TIDMCAD 
 
Press Release 
 
22nd June 2020 
 
This announcement contains inside information as defined under the Market Abuse 
Regulations n. 596/2014 
 
                             Cadogan Petroleum Plc 
                         ("Cadogan" or the "Company") 
 
      Resumption of production from Blazhiv-3 and Blazhiv-3-Monastyrets. 
 
Operational update 
 
As anticipated in the 2019 Annual Report, Cadogan Petroleum plc and Ukrnafta 
have signed on June 18th, 2020 the two lease contracts' prolongation for the 
wells of Blazhiv-3 and Blazhiv-3-Monastyrets. The Company is pleased to 
announce the resumption of production from these two wells. The wells were shut 
down since November 2019. 
 
                                    -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. 
 
Ukrnafta is the largest oil company in Ukraine, with 62,3% share of the 
country's oil and condensate production. Ukrnafta operate 85 licences and own a 
fleet of 24 drilling rigs. 
 
For further information, please contact: 
 
Cadogan Petroleum plc 
Fady Khallouf                              Chief Executive Officer 
fady.khallouf@cadoganpetroleum.com 
Ben Harber                                  Company Secretary 
+44 0207 264 4366 
 
Cantor Fitzgerald Europe      Broker to Cadogan Petroleum plc 
 
David 
Porter 
+44 (0) 20 7894 7000 
 
 
 
END

(END) Dow Jones Newswires

June 22, 2020 02:00 ET (06:00 GMT)

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