Press Release
4 November 2019
Cadogan Petroleum
Plc
(“Cadogan” or the
“Company”)
Operations
update
Cadogan Petroleum plc (“Cadogan”), an independent, diversified
oil & gas company listed on the main market of the London Stock
Exchange, is pleased to announce that the regional Council of L’viv
has approved the application for a 20-year production license for
the Blazhiv field (formerly Monastyretska license) and has notified
the licensing authority (SGS).
This is the last of the intermediate approvals required for the
SGS to issue its final decision on the Blazhiv field license
award. SGS has up to thirty days to approve the award of the
license.
During the same session, the regional Council of L’viv also
approved the application for a 20-year license for Bitlyanska.
ENDS
About
Cadogan is an independent, diversified oil and gas company,
which operates exploration and production licenses in Western Ukraine, conducts gas trading
operations, and provides services to E&P companies.
For further information, please
contact:
Cadogan Petroleum plc
Guido Michelotti
Chief Executive
Officer
+380 (44) 594 5870
Ben
Harber Company
Secretary
+44 0207 264 4366
Cantor Fitzgerald Europe, Broker to Cadogan
Petroleum plc
David
Porter
+44 (0) 20 7894 7000