Cadogan Petroleum is expecting a special permit for Bitlyanska Area

Cadogan Petroleum Group's Yusenko Nadra applied for a special permit for geological exploration for further extraction at the Bitlyanska Licensed Area in the Lviv region for the period of 20 years. This is stated in the company message on Facebook page, October 15, 209.

This is the second special permit after Blazhivsk field, which the company is expecting to receive.

Expro Reverence:

Cadogan Petroleum is a British independent oil and gas company which is quoted on the London Stock Exchange and operating in Ukraine since 2006. The current production activity of the Cadogan Group is focused on the Monastyretske and Bitlyanske areas of the Precarpathian Strait, located in the Lviv region through the companies: Yusenko Nadra LLC and Yusenko Ukraine Inc., a subsidiary of Yusenko International Inc.

Yusenko Ukraine SE of Yusenko International Inc. -The Head: Andrey Levitsky; founder: Kadogan Bitlyanske BV (Netherlands) with a statutory contribution of UAH 347 million (100% shares).

Yusenko Nadra LLC – The Head: Andrey Levitsky; founders: SE YUSENKO Ukraine with a statutory contribution of UAH 14.25 million (95% of shares); SE Zahidukrgeologiya (NJSC Nadra Ukrayny) with a statutory contribution of 0.75 million UAH (5% of shares)

16:45 / 15 October, 2019

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