Canadian Overseas Petroleum Ltd - oil and gas exploration, production and development company with production and development operations focused in the Converse and Natrona counties, Wyoming - Says that oil production in the second quarter rebounded to an average of 1,250 barrels of oil per day, with production for the month of June averaging 1,249 barrels. Pipelining at the Barron Flats Shannon Unit caused intermittent interruptions in injection volumes and production volumes due to temporary shutdown of certain injection wells and production wells.
Construction of the Barron Flat's USD4.5 million high-pressure gas gathering system upgrade is on target for completion this month as previously disclosed.
Current stock price: 2.00 pence
12-month change: down 88%
By Holly Beveridge, Alliance News reporter
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