Board Change

RNS Number : 1266E
Canadian Overseas Petroleum Ltd
02 November 2015
 

 

 

Canadian Overseas Petroleum Limited

 

Board Change 

Calgary, Canada, November 2, 2015 - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (TSX-V: XOP; LSE: COPL), announces that Mr. Richard H. Schmitt, has resigned from the Board of Directors effective October 31, 2015.  On behalf of the Board of Directors, we wish Mr. Schmitt success in his endeavours.

 

About COPL

 

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 actively pursuing opportunities in Nigeria in partnership with Shoreline Energy as part of its strategy to generate stable cash flow from secure offshore assets.

ShoreCan is building a portfolio of exploration and development assets in sub-Saharan Africa. To date, ShoreCan has taken a position in Nigeria, Namibia and an option to take a position in Tanzania. It continues to evaluate a variety of assets in Nigeria, Equatorial Guinea and Mozambique.

COPL's Common Shares are listed under the symbol "XOP" on the TSXV and under the symbol "COPL" on the London Stock Exchange.

For further information on Canadian Overseas Petroleum, please link here: http://canoverseas.com/

For further information about Shoreline Energy, please link here:
http://www.shoreline-group.com/

For Further Information Please Contact:

Arthur Millholland, President and CEO

Phone: + 1 403 262 5441

 

Investor and Public Relations

 

Bell Pottinger

Henry Lerwill
+44 (0) 207 861 3800

North America Toll Free: +1 866 834 8330

 

CHF Investor Relations

Cathy Hume

+1 (416) 868 1079 ext. 231

Toll Free: +1 877 838 1079

 

Joint Brokers

 

GMP Securities Europe

Phone: +44 (0)0 7647 2800

 

 

 

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.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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