Cadogan Petroleum Plc receives Blazhiv license from licensing authority of Ukraine

  • Dec 20, 2019 GMT
  • Team Kalkine
  Cadogan Petroleum Plc (LON: CAD) has informed about the Blazhiv license award.
  • The company has announced that the licensing authority of Ukraine has given the final consent for the 20-year production license for the Blazhiv field.
  • The company has already paid the license fees for the Blazhiv license which was earlier known as Monastyretska license and has begun its production operations.
  • On 20th December 2019, at the time of writing, GMT 08:04 AM, CAD shares were trading at GBX 5.47, up by 0.62 points or 12.89% against the previous day closing price.

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