Cadogan Petroleum Plc: Sale of Astroinvest Ukraine

Source Press Release
Company Cadogan Petroleum PLC 
Tags Corporate Deals, Deals, Refining & Marketing Activities
Date November 15, 2019

Cadogan Petroleum plc (“Cadogan”), an independent, diversified oil & gas company listed on the main market of the London Stock Exchange, is pleased to announce that it has reached an agreement with Ukrinvest Group for the sale of AstroInvest Ukraine LLC for a total consideration of $1.2 million, bringing the total amount from the sale of legacy assets to $4m in recent weeks.

AstroInvest Ukraine LLC is one of two wholly owned subsidiaries, based in the East of Ukraine.

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