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Cadogan Petroleum Plc

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Market:
LSE
Market Cap:
£11.48 m
Price
4.87 GBX
Change
1.42%
52 weeks high
16.00
52 weeks low
4.35

In brief

Cadogan Petroleum is an independent oil & gas company with established revenue streams from producing assets and subsidiary operations, access to exploration potential and a strong balance sheet to support the pursuit of shareholders’ value via the acquisition of underpriced asset across a variety of geographies. The Company is listed on the Main Market of the LSE.

The Group’s current E&P assets are in the Carpathian basin in West of Ukraine and in the Po Valley in Northern Italy, both of which are proven hydrocarbon basins.

Subsidiary operations include gas trading and oil services. Gas trading involves the import of gas from Slovakia, Hungary and Poland and local purchasing and sales, including the physical delivery of natural gas. Oil service operations include work-over, construction, permitting and other services provided for E&P companies.

Cadogan’s strategy is to leverage its existing platform to selectively acquire assets to support its long-term financial position, create upside potential to drive shareholder value and to geographically diversify its portfolio and risk profile.

The Company is registered as a public limited company in England and Wales (registration number 05718406). The Company’s shares have a standard listing and are traded on the Main Market of the London Stock Exchange.

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Snapshot

In Ukraine, the group’s assets are located near to Poland and Romania