Misen Energy expands further in Ukraine

The current Joint Activity Agreement among Misen Energy’s AB subsidiaries Misen Enterprises AB and Karpatygaz LLC, and the Ukrainian partner, the state company Ukrgazvydobuvannya has been extended by an addendum agreed by the parties in the Joint Activity. The addendum is now approved and registered by the Ukrainian government and extends the permits of the Joint Activity with 35 new wells as a first step.

Misen Energy’s AB subsidiary Karpatygaz LLC has secured an extended financing of the Joint Activity with the Ukrainian division of Sberbank in the amount of 38.5 million USD.

For further information, please contact:

Leif Larsson, CEO

Engelbrektsgatan 32
SE-411 37 Göteborg
Telephone: +46 31 759 50 71
Mobile: +46 708 40 82 71
E-Mail: leif@misenenergy.se