December 2016 production and sales report from Misen Energy AB (publ)
During December 2016, the Joint Activity led by Misen Energy AB (publ) continued its business operations as a going concern. However, PJSC Ukrgazvydobuvannya continued its manifestly unlawful actions and refused to deliver the hydrocarbons which should be legally assigned to the Joint Activity in December 2016. 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 and pay the exorbitant subsoil use charge to Ukraine. During December 2016, the Joint Activity sold 2.0 ktons of LPG and