Cadogan Signd Technical Service Agreements

Source: www.gulfoilandgas.com 2/24/2016, Location: Asia

Cadogan is pleased to announce that it has entered into separate technical service agreements with LLC "Brend-Vik LTD", a Ukrainian geoscience consultancy firm, and GM&P a Milan based petroleum consultancy firm. These agreements are instrumental to pursuing Cadogan's strategy of refocusing the E&P business on low cost, close-to-production targets, both in Ukraine and internationally.

Guido Michelotti, Cadogan's CEO commented "we are delighted to announce these partnerships as they supplement Cadogan's skills with a wealth of experience in all segments of the E&P cycle. This experience will assist Cadogan's management in re-assessing the existing Ukrainian portfolio while screening for opportunities, both in Ukraine and internationally, which will allow the company to grow and diversify its asset base".


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