Cadogan Petroleum plc announced the change to its Executive Management: Adelmo Schenato has stepped down as Chief Operating Officer (COO) to take up the role of Chairman and CEO of Exploenergy, and will dedicate his time to following up on the award process of the licences. Schenato remains as a Non-Executive Director of Cadogan Petroleum plc and as Technical Advisor to Cadogan Petroleum's CEO.