Canadian Overseas Petroleum Limited (COPL) is a dual listed Oil&Gas exploration company, the company’s main asset is a 17% interest in Block LB-13 in Liberia where COPL will be carried through US$120m of exploration expenditure by the operator, ExxonMobil. The asset is considered a high impact exploration well and is scheduled to be drilled in Q4 2016. COPL net interest from LB-13 is 449.4 Million Barrel of Oil (P50).
COPL also has exciting exposure to prospective exploration assets in Nigeria, Equatorial Guinea and Namibia through its interest in ShoreCan, a 50/50 joint venture with major African conglomerate, Shoreline Energy International.
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