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Enwell Energy Resumes Operations After Court Lifts License Suspensions

Enwell Energy Resumes Operations After Court Lifts License Suspensions

Enwell Energy (GB:ENW) has released an update.

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Enwell Energy has resumed its field operations after the Poltava District Administrative Court in Ukraine lifted the suspensions on its MEX-GOL, SV, and VAS production licenses. This development follows the company’s legal challenge against the 10-year suspension orders issued by the State Geologic and Subsoil Survey of Ukraine. The court’s interim ruling allows Enwell to restart production, marking a positive turnaround for the company and its investors.

For further insights into GB:ENW stock, check out TipRanks’ Stock Analysis page.

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