Cadogan Petroleum Plc                             

                             ("Cadogan" or the "Company")                          

           2016 Annual Financial Report and Notice of Annual General Meeting       

    Tuesday 30 May 2017

    Cadogan Petroleum plc advises that the following documents were mailed to the
    Company's shareholders on Friday 26 May 2017:

      * Annual Financial Report 2016
       
      * Notice of Annual General Meeting and sample Proxy Form
       
    A full pdf version of the glossy Annual Financial Report 2016 together with the
    Notice of Annual General Meeting and sample Proxy Form will be available for
    download from the Investor Centre section on the Company's website 
    www.cadoganpetroleum.com.

    Copies of the Annual Financial Report 2016 and the Notice of Annual General
    Meeting and Proxy Form are being submitted to the National Storage Mechanism
    and will shortly be available for inspection at http://www.morningstar.co.uk/uk
    /NSM.  The Cadogan Petroleum  Annual Financial Report will be filed with the
    Registrar of Companies in due course and copies can be obtained from the
    Company Secretary, Cadogan Petroleum plc, 60 Gracechurch Street, London EC3V
    0HR.

    The Annual General Meeting will be held on Thursday 22 June 2017 at 11.00 am at
    Chandos House, 2 Queen Anne Street, London, W1G 9LQ.

    For further information please contact:

    Cadogan Petroleum plc               

    Guido Michelotti, Chief Executive Officer

    +380 (44) 594 5870

    Ben Harber, Company Secretary
    +44 0207 264 4366

    Cantor Fitzgerald Europe

    David Porter
    Sarah Wharry

    +44 (0) 20 7894 7000