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Regulatory Announcements
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07.05.2007

New gas discovery in Libya

Hellenic Petroleum S. A. reports a gas discovery in well A1-NC206.
 
The well, drilled by Woodside Energy NA Ltd., is located in the Sirte Basin in Libya and was spudded on October 10, 2006. The total depth of 3,475 metres was reached on November 18, 2006. A completion string was run and well testing operations were completed with a rig-less testing unit in March 2007. An initial production test of the Upper Sabil Formation confirmed the presence of a gas column and flowed 12.1 MMscf per day through a 48/64 inch choke, with a gas to condensate ratio of 30-35 bbl/ MMscf. The absolute open flow potential is calculated to be 16.7 MMscf per day. The well was suspended as a gas and condensate discovery.
 
Woodside Energy (N.A.) drilled the well as an operator under the “Exploration and Production Sharing Agreement-3” (EPSA3) with the National Oil Corporation of Libya.
 
Interests in EPSA3 and the associated joint venture are:
Woodside Energy (N.A.) Ltd. : 45% (Operator)
Repsol Exploration Murzuq:      35%
Hellenic Petroleum S.A. :          20%
 
Further studies are under way to estimate recoverable reserves and evaluate commerciality.

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09.09.2024

Transfer of own shares

HELLENiQ ENERGY Holdings S.A. (the "Company"), announces that, in accordance with the decision of the Annual General Meeting that took place on 27 June 2024, on 6 September 2024, it proceeded with the distribution, free of charge, of a one-time allotment (through an over-the-counter transaction) comprising 80,000 of the Company's own, common, registered shares, among eight beneficiaries (the "Beneficiaries") who served as non-executive members of the preceding Board of Directors (with a tenure until 27 June 2024), with each Beneficiary receiving 10,000 shares, as follows:

04.09.2024

Purchase of own shares

HELLENiQ ENERGY Holdings S.A. (the "Company"), announces that, within the framework of its share buyback program, during the period from 30/08/2024 to 03/09/2024, it purchased through the Athens Exchange a total of 80,000 own shares as follows:

30.08.2024

Initiation of Buyback program

HELLENiQ ENERGY Holdings S.A. (the "Company"), pursuant to a) the decision of the Annual General Meeting of shareholders of 27 June 2024 (the "General Meeting") which approved the adoption of a share buyback program (the "Buyback Program") and granted the necessary authorization for its implementation to the Board of Directors and b) the decision of the Company's Board of Directors on 29 August 2024, hereby announces its intention to commence the implementation of the Buyback Program. The purpose of the Buyback Program is to facilitate the free distribution of the Company's shares a) to the non-executive members of the Board of Directors whose term of office ended on 27 June 2024, in accordance with the relevant decision of the General Meeting and b) to its executives, as well as to executives of affiliated entities, within the framework of its long-term share distribution program, as established by the General Meeting.