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REG-Cadogan Petroleum: Extension of the CEO mandate

NOT FOR RELEASE, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA OR
ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE UNLAWFUL.

Press Release 1 November, 2019

This announcement contains inside information as defined under the Market
Abuse Regulations n. 596/2014

Cadogan Petroleum Plc

(“Cadogan” or the “Company”)

Extension of the CEO mandate

Further to the announcement made on September 30, Cadogan Petroleum plc
(“Cadogan”), an independent, diversified oil & gas company listed on the
Main Market of the London Stock Exchange, hereby announces that the incumbent
CEO has agreed to extend his term from the previously announced date of 30
September until November 15.

Further announcements will be made in due course.

This Announcement has been issued by, and is the sole responsibility of, the
Company.

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  Broker to Cadogan Petroleum plc                        
 David Porter                                               +44 (0) 20 7894 7000  



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