们是塞浦路斯信托的受托人（“受托人”），持有本公司的大部分间接股权。

根据乌克兰法律，公司在乌克兰拥有碳氢化合物许可证的子公司，即拥有 MEX-GOL 和 SV 生产许可证的 Regal Petroleum Corporation Limited 和拥有 VAS 生产许可证的 LLC Prom-Enerho Produkt，必须在乌克兰法人、个人企业家和民间机构统一国家登记册（“国家登记册”）中登记各自的最终受益所有人。根据受托人向公司发出的通知以及 2023 年 1 月 26 日、2023 年 7 月 31 日和 2024 年 3 月 20 日向市场公布的信息，这些公司的登记条目表明其最终受益所有人是受托人。由于

在国家登记册中进行了此类登记，SGSS 承认受托人为 MEX-GOL、SV 和 VAS 生产许可证的最终受益所有人。因此，SGSS 于 2024 年 11 月 15 日针对 MEX-GOL、SV 和 VAS 生产许可证分别发出了暂停令，自 2024 年 10 月 8 日（即法令日期）起生效，为期 10 年。因此，公司停止了这些许可证上的所有现场作业，包括关闭生产作业。

收到暂停令后，公司向乌克兰波尔塔瓦地区行政法院提起诉讼，对此类命令提出质疑，并在诉讼过程中，公司寻求临时裁决，以在法律诉讼的实质性问题确定之前取消此类命令。正如 2024 年 11 月 26 日宣布的那样，法院作出临时裁决，在法律诉讼确定之前取消 MEX-GOL、SV 和 VAS 生产许可证的各自暂停令。在作出此类临时裁决后，公司恢复了这些许可证上的现场作业，包括恢复生产作业。

挑战暂停令的法律程序仍在继续，公司正在咨询外部法律顾问和其他顾问，努力降低与乌克兰当局监管行动相关的风险。

临时首席执行官 Oleksiy Zayets 评论道：“由于战争和监管环境的挑战，乌克兰的经营环境仍然极其困难。我们很高兴能够继续在 MEX-GOL、SV 和 VAS 油田开展生产业务，并推进 SC 勘探许可区的开发。”

Enwell Energy plc (AIM: ENW), the AIM-quoted oil and gas exploration and production group, provides an update on its operational activities in Ukraine in respect of its Mekhediviska-Golotvshinska ("MEX-GOL"), Svyrydivske ("SV") and Vasyschevskoye ("VAS") gas and condensate fields and Svystunivsko-Chervonolutskyi ("SC") exploration licence.

Production - Q4 2024
The average daily production of gas, condensate and LPG for the 82 days that the MEX-GOL, SV and VAS fields were producing over the period from 1 October 2024 to 31 December 2024 was as follows:

MEX-GOL & SV
Gas (MMcf/d):
Q4 2024: 7.4
Q4 2023: 9.1
Condensate* (bbl/d):
Q4 2024: 444
Q4 2023: 346
LPG (bbl/d):
Q4 2024: 233
Q4 2023: 368
Aggregate boepd:
Q4 2024: 1,922
Q4 2023: 2,212

VAS
Gas (MMcf/d):
Q4 2024: 0.5
Q4 2023: -
Condensate* (bbl/d):
Q4 2024: 7
Q4 2023: -
LPG (bbl/d):
Q4 2024: -
Q4 2023: -
Aggregate boepd:
Q4 2024: 92
Q4 2023: -

Total
Gas (MMcf/d):
Q4 2024: 7.9
Q4 2023: 9.1
Condensate* (bbl/d):
Q4 2024: 451
Q4 2023: 346
LPG (bbl/d):
Q4 2024: 233
Q4 2023: 368
Aggregate boepd:
Q4 2024: 2,014
Q4 2023: 2,212

The ongoing war in Ukraine continues to cause disruption to operations at the Company's fields, and the adverse regulatory actions taken by the Ukrainian authorities, culminating in suspension of the MEX-GOL, SV and VAS licences between 15 November 2024 and 25 November 2024, similarly negatively impacted the Company's operations during the period, most notably by the loss of production from those fields. However, following the interim rulings of the Poltava District Administrative Court in Ukraine to lift the suspensions of these licences, production from those fields resumed. Gas production volumes at the MEX-GOL and SV fields were lower when compared with Q4 2023 predominantly due to the period of suspension of production and natural field decline. There are no Q4 2023 comparative average production figures for the VAS field since the VAS licence was suspended during that period.

Production - Full Year 2024
The average daily production of gas, condensate and LPG for the 356 days that the MEX-GOL and SV fields were producing (365 days in 2023) and the 143 days that the VAS field was producing (124 days in 2023), over the 2024 year, was as follows:

MEX-GOL & SV
Gas (MMcf/d):
2024: 8.3
2023: 9.5
Condensate* (bbl/d):
2024: 480
2023: 368
LPG (bbl/d):
2024: 238
2023: 379
Aggregate boepd:
2024: 2,126
2023: 2,314

VAS
Gas (MMcf/d):
2024: 0.7
2023: 1.7
Condensate* (bbl/d):
2024: 6
2023: 18
LPG (bbl/d):
2024: -
2023: -
Aggregate boepd:
2024: 142
2023: 330

Total
Gas (MMcf/d):
2024: 9.0
2023: 11.2
Condensate* (bbl/d):
2024: 486
2023: 386
LPG (bbl/d):
2024: 238
2023: 379
Aggregate boepd:
2024: 2,268
2023: 2,644

During the year, regulatory actions taken by the Ukrainian authorities resulted in suspension of (i) the VAS and SC licences between 4 May 2023 and 26 June 2024 and (ii) the MEX-GOL, SV and VAS licences between 15 November 2024 and 25 November 2024, during which periods there was no production from the respective fields.

Operations
Production operations are continuing at the MEX-GOL and SV fields, and, currently, the aggregate production rate is approximately 1,780 boepd. Field operations at site are currently continuing relatively normally, but there have been disruptions to the supply of equipment and fuel, as well as interruptions to the electricity supply, which has caused delays to some activities.

The workover of the MEX-102 well to gain access to the previously productive V-19 and V-20 horizons in the Visean formation was completed. These horizons had previously been isolated from the producing V-23 horizon. The workover allowed access to one interval in the V-19 horizon and three intervals in the V-20 horizon, and these intervals were tested, with encouraging gas and light oil flows achieved in testing of the V-19 horizon. The flows of light oil are interesting, as this is the only oil producing horizon in the field, although the light oil is similar in composition but slightly denser than the condensate in the field. Currently, the well is producing 0.1 MMscf/d of gas and 218 bbl/d of oil.

At present, production of LPG is suspended at the MEX-GOL and SV fields whilst the issuance of a new licence for LPG production is awaited, with unfortunate administrative delays affecting the oil and gas industry in Ukraine.

At the VAS field, production operations resumed during August 2024, but achieving a stabilised operating regime took considerable time, and production rates are lower than pre-suspension levels due to low pressure in the producing reservoirs. Currently, the production rate is approximately 151 boepd.

At the SC exploration licence area, planning for the development of the licence area is continuing, including planning for the installation of new gas processing facilities and other surface infrastructure and/or assessing the feasibility of connection to existing gas processing facilities.

In general, the operating environment in Ukraine remains very challenging. The Company continues to be cautious and vigilant with its ongoing operations and is taking the appropriate measures available to protect and safeguard its personnel and business. The safety and wellbeing of its personnel and contractors is paramount and the Company will continue to take all possible steps to ensure their safety.

Cash Holdings
At 31 December 2024, the Company's cash resources were approximately $99.4 million, comprised of $83.0 million equivalent in Ukrainian Hryvnia and the balance of $16.4 million equivalent in a combination of US Dollars, Pounds Sterling and Euros.

Board Changes
On 25 October 2024, the Company announced that Yuliia Kirianova had stepped down as a non-executive director of the Company with immediate effect and that Oleksiy Zayets had been appointed as a director of the Company, whilst remaining Interim Chief Executive Officer.

Period of Suspension of MEX-GOL, SV and VAS Licences As announced on 18 November 2024, the State Geologic and Subsoil Survey of Ukraine (the "SGSS") issued orders dated 15 November 2024 to suspend the MEX-GOL, SV and VAS production licences. These orders were made pursuant to Ukrainian legislation, specifically Law No. 2805-IX, under which the SGSS has legislative powers to suspend and/or revoke hydrocarbon licences where the ultimate beneficial owner is the subject of Ukrainian Government sanctions.

As announced on 11 October 2024, a Decree of the President of Ukraine numbered 698/2024 and dated 8 October 2024 (the "Decree"), made pursuant to a resolution of the National Security and Defence Council of Ukraine dated 8 October 2024, entitled "On application of personal special economic and other restrictive measures (sanctions)", was implemented, pursuant to which personal special economic and other restrictive measures (sanctions) were applied to, inter alia, Proteas Trustee Services Limited and Proteas Trustees Limited (as well as their respective shareholders Andreas Sophocleous and Konstantina Alkiviadous), Elena Iona and Afrodite Loukiadou, who are trustees of Cypriot Trusts (the "Trustees") that hold a major indirect shareholding interest in the Company.

Under Ukrainian legislation, the Company's subsidiary companies which own its hydrocarbon licences in Ukraine, namely Regal Petroleum Corporation Limited in the case of the MEX-GOL and SV production licences and LLC Prom-Enerho Produkt in the case of the VAS production licence, are required to register their respective ultimate beneficial owners in the Unified State Register of Legal Entities, Individuals-entrepreneurs and Civil Institutions of Ukraine (the "State Register"). The registration entries for each of these companies states that their ultimate beneficial owners are the Trustees, based on the notifications made by the Trustees to the Company and published to the market on 26 January 2023, 31 July 2023 and 20 March 2024.

As a consequence of such registrations in the State Register, the SGSS recognises the Trustees as the ultimate beneficial owners of the MEX-GOL, SV and VAS production licences. As a result, the SGSS issued the suspension orders dated 15 November 2024 in respect of each of the MEX-GOL, SV and VAS production licences for a period of 10 years effective from 8 October 2024 (being the date of the Decree). As a result, the Company ceased all field operations on each of these licences, including shutting down production operations.

Following the receipt of the suspension orders, the Company issued legal proceedings in the Poltava District Administrative Court in Ukraine to challenge such orders, and within such proceedings, the Company sought interim rulings to have such orders lifted pending determination of the substantive issues in the legal proceedings. As announced on 26 November 2024, the Court made interim rulings to lift the respective suspension orders of the MEX-GOL, SV and VAS production licences pending the determination of the legal proceedings. Following such interim rulings, the Company resumed field operations on each of these licences, including resuming production operations.

The legal proceedings to challenge the suspension orders are continuing, and the Company is consulting with its external legal and other advisers to endeavour to mitigate the risks associated with the regulatory actions of the Ukrainian authorities.

Oleksiy Zayets, Interim CEO, commented: "The operating environment in Ukraine remains extremely difficult as a result of the war, as well as the challenging regulatory environment. We are pleased to be able to continue our production operations at the MEX-GOL, SV and VAS fields, as well as advancing the development of the SC exploration licence area."