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Cadogan Petroleum Plc - Director/PDMR Shareholding

5thJune 2020

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

Cadogan Petroleum Plc("Cadogan" or the "Company")

CEO Dealings – Market Share Purchase

(“Cadogan” or the “Company”) today announces that its CEO, Mr. , has purchased on 3 , 2,250,000 ordinary shares of £0.03 each,  in the capital of the Company, on the at a price of £0.0245 each.Cadogan Petroleum plcLondon Stock ExchangeFady KhalloufrdJune 2020

Following this purchase Mr holds in total 7,750,000 shares representing 3.17 % of the Company.Fady Khallouf

About

Cadogan is an independent, diversified oil and gas company, which operates exploration and production licenses in , conducts gas trading operations, and provides services to E&P companies.Western Ukraine

For further information, please contact:

Fady Khallouf                     Chief Executive Officer                            Company Secretary          +44 0207 264 4366Cadogan Petroleum plc

[email protected]Ben Harber

Broker toCantor Fitzgerald EuropeCadogan Petroleum plc

David Porter                                             +44 (0) 20 7894 7000

Appendix

The notification detailed above and summarised in the table below is made in accordance with the requirements of the EU Market Abuse Regulations as follows:

, CEO purchased 2,250,000 shares at £0.0245 per share on3 .Fady KhalloufrdJune 2020

1. Details of PDMR/ person closely associated with them (‘PCA’)

a)                                      

2. Reason for the notification

a) Position/status                          Chief Executive Officer

b) Initial notification / Amendment         Initial notification of purchase of
                                            shares

3. Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor

a)                                      

b) LEI                                      213800JIBKL29FAK1213

4. Details of the transaction(s): section to be repeated for (i) each type of
   instrument; (ii) each type of transaction; (iii) each date; and (iv) each
   place where transactions have been conducted

   Description of the financial instrument, Ordinary shares of  each
   type of instrument

   Identification code
                                            GB00B12WC938

b) Nature of the transaction                Purchase of ordinary shares

c) Price(s) and volume(s)                   Price(s) Volume(s)

                                            £0.0245 2,250,000

d) Aggregated information


                                            2,250,000

                                            £0.0245

e) Date of the transaction                  

f) Place of the transaction                 XLONNameNameCadogan Petroleum plcFady Khallouf3 pence3rd June 2020

Quick facts: Cadogan Petroleum PLC

Price: 2.75

Market: LSE
Market Cap: £6.71 m
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