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IN BRIEF: Cadogan Petroleum 2021 production up 20% on year before

11th Jan 2022 21:35

Cadogan Petroleum PLC - London-based oil & gas company - Says that in 2021, production continued to grow. Net oil production was 127,662 barrels corresponding to an average of 350 barrels per day, up 20% from 2020. "This production result was achieved thanks to the full operation of the 4 wells and the optimisation of the operational regimes of these wells, in particular the Blazhiv-10 well," company says.

Current stock price: 3.48 pence

12-month change: up 14%

By Greg Roxburgh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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