Cadogan Petroleum PLC
(the Company)
Changes to Board and Executive
Management
The Company announces that Bertrand des Pallieres has today
resigned as a Director and Chief Trading Officer of the
Company with immediate effect, to pursue other
roles outside the oil and gas industry.
Bertrand des Pallieres has been an Executive Director of the
Company since August 2011. Initially serving as CEO,
he played a key role in restructuring the Board
and management of the Company, in negotiating the partnership
with eni and in concluding proceedings for the recovery of
substantial sums due to the Company.
The Board thanks Mr des Pallieres for his contribution to the
Company and wishes him well in his future
endeavours.
For further information, please contact:
Cadogan Petroleum Plc +380 (44) 594 5870
Guido Michelotti
Chief Executive Officer
Cantor Fitzgerald Europe +44 (0) 20 7894 7000
David Porter