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2016-11-18

Misen Energy AB: Misen Energy AB (publ) changes CA

Misen Energy AB (publ) engages according to the rules of Nasdaq First
North Stockholm a Certified Adviser, CA. At present Consensus Asset
Management AB acts as the company's CA. As of 1 December 2016 Misen
Energy AB (publ) will change CA. New CA will be Erik Penser Bank AB.

Erik Penser Bank AB contact details: Apelbergsgatan 27, Box 7405, 103
91 Stockholm, Sweden

Phone: +46 8 463 80 00
Email: info@penser.se
Web: www.penser.se

For further information, please contact:

Göran Wolff, MD

Direct line: +46 31 759 50 72
Mobile: +46 709 45 48 48
E-mail: goran@misenenergy.se (%67%6f%72%61%6e@%6d%69%73%65%6e%65%6e%65%72%67%79.%73%65)
info@misenenergy.se (%69%6e%66%6f@%6d%69%73%65%6e%65%6e%65%72%67%79.%73%65)

Misen Energy AB (publ) (formerly Svenska Capital Oil AB (publ)) is a
Swedish upstream oil and gas company with operations in Ukraine. The
company was founded in 2004 and its shares are since 12 June 2007
traded on Nasdaq First North.

In 2011, Misen Energy AB (publ) acquired Misen Enterprises AB and its
Ukrainian subsidiary, LLC Karpatygaz, including the rights to 50.01%
of the revenue and profit from a gas production project in Ukraine.
Under IFRS rules, this transaction is classified as a reverse
takeover. In consideration of the acquisition, a new share issue was
carried out. The gas producing assets have been acquired by
production cooperation via a joint activity project governed by a
Joint Activity Agreement between the wholly-owned direct and indirect
subsidiaries of Misen Energy AB (publ), i.e. Misen Enterprises AB and
LLC Karpatygaz (together 50.01%) and PJSC Ukrgasvydobuvannya
(49.99%), the largest producer of natural gas in Ukraine and
subsidiary of the National Joint Stock Company Naftogaz of Ukraine.
The value of the assets is estimated to be substantially higher than
the purchase price for Misen Enterprises AB.

The purpose of the project is to significantly increase production of
gas and oil by providing modern technologies via a large-scale
investment program. The registered office of Misen Energy AB (publ)
is in Stockholm and the shares are traded on First North under
identification ticker MISE.

The Certified Adviser of the company at Nasdaq First North is
Consensus Asset Management AB (formerly Thenberg & Kinde
Fondkommission AB).

For further information, please visit our website www.misenenergy.se.
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http://news.cision.com/misen-energy-ab/r/misen-energy-ab--publ--changes-...

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