Cadogan Petroleum Operations Update
05 November 2019 - 3:11AM
UK Regulatory
TIDMCAD
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
END
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