Cadogan Petroleum: Half Yearly Report for the Six Months Ended 30 June 2018
Cadogan Petroleum plc (“Cadogan” or the “Company”) announces its unaudited results for the six months ended 30 June 2018. The first half of 2018 was LTI and TRI[1] free and normalized emissions were further reduced to 15.9 tons CO2,e/boe. Good progress has been made towards achieving ISO 14001 and ISO …
Cadogan Petroleum Plc Operational Update
Cadogan Petroleum plc (“Cadogan”), the London Stock Exchange listed, independent, oil & gas company, is pleased to provide the following operational update post year end. Revenues from E&P operations combined with a further reduction in G&A costs, strict discipline on all spending and a rigorous management of receivables have helped …
Cadogan Petroleum: Receives Approach Regarding Possible Combination with Ascent Resources
Cadogan Petroleum plc notes the announcement by Ascent Resources plc (“Ascent”) dated 24 March 2016 and confirms that it has made a highly preliminary approach regarding a possible combination with Ascent. There can be no certainty that an offer will be made or as to the terms of any offer. …
Cadogan Petroleum: Bertrand des Pallieres Steps Down as CEO
The Company announces that Mr Bertrand des Pallieres, Chief Executive Officer, has submitted his resignation as CEO to the Board of Directors in order to focus on the Company’s increasingly active oil and gas trading business. Mr des Pallieres will remain an executive director of the Company. The Company expects …
Cadogan Petroleum Plc – Half-Yearly Report
Cadogan Petroleum plc, an independent oil and gas exploration, development and production company with onshore gas, condensate and oil assets in Ukraine, announces its unaudited results for the six months ended 30 June 2014. – Significant, further reductions to the Company’s cost base to maintain financial strength pending results from …
Cadogan Operations Update
The Company has noted that the Ukrainian Government last week passed emergency budget legislation increasing production taxes for the oil and gas industry for the period 1 August 2014 to 31 December 2014. Tax on gas production from horizons shallower than 5,000m increases to 55 per cent, for those deeper …
Cadogan Petroleum: Interim Management Statement
Cadogan published its Annual Financial Report for the year ended 31 December 2013 on 28 April 2014. Political situation We continue to monitor the current political situation in Ukraine carefully but there have been no disruptions to the Company’s operations, or ability to operate effectively, in any of our operating locations. As a …
Cadogan Petroleum: Half-yearly Report 2013
Cadogan Petroleum plc, an independent oil and gas exploration, development and production company with onshore gas, condensate and oil assets in Ukraine, announces its unaudited results for the six months ended 30 June 2013. *Continued production from the Debeslavetska and Cheremkivska licences at a combined rate of about 14.5 mcm/day …
Cadogan Petroleum plc: Joint Venture with Oil and Gas Management Services Group
Cadogan Announces Joint Venture with Oil and Gas Management Services Group Cadogan is pleased to announce that it has today signed a non-binding Memorandum of Understanding (“MoU”) and a Secured Loan Agreement (the “Loan”) with Oil and Gas Management Services Limited. OAGSG, which operates the largest Oil Country Tubular Goods …
Cadogan Petroleum plc: Second Price Monitoring Extension
A second and final Price Monitoring Extension has been activated in this security. The closing auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more than a pre-determined percentage above or below the price …