Statement re change of listing

For immediate release

21 December 2011

                     Cadogan Petroleum plc (the "Company")                     

                Change of listing category on the Official List                

Cadogan Petroleum plc announces that following a resolution approved by its
shareholders at the General Meeting on 22 November 2011, the Company's listing
category was transferred from "Premium Listing" to "Standard Listing" on 20
December 2011.

Enquiries: Stefan Bort, Company Secretary, Cadogan Petroleum plc on 020 7487
8301

Website: http://www.cadoganpetroleum.com