TIDMCAD 
 
Press 
Release 
                   8 November 2018 
 
 
This announcement is deemed to contain Inside Information as defined under the 
Market Abuse Regulations  n. 596/2014 
 
                            Cadogan Petroleum Plc. 
 
                         ("Cadogan" or the "Company") 
 
                                  Well Update 
 
Cadogan Petroleum plc. ("Cadogan"), an independent, diversified, oil & gas 
company listed on the London Stock Exchange, announces the Vovche-2 
well reached the planned total depth and was completed on  time and budget. 
 
Both pre-drill target horizons were penetrated and resulted oil bearing from 
logs. Oil saturation in the lower target was further confirmed by cores. A 
third, thinner interval, appears as potentially oil bearing from logs. 
 
The well has been cased and  is being tested to establish whether it is capable 
of sustaining commercial production rates. 
 
The results of the well tests will be communicated in due course. 
 
                                    -ENDS- 
 
For further information, please contact: 
 
Cadogan Petroleum plc. 
 
Guido Michelotti           Chief Executive Officer    +380 (44) 594 5870 
 
Ben Harber                 Company Secretary          +44 0207 264 4366 
 
Cantor Fitzgerald Europe 
 
David Porter                                          +44 (0) 20 7894 7000 
Nick Tulloch 
 
 
 
END

(END) Dow Jones Newswires

November 08, 2018 05:48 ET (10:48 GMT)

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