Board and Management Changes

RNS Number : 7083T

Cadogan Petroleum PLC

10 June 2009

 



10th June 2009

Cadogan Petroleum plc

Board and Management changes

The Board of Cadogan Petroleum plc (the Company) announces that Vasyl Vivcharyk has agreed to resign as a Director and as Chief Operating Officer, and left the Company with effect from 9 June 2009. His duties will be fulfilled by the Executive Management team which has been augmented by the addition of Nick Corby, a non-executive Director since December 2006, who will become Commercial Director.

Resolution 6 in the Notice of the Annual General Meeting dated 29 May 2009, concerning the re-election of Mr Vivcharyk as a Director of the Company, is hereby withdrawn.

Strategy review

The Company intends to make an announcement next week concerning the operational and strategic review announced on 19 March 2009.

Ends

Pelham PR
James Henderson	[phone]
Evgeniy Chuikov	[phone]
Philip Dennis	[phone]

 

END

 

 

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