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Arkona – Successful Appeal in SC Licence Case and Update on Regulatory Actions by Ukrainian Authorities

Enwell Energy plc (AIM: ENW), the AIM-quoted oil and gas exploration and production group, announces a successful appeal decision in the legal proceedings relating to its Svystunivsko-Chervonolutskyi exploration licence (the “SC Licence”) in Ukraine, which is held by its subsidiary LLC Arkona Gas-Energy (“Arkona”), and an update on regulatory actions by Ukrainian Authorities.

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