KYIV, Jan 17 – Cadogan Petroleum Plc, Britain's oil and gas company with assets in Ukraine, boosted average daily production by 61% in 2018 compared with 2017, to 250 barrels of oil equivalent per day (boepd).
According to a company report on the website of the London Stock Exchange (LSE), the figure was reached, despite the Cheremkhivske gas field being shut-down in May, due to the award of the extension of the production license being delayed. It was 25% above the production target announced for the year.
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