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Cadogan Petroleum PLC - London-based oil & gas company - Says that in 2021, production continued to grow. Net oil production was 127,662 barrels corresponding to an average of 350 barrels per day, up 20% from 2020. "This production result was achieved thanks to the full operation of the 4 wells and the optimisation of the operational regimes of these wells, in particular the Blazhiv-10 well," company says.
Current stock price: 3.48 pence
12-month change: up 14%
By Greg Roxburgh; gregroxburgh@alliancenews.com
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