Last checked at 4 Apr 2014 07:00
Canadian Overseas Petroleum
Admission to Trading and First Day of Dealings
Calgary, Canada, April 04, 2014 - Canadian Overseas Petroleum Limited ("COPL" or "the Company") (TSX-V: XOP, LSE: COPL), the offshore West Africa focussed oil and gas exploration and development company, is pleased to announce its admission to the standard listing segment of the Official List, and its admission to trading and first day of dealings today on the London Stock Exchange's Main Market for listed securities.
Mr. Arthur Millholland, President and CEO of COPL commented,
"Our listing on the Main Market of the LSE today and the successful fundraising is an important milestone in COPL's development as we move forward with our operations in West Africa."
About the Company
COPL is an international oil and gas exploration and development company focused in the offshore West Africa. The Company holds a 17% working interest in Block LB-13, offshore Liberia, with ExxonMobil the operator holding an 83% working interest. COPL is carried by ExxonMobil for its share of the first $120 million of gross drilling costs of a two well exploration programme planned for 2014. COPL also holds exploration acreage with shale oil potential on the north island of New Zealand.
For Further Information Please Contact:
Mr. Arthur Millholland, President and CEO
Phone: 403.262.5441
Rob Elgie, Manager of Investor Relations
Phone: 403.262.5441
Bell Pottinger, public relations
Mark Antelme or Henry Lerwill
Phone: +44 (0) 207 861 3160
Financial Advisor and Joint Broker
GMP Securities Europe
Phone: +44 (0)20 7647 2800
Joint Broker
finnCap
Phone: +44 (0)20 7220 0500
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.