CALGARY, AB--(Marketwired - Nov 27, 2014) - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (
Arthur Millholland, President and CEO commented "We are deeply concerned for the people of Liberia as they work to overcome Ebola with the help of the international community. LB-13 is a foundation asset for the company and we look forward to returning to Liberia soon to complete exciting work already begun. The delays we are experiencing should not be considered a reflection on the prospectivity of LB-13, nor the desire of those involved to complete the drilling of the exploration well required under this phase of the PSC."
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 actively evaluating opportunities in Nigeria as part of its strategy to generate stable cash flow from secure offshore assets.
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.
Contact Information:
CONTACT INFORMATION
Canadian OverseasPetroleum Limited
Mr. Arthur Milholland
President and CEO
Tel: + 1 (403) 262 5441
Investor and Public Relations
Bell Pottinger
Henry Lerwill
North America Toll Free: +1 866 834 8330
Phone: +44 (0) 203 772 2500
CHF Investor Relations
Robin Cook
Senior Account Manager
Tel: +1 (416) 868 1079 ext. 228