Sale of Astroinvest Ukraine

About this update from Cadogan Energy Solutions Plc

[{"type":"text","content":"\n \nPress Release                                                                                        15 November 2019\n\nThis  announcement contains inside information as defined under the Market Abuse Regulations  n. 596/2014\n\nCadogan Petroleum Plc\n\n(“Cadogan” or the “Company”)\n\nSale of Astroinvest Ukraine\n\nCadogan 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.  \n\nAstroInvest Ukraine LLC is one of two wholly owned subsidiaries, based in the East of Ukraine.\n\nThis Announcement has been issued by, and is the sole responsibility of, the Company.\n\nENDS\n\nAboutCadogan 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.\n\nFor further information, please contact:\n\nCadogan Petroleum plc\n\nBen Harber                         Company Secretary                         +44 0207 264 4366\n\nCantor Fitzgerald Europe,   Broker to Cadogan Petroleum plc\n\nDavid Porter                                                    &nb...

More updates from Cadogan Energy Solutions Plc