REG-Cadogan Petroleum: Changes to Board and Executive Management <Origin Href="QuoteRef">CADP.L</Origin>

Cadogan Energy SolutionsAnnouncement

02/05/2017 16:35

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



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