REG-Cadogan Petroleum: Change in Executive Management <Origin Href="QuoteRef">CADP.L</Origin>

Cadogan Energy SolutionsAnnouncement

09/02/2017 16:00

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

Change in Executive Management

Cadogan Petroleum plc announces the following change to its Executive
Management:

Mr Adelmo Schenato has stepped down as Chief Operating Officer (COO) to take
up the role of Chairman and CEO of Exploenergy, the Italian company recently
bought by Cadogan, and will dedicate his time to following up on the award
process of the licences.  Mr Schenato remains as a Non Executive Director of
Cadogan Petroleum plc and as Technical Advisor to Cadogan Petroleum’s CEO.

The Board of Directors wishes to thank Mr Schenato for his contribution as
COO and expresses its appreciation for his availability to take up
this new challenge in support of the effort to geographically diversify
the Company’s portfolio.

In addition, the Company’s registered office address has changed to
6(th) Floor, 60 Gracechurch Street London, EC3V 0HR with immediate effect.

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



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