Result of AGM

16 June 2010

                            Cadogan Petroleum plc

                                 ("Cadogan")

                                Result of AGM

The annual general meeting of Cadogan Petroleum PLC was held on 16 June 2011
at 2pm.

A poll was conducted on each resolution proposed at the meeting and the
results are detailed below:

                                     For             Against      Total votes Votes
                                                                  cast        withheld1
Resolution           Special/ No. of      %     No. of      %     No. of      No. of
                     Ordinary votes             votes             votes       votes
1. To receive the    Ordinary 131,850,055 99.50     658,518  0.50 132,508,573           0
accounts and reports
of the directors and
auditors

2. To approve the    Ordinary 117,771,872 89.94  13,166,468 10.06 130,983,340   1,570,232
Directors'
Remuneration Report

3. To re-appoint     Ordinary 130,310,855 98.35   2,192,718  1.65 132,503,573       5,000
A.Benedetti as a
director

4. To re-appoint B   Ordinary 130,310,855 98.35   2,192,718  1.65 132,503,573       5,000
des Pallieres as a
director

5. To re-appoint G   Ordinary 122,652,969 92.57   9,850,604  7.43 132,503,573       5,000
Stein as a director

6. To re-elect I     Ordinary 122,620,596 92.54   9,882,977  7.46 132,503,573       5,000
Baron as a director

7. To re-elect P     Ordinary 122,652,969 92.57   9,850,604  7.43 132,503,573       5,000
Dayer as a director

8. To re-elect N     Ordinary 124,660,869 94.08   7,842,704  5.92 132,503,573       5,000
Hooke as a director

9. Re-appoint        Ordinary 132,321,755 99.86     181,818  0.14 132,503,573       5,000
Deloitte LLP as
auditors of the
Company

10. Authorise the    Ordinary 132,321,755 99.86     181,818  0.14 132,503,573       5,000
Directors to
determine the
remuneration of the
auditors

11. Authorise the    Ordinary
directors to allot
shares pursuant to                                     WITHDRAWN
s551 of the
Companies Act 2005

12. Authorise the    Special
directors to allot
equity securities                                      WITHDRAWN
pursuant to s570 of
the Companies Act
2005

13. Authorise the    Special
Company to purchase
its own shares                                         WITHDRAWN

14. A general        Special  132,057,117 99.72     376,456  0.28 132,433,573       5,000
meeting may be
called on not less
than 14 days notice

15. Authorise the    Ordinary 132,218,255 99.78     290,318  0.22 132,508,573           0
directors to adopt a
trust for the
benefit of directors
and employees of the
Company and its
group

16. Authorise the    Ordinary 119,252,104    90  13,251,468    10 132,503,572       5,000
amendments to the
2008 Share plans

1. A vote withheld is not a vote in law and is not counted in the calculation
of votes validly cast for or against a resolution.

All resolutions put to the meeting were carried.

Copies of the resolutions passed as special business at the AGM will shortly
be available for inspection at the National Storage Mechanism, which is
located at:

http://www.hemscott.com/nsm.do

Stefan Bort

Secretary