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COPL confirms commitment to Liberia programme

By BFN News | 08:21 AM | Tuesday 02 June, 2015


Canadian Overseas Petroleum Limited has confirmed that it and its partner ExxonMobil, remain committed to completing their work programme in Liberia under the production sharing contract. COPL's update says: "NOCAL and ExxonMobil, the operator, continue to meet regularly to discuss operations, community and social responsibility activities and the fulfilment of the LB-13 work programme, which has been affected by the Ebola crisis. "The government of Liberia continues to provide its assurances that it will act under the terms of the PSC to provide the company and ExxonMobil sufficient time to complete their work programme, extending the current exploration period if necessary. "ExxonMobil continued to support relief organizations in Liberia throughout the crisis, demonstrating their commitment to the region. Now that Liberia has been declared Ebola-free by the WHO, the operator is planning next steps for operations." At 8:21am: (LON:COPL) Canadian Overseas Petroleum Limited Com Shs Npv share price was +0.01p at 4.63p Story provided by StockMarketWire.com

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