Annual Financial Report

Overview

The report presents Cadogan Energy Solutions' 2024 performance amid the war in Ukraine, with gross revenues of $9.2 million and oil production of 129,272 bbl. It highlights diversification into electricity generation, including 12.3 MW of new projects planned for operation in H2 2025, and a gas-to-power project intended to reduce operational CO2 emissions. Safety performance remained strong, with zero LTI or TRI and more than 1,873,000 manhours since the last incident.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language: English
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