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Exhibit 1
The shares of common stock of CanArgo Energy Corporation reported
on this Schedule are held by JKX Nederland B.V., an indirect wholly-owned
subsidiary of JKX Oil & Gas plc organized under the laws of The
Netherlands. The principal executive offices of JKX Nederland B.V. are at
Aert van Nesstraat 45, 4th Floor, 3012 CA, Rotterdam, The Netherlands.
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