Director dealings: Cadogan Energy CEO raises stake
23rd Feb 2024 13:24
(Sharecast News) - Cadogan Energy Solutions revealed on Friday that chief executive Fady Khallouf had acquired 3.32m ordinary shares in the UK-based energy company.
Read moreCadogan Petroleum installs new sucker rod pump at Monastyretska
8th Oct 2019 11:57
(Sharecast News) - Cadogan Petroleum updated the market on its activities in Ukraine on Tuesday, reporting that on the Monastyretska licence, a new sucker rod pump has been installed on the Blazh 10 well.
Read moreCadogan's cash position falls as it looks for gas price recovery
27th Aug 2019 10:04
(Sharecast News) - Independent oil and gas company Cadogan Petroleum reported a 27% year-on-year improvement in its average oil production to 297 barrels of oil equivalent per day in its first half on Tuesday, which was also 19% higher than 2018 average production.
Read moreAscent shares rocket as Cadogan confirms combination talks
29th Mar 2016 11:57
(ShareCast News) - Cadogan Petroleum confirmed its interest in Ascent Resources on Tuesday, but offered little insight into what shape any possible combination might take. The AIM-traded Ascent had announced on Thursday that it received a preliminary approach from Cadogan, leading to a notable rise
Read moreUkraine unrest no cause of disruption, says Cadogan Petroleum
21st Nov 2014 13:44
Ukraine-focus explorer and producer Cadogan Petroleum said that 2014 has so far been "broadly positive", as the company has cut its costs base and lowered the risk of new prospects in its license areas. The oil producer said it had been monitoring the political situation in Ukraine since July but re
Read moreWednesday broker round-up UPDATE
18th Dec 2013 08:44
Berendsen: Panmure Gordon raises target price from 761p to 917p, while retaining its hold recommendation. British American Tabacco: Nomura cuts target price from 3840p to 3720p, while staying with its buy recommendation. bwin.party: Daniel Stewart reduces target price from 173p to 146p, while its
Read moreCadogan suffers leakage from annulus to bottom packer
10th Oct 2013 11:56
Cadogan Petroleum has reported an improvement in its well performance at the Borynya 3, but admitted it had encountered problems with brine leakages. The firm said that following a process involving a light acid wash, flaring and hydrocarbon samples revealed that oil, condensate and gas were prese
Read moreCadogan reaches agreement with GPS for gas plant purchase
16th Apr 2013 08:48
Cadogan Petroleum and Global Process Systems (GPS) have reached an agreement concerning the purchase of two gas processing plants by GPS for 29.5m dollars. Upon Cadogan's receipt of the sale price, the agreement will represent a full and final settlement of all claims and liabilities between them.
Read moreCadogan: New exploration potential discovered on multiple licences
21st Feb 2013 10:21
Oil and gas exploration company Cadogan Petroleum has identified new and economically viable exploration and production potential at most of its existing licences, an operational update has shown. The company, which has onshore gas and condensate assets in the Ukraine, reported that it had applied
Read moreCadogan Petroleum production falls
31st Aug 2012 08:58
Declining production and growing losses have seen Ukraine-focused oil and gas company Cadogan Petroleum fall sharply in Friday morning trading. The group has announced losses for the six months to the end of June of $7.1m, worse than the $5.8m seen in the same period of the previous year. Resource
Read moreResource stocks round-up: ZincOx, Cadogan, Afferro...
30th Apr 2012 10:32
ZincOx Resources says the initial production test at its Korean recycling plant saw production ramped up to 50% of capacity and produced zinc concentrate and direct reduced iron. The operation of the final piece of equipment, the hot briquetting machine, will occur during the next test run. While o
Read moreResource stocks round-up: Beacon Hill, Trap Oil, Magnolia
19th Mar 2012 08:59
Mozambican coal producer Beacon Hill Resources has signed a strategic marketing partnership with Vitol Group, the world's largest energy trading company. Vitol will act as agent to market export coal produced by Beacon Hill's Minas Moatize mine. Trap Oil, the independent North Sea oil & gas explora
Read moreCadogan tumbles after drilling disappointment
12th Oct 2011 08:53
Ukraine-focused oil and gas firm Cadogan Petroleum lost almost 30% of its market value on Wednesday morning after giving an update on the ongoing drilling and well testing programme on the Pokrovska and Zagoryanska gas fields in eastern Ukraine. Logging of the Pokrovska 1 well indicated it to be w
Read moreCadogen eyes sea change in prospects
25th Aug 2011 08:28
Ukraine-focused oil and gas firm Cadogan Petroleum fell into the red in the first half of the year but hailed a 'transformation' in the company's prospects. In the six months to the end of June 2011 Cadogan posted a loss before tax of £3.8 million, compared with a £0.4m profit the year before. But
Read moreCadogan bosses buy shares
25th May 2011 17:18
Chief executive Ian Baron and finance boss Gordon Stein have been upping their stakes in oil and gas group Cadogan Petroleum. Baron took 150,000 shares at 42.25p a time, paying a total of £63,375, and now has 650,000. Stein took 68,685 shares at 43p a pop, taking his holding to 193,685. Cadogan s
Read more