June 2017 production and sales report from Misen Energy AB (publ)
During June 2017 PJSC Ukrgazvydobuvannya continued its manifestly unlawful actions and refused to deliver the hydrocarbons from the wells attributed to the Joint Activity. As a result, during June 2017, the Joint Activity did not sell hydrocarbons. Being prevented from selling the hydrocarbons, LLC Karpatygaz, a partially owned subsidiary of Misen Energy AB (publ), could not properly implement the JAA No.3 (as amended and restated) and pay the exorbitant subsoil use charge to Ukraine. Under the circumstances, on 10 May 2017 the Joint Activity leased all the Booster Compression Stations (