IN BRIEF: Canadian Overseas Investee Extends Dispute Completion Date

Mon, 26th Oct 2020 16:21

Canadian Overseas Petroleum Ltd - oil and gas exploration and development company focused on offshore Africa - Announces that its 50% owned joint venture company, Shoreline CanOverseas Petroleum Development Corp Ltd and Essar Exploration & Production Ltd have agreed to extend completion date to resolve disputes to January 29. Dispute relates to Shoreline CanOverseas and Essar's obligations under the Essar Exploration & Production Ltd agreement in Nigeria.

Current stock price: 0.25 pence

Year-to-date change: up sharply from 0.070p

By Eric Cunha; ericcunha@alliancenews.com

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