Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Canadian Overseas Petroleum Limited Announces Listing on the Canadian Securities Exchange and Delisting from the TSX Venture Exchange Calgary, Canada, October 30, 2018 - Canadian Overseas Petroleum Limited (the "Company") (TSXV: XOP; LSE: COPL), is pleased to announce that its common shares will be delisted from the TSX Venture Exchange ("TSX-V") after the close of trading on October 30, 2018 and will be listed on the Canadian Securities Exchange ("CSE") commencing on the open of trading on October 31, 2018. The Company will trade under the symbol "XOP" on the CSE. About Canadian Overseas Petroleum Limited The Company is actively pursuing opportunities in Nigeria and sub-Saharan Africa in partnership with Shoreline Energy International Limited ("Shoreline") as part of its strategy to generate stable cash flow from secure offshore and onshore assets. The Company and Shoreline, through their jointly-held affiliated company Shoreline Canadian Overseas Petroleum Development Corporation ("ShoreCan"), have acquired 80% of the share capital, and have taken over the management of Essar Exploration and Production Limited (Nigeria) ("Essar Nigeria"). ShoreCan has applied to the concessionaire NNPC for formal consent for the change in control of Essar Nigeria. Essar Nigeria holds an attractive oil appraisal and development project in shallow to mid-water offshore Nigeria on its 100% holding in OPL 226. Drilling of the first appraisal well is planned to commence in 2018. ShoreCan continues building a portfolio of exploration and development assets in sub-Saharan Africa. To date, ShoreCan has taken a position in Nigeria and the Company and Shoreline have been awarded the PT-5b exploration license onshore Mozambique in the 5th Licensing Round adjacent to the producing PandeTemane Gas and light oil field complex. The Common Shares are listed under the symbol "COPL" on the London Stock Exchange.
After last being in around January, I’m back in now again at 0.24 for around 8k bought over a couple of days. It’s not all or nothing, but hopefully something in the next 3 to 6 months. I traded IQE over the last 8 months and have just closed my final short at 78p this week. So it’s a free punt. Huge potential is AM gets this off the ground. Happy to wait and see.
https://drillordrop.com/2017/01/11/live-updates-wressle-oil-production-decision-day/