Cadogan suspends production in Ukraine
London-listed Cadogan Petroleum has temporarily suspended production operations in Ukraine in light of the escalating conflict there, the company reported on March 7.
Cadogan, which has interests in two conventional gas-condensate and oil licences in west Ukraine near the Polish border, said it was "taking every possible action to ensure the safety of ... employees and their essential needs," as well as all measures to secure its assets.
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"The company is continuing to monitor the situation very closely," it said. "Further updates will be delivered as appropriate."