Brief: Cadogan Petroleum Says FY Profit $1.2 Mln Vs Loss Of $1.6 Mln

Cadogan Energy Solutions

24/04/2019 07:14

April 24 (Reuters) - Cadogan Petroleum PLC  CADP.L :
    * PROFIT FOR YEAR $1.2 MILLION VERSUS LOSS OF $1.6 MILLION
IN 2017
    * FY AVERAGE REALISED PRICE 51.3$/BOE VERSUS 41.6$/BOE
    * FY PROFIT PER SHARE 0.5 CENTS
    * FY PRODUCTION OF 91,085 BOE (2017: 56,516 BOE), A 61%
INCREASE
YEAR-ON-YEAR
    * CADOGAN PETROLEUM - CONTINUED TO MAINTAIN EXPLORATION AND
PRODUCTION ASSETS, TO CONDUCT OPERATIONS AND TO OPERATE AN OIL
SERVICE BUSINESS IN UKRAINE

Source text for Eikon:  ID:nPRrN21D5a 
Further company coverage:  CADP.L 

 ((Reuters.Briefs@thomsonreuters.com;))