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Share Price: 0.34
Bid: 0.33
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Change: 0.00 (0.00%)
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Open: 0.345
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Canadian Overseas Petroleum Says ExxonMobil Starts Drilling In Liberia

Wed, 23rd Nov 2016 10:54

LONDON (Alliance News) - Canadian Overseas Petroleum Ltd on Wednesday said drilling has started on the Mesurado-1 offshore well in Liberia.

ExxonMobil Exploration & Production Liberia Ltd have started the drilling work, the first well to be operated by US major Exxon Mobil Corp offshore Liberia.

Canadian Overseas Petroleum (Bermuda) Ltd, a wholly-owned subsidiary of Canadian Overseas Petroleum, owns a 17% interest in the Block LB-13 area where the well is located.

Canadian Overseas Petroleum shares were up 3.0% to 10.55 pence on Wednesday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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