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Cadogan Energy Solutions Discloses 2023 Government Payments

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Cadogan Energy Solutions Discloses 2023 Government Payments

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Cadogan Petroleum ( (GB:CAD) ) has provided an announcement.

Cadogan Energy Solutions plc has released its consolidated report on payments to governments for the year ending December 31, 2023, focusing on its activities in the exploration, development, and extraction of oil and gas resources. The report, prepared in compliance with relevant financial regulations, details a total payment of $2,505,000 in production taxes to the Ukrainian government, specifically tied to the Blazhivske license area. This disclosure highlights Cadogan’s financial contributions to the state treasury and underscores its operational focus in Ukraine.

More about Cadogan Petroleum

Cadogan Energy Solutions plc is an independent energy company that operates an exploration and production license in Western Ukraine. It is involved in gas trading operations and provides services to exploration and production companies. The company aims to be a diversified energy group, investing in energy solutions and alternative services with a lower environmental impact.

Average Trading Volume: 143,487

Technical Sentiment Signal: Buy

Current Market Cap: £11.55M

For an in-depth examination of CAD stock, go to TipRanks’ Stock Analysis page.

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