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Pin to quick picksCadogan Regulatory News (CAD)

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Sale of Astroinvest Ukraine

15 Nov 2019 16:50

Cadogan Petroleum Plc - Sale of Astroinvest Ukraine

Cadogan Petroleum Plc - Sale of Astroinvest Ukraine

PR Newswire

London, November 15

Press Release 15 November 2019

This announcement contains inside information as defined under the Market Abuse Regulations n. 596/2014

Cadogan Petroleum Plc

(“Cadogan” or the “Company”)

Sale of Astroinvest Ukraine

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 it has reached an agreement with Ukrinvest Group for the sale of AstroInvest Ukraine LLC for a total consideration of $1.2 million, bringing the total amount from the sale of legacy assets to $4m in recent weeks.

AstroInvest Ukraine LLC is one of two wholly owned subsidiaries, based in the East of Ukraine.

This Announcement has been issued by, and is the sole responsibility of, the Company.

ENDS

AboutCadogan 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

Ben Harber Company Secretary +44 0207 264 4366

Cantor Fitzgerald Europe, Broker to Cadogan Petroleum plc

David Porter +44 (0) 20 7894 7000

Date   Source Headline
26th May 20203:00 pmPRNAnnual Financial Report and Notice of AGM
25th May 20207:00 amPRNIssue of Equity
25th May 20207:00 amPRNIssue of Equity
15th May 20207:00 amPRNReport on Payments to Government
4th May 20207:00 amPRNAnnual Financial Report
10th Feb 20207:00 amPRNOperational Update
30th Dec 201910:16 amPRNBitlyanska exploration license
20th Dec 20197:00 amPRNBlazhiv license award
19th Nov 20194:18 pmPRNDirector Update
19th Nov 20197:00 amPRNMonastyretska license
15th Nov 20194:50 pmPRNSale of Astroinvest Ukraine
15th Nov 20193:45 pmPRNResult of General Meeting, new CEO and new Chairman
4th Nov 20194:11 pmPRNOperations Update
1st Nov 20196:29 pmPRNExtension of the CEO mandate
21st Oct 20195:22 pmPRNGeneral Meeting
8th Oct 20197:00 amPRNTrading Update
2nd Oct 20199:51 amPRNReceipt of notice of requisition of general meeting
1st Oct 20194:29 pmPRNSale of Gazvydobuvannya
30th Sep 20197:00 amPRNIntention to requisition a general meeting
27th Aug 20197:00 amPRNHalf-year Report
20th Aug 201910:13 amPRNHolding(s) in Company
20th Aug 201910:07 amPRNHolding(s) in Company
29th Jul 20193:17 pmPRNProger Update
18th Jul 201910:00 amPRNDirectorate Change
3rd Jul 20192:56 pmPRNLicense Application
19th Jun 20192:00 pmPRNResult of AGM
30th May 20197:00 amPRNWell Update
21st May 20192:31 pmPRNReport on Payments to Governments
17th May 20192:38 pmPRNAnnual Financial Report and Notice of AGM
30th Apr 20199:36 amPRNWell Update
25th Apr 201912:05 pmPRNWell Update
24th Apr 20197:00 amPRNAnnual Financial Report
18th Apr 20192:05 pmRNSSecond Price Monitoring Extn
18th Apr 20192:00 pmRNSPrice Monitoring Extension
18th Apr 201911:05 amRNSSecond Price Monitoring Extn
18th Apr 201911:00 amRNSPrice Monitoring Extension
9th Apr 20194:09 pmPRNOperational Update
8th Apr 20194:41 pmRNSSecond Price Monitoring Extn
8th Apr 20194:35 pmRNSPrice Monitoring Extension
27th Feb 20199:05 amRNSSecond Price Monitoring Extn
27th Feb 20199:00 amRNSPrice Monitoring Extension
26th Feb 20194:34 pmPRNCorrection:Loan and related call-option agreement
26th Feb 201910:01 amPRNExecution of a loan and related call-option agreement
16th Jan 20197:00 amPRNOperational Update
16th Nov 20182:02 pmPRNOperational Update
12th Nov 20189:58 amPRNExit from the shale gas project in Ukraine
8th Nov 201810:48 amPRNWell Update
27th Sep 201810:02 amPRNOperational Update
21st Aug 20182:00 pmPRNHalf Yearly Report for the Six Months ended 30 June 2018
7th Aug 201810:01 amPRNCadogan Ukraine ISO Certification

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