Ukraine-focus explorer and producer Cadogan Petroleum said that 2014 has so far been "broadly positive", as the company has cut its costs base and lowered the risk of new prospects in its license areas. The oil producer said it had been monitoring the political situation in Ukraine since July but re
Read moreLONDON (Alliance News) - Cadogan Petroleum PLC Wednesday said it has identified a fourth drillable prospect at its western Ukraine licence in Debeslavetska, which it will start drilling at the end of September. Earlier this month, the oil and gas producer with interests in Ukraine said it h
Read moreLONDON (Alliance News) - Cadogan Petroleum PLC Thursday said there have been no disruptions to its operations or to the effective management of its licences in Ukraine despite recent instability in the country. The oil and gas producer currently has interests in 14 fields in Ukraine, with a
Read moreBerendsen: Panmure Gordon raises target price from 761p to 917p, while retaining its hold recommendation. British American Tabacco: Nomura cuts target price from 3840p to 3720p, while staying with its buy recommendation. bwin.party: Daniel Stewart reduces target price from 173p to 146p, while its
Read moreCadogan Petroleum has reported an improvement in its well performance at the Borynya 3, but admitted it had encountered problems with brine leakages. The firm said that following a process involving a light acid wash, flaring and hydrocarbon samples revealed that oil, condensate and gas were prese
Read moreCadogan Petroleum and Global Process Systems (GPS) have reached an agreement concerning the purchase of two gas processing plants by GPS for 29.5m dollars. Upon Cadogan's receipt of the sale price, the agreement will represent a full and final settlement of all claims and liabilities between them.
Read moreOil and gas exploration company Cadogan Petroleum has identified new and economically viable exploration and production potential at most of its existing licences, an operational update has shown. The company, which has onshore gas and condensate assets in the Ukraine, reported that it had applied
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