Canadian Overseas Petroleum Recognized as a TSX Venture 50 for 2014
13 February 2014 - 3:22AM
Marketwired
Canadian Overseas Petroleum Recognized as a TSX Venture 50 for 2014
CALGARY, ALBERTA--(Marketwired - Feb 12, 2014) - Canadian
Overseas Petroleum Limited ("COPL" or "the Company")
(TSX-VENTURE:XOP), is pleased to announce that the Company has been
recognized as one of the "TSX Venture 50" for 2014, which
identifies the top 50 performing companies in the sectors of Clean
Technology, Diversified Industries, Mining, Oil & Gas and
Technology & Life Sciences on the TSX Venture Exchange. The
rankings are made based on the criteria of market capitalization
growth, share price appreciation, trading volume and analyst
coverage.
Mr. Arthur Millholland, President and CEO of COPL, commented:
"We are thrilled with what we were able to accomplish in 2013 and
thank the TSX Venture Exchange for their recognition as one of the
TSX Venture 50. We have an exciting year planned for 2014 with the
upcoming exploration campaign offshore Liberia and our focussed
plans to continue to develop and grow the portfolio in West
Africa."
About the Company
COPL is an international oil and gas exploration and development
company focussed 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.
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.
Canadian Overseas Petroleum LimitedMr. Arthur
MillhollandPresident and CEO+1 403 262 5441Canadian Overseas
Petroleum LimitedRob ElgieManager of Investor Relations+1 403 262
5441Bell Pottinger, public relationsMark Antelme or Henry
Lerwill+44 (0) 207 861 3160
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