Pressrelease 2013-05-02 Publication of the annual report for Misen Energy AB (publ) and proxy form for the AGM.
Publication of the annual report 2012 will be made to-day at the Company web-site.
Proxy form for the annual general meeting can also be downloaded from the web-site from to-day.
Proxy forms, the annual report and the auditor´s statement as well as other documents to be presented at the annual general meeting will further be available at the Company at Engelbrektsgatan 32, SE-411 37 Gothenburg and at the Company’s website www.misenenrgy.se three weeks in advance of the general meeting and will be sent to shareholders upon request provided that the shareholders state their e-mail or postal address.
For further information please contact:
Göran Wolff, MD
tel 46 31 759 50 72
mobile 46 709 45 48 48
e-mail goran@misenenergy.se
Misen Energy AB (former Svenska Capital Oil AB) is a Swedish oil and gas exploration and extraction company with operations in Ukraine. The company was founded in 2004 and the share is since 12 June 2007 traded on NasdaqOMX First North.
In 2011 Misen Energy AB acquired Misen Enterprises AB and its Ukrainian subsidiary, KarpatyGaz, including the rights of 50,01 % of the revenue and profit from a gas production project in Ukraine, which will provide the company with essential gas and oil assets. As consideration of this acquisition a new share issue was performed.
The gas extraction assets have been acquired by production cooperation via a joint activity project governed by a Joint Activity Agreement (the "JAA") between the wholly owned subsidiaries of Misen Energy AB, i.e., Misen Enterprises AB and Karpatygaz and Ukrgazvydobuvannya, the largest producer of natural gas in Ukraine and subsidiary of the publicly owned company Naftogaz Ukraine. The value of the assets has been assessed by PwC in Ukraine and is estimated to be significantly more than the purchase price for Misen Enterprises AB.
The purpose of the project is to significantly increase production of gas and oil by implementing new technology and a large-scale investment program.
The registered office of Misen Energy AB( former Svenska Capital Oil AB) is in Stockholm and the shares are traded on First North under identification MISE. The Certified Adviser of the company at NasdaqOMX First North is Thenberg & Kinde Fondkommision AB.
For further information please visit our web site www.misenenergy.se.
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