Company
Canadian Overseas Petroleum Limited
LON:COPL
Canadian Overseas Petroleum Limited is an oil and gas company, headquartered in Calgary, Canada. The company creates value through the acquisition, exploration, development and production of oil and natural gas reserves and holds interests in petroleum assets in the United States of America.
254 stories · page 1 of 3
Archive
Malcy's Blog - Oil price, Genel/GKP, Union Jack, Coro, COPL. And finally…
WTI (May) $69.26 -70c, Brent (May) $74.99 -92c, Diff -$5.73 -22c.USNG (Apr) $2.21 +6c, UKNG (Apr) 103.0p -2.01p, TTF (Apr) €42.250 -€0.85.Oil priceLast week actually saw a rebound, both blends rallied by north of two bucks, after the trauma
Archive
The Pay Zone - Genel, Scirocco, SDX, COPL.
Flash blog: Genel, Scirocco, SDX, COPL. Another flash blog from Fort Lauderdale today, all these stories will be added to where necessary and when I have had a chance to speak to the companies. Nothing much to add on the oil price front, al
Canadian Overseas Petroleum rebounds after Wednesday covenant warning
Canadian Overseas Petroleum shares rebounded 52% on Thursday
Canadian Overseas Petroleum tumbles on covenant warning
Canadian Overseas Petroleum is closing in on approval to release new shares to the London Stock Exchange after releasing fourth quarter results
Archive
Malcy's Blog - Oil price, IOG, Gulfsands, Predator, Angus, Capricorn, Getech, Serica, Kosmos, COPL. And finally…
WTI (Mar) $80.13 -$1.49, Brent (Mar) $86.13 -$2.06, Diff -$6.00 -57c.USNG (Feb) $3.25 -19c, UKNG (Feb) 141.25p -8.75p, TTF (Feb) €55.82 -€2.93.Oil priceOil gave up the week’s gains after mixed data from the US panicked buyers although they
Archive
Malcy's Blog - Oil price, Kistos, COPL. And finally…
WTI (Dec) $86.92 +$1.05, Brent (Jan) $93.86 +72c, Diff -$6.94 -50c. USNG (Dec) $6.03 +10c, UKNG (Dec) 280.0p -20p, TTF (Dec) €120.0 -€4.7.Oil priceThe see saw in oil prices continued yesterday as prices rose with markets following the bette
COPL revenues flat as oil price eases
Net average crude oil sales before royalties averaged 1,107 barrels daily
Archive
Malcy's Blog - Oil price, Chariot, COPL, Gran Tierra. And finally…
WTI (Dec) $88.17 -$1.83, Brent (Jan) $94.67 -$1.49, Diff -$6.50 +34c.USNG (Dec) $5.97 -29c, UKNG (Dec) 316.0p -9.01, TTF (Dec) €128.9 -€8.1.Oil priceThe US non-farm payrolls finish a week of international data that has seen 75bp rate rises
Archive
Malcy's Blog - Oil price, San Leon, Challenger, Arrow, Jadestone, COPL. And finally…
WTI (Dec) $86.53 -$1.37, Brent (Jan) $92.81 -96c, Diff -$6.28 +31c.USNG (Dec) $6.35 +67c, UKNG (Dec) 294.0p, TTF (Dec) €118.515 -€8.09.Oil priceOil fell yesterday as the last day of the month gave the punters the chance to dress the windows
COPL sees recompletion potential at Cole Creek
Information about Cole Creek's Frontier 1 assets was in hard files in storage
COPL to up production in Wyoming after flaring approval
"Oil production from the Shannon Unit will increase as production rates have been restricted in certain wells," said Arthur Millholland, COPL’s CEO
COPL says Wyoming hearing on an application by its affiliate to flare additional gas volumes has been delayed
Arthur Millholland, COPL president & CEO, commented: "While the delay in the hearing is unfortunate, the company's application is based on extensive and sound engineering which we look forward to presenting to the WOGCC in October"
Archive
Malcy's Blog - oil price, Angus, COPL, i3 Energy. And finally...
WTI (Oct) $86.79 +$3.25, Brent (Nov) $92.84 +$3.69, Diff -$6.05 +44c.USNG (Oct) $7.99 +8c, UKNG (Oct) 370.0 -34.0p, TTF € 196.0 -€84.33. Oil priceOil was flat last week with no need to reiterate all the reasons, save to say that further Cov
COPL 'significantly' upgrades reserves after Cuda deal
Net working interest 1P or proven reserves after royalties increase 47% to 17.3mln barrels equivalent, with discounted net present value 93% higher at US$255mln
Canadian Overseas Petroleum says chief executive buys 1mln shares
The oil and gas company recently announced the significant potential of its Converse County discovery in Wyoming
COPL reports steady revenues in second quarter
Petroleum sales, net of royalties, were unchanged from the first quarter at US$7.1mln
Canadian Overseas Petroleum says independent report underlines the significant potential of Wyoming oil discovery
Compiled by consultancy Ryder Scott, the document confirms the deep discovery has total original oil in place of 993.5mln barrels
Canadian Overseas Petroleum to boost US business as Cuda deal set to close
"I am delighted we have finally completed this acquisition,” said Arthur Millholland.
Canadian Overseas Petroleum reports steady first-quarter output as Cuda deal progresses
"We are proceeding with our objectives for 2022," said chief executive Arthur Millholland
COPL gets Canadian court approval for Cuda deal
COPL said it expects completion to occur sometime between 10 June and 10 July 2022, subject to US approval
FIVE at FIVE: Musk’s hostile tweets, COPL’s fundraiser, Netflix’s earnings and Rolls-Royce targets mini-reactors for 2029…
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
COPL raises US$13mln through placing
Each new share comes with half a warrant exercisable at 24p within six months.
COPL expands footprint in Wyoming with Cuda buy
It is "a deal we have been in hot pursuit of for some months".
Canadian Overseas Petroleum responds to “unfounded market rumours”
In a stock market statement, COPL reiterated its aims for 2022.
Canadian Overseas Petroleum celebrates year of “major positive change”
“This has been a transformative year and we look to the future with renewed confidence," Arthur Millholland said.
Canadian Overseas chief executive buys shares and wants more
In an “in-market” purchase, Millholland bought 665,000 shares of the US-based oil and gas producer at a price of US$0.58 per share
COPL shares surge on ‘significant and impressive’ new discovery
“Conventional light oil discoveries of this magnitude have been rare in continental North America for years," analyst Sam Wahab said.
COPL announces 'significant' conventional light oil discovery in Wyoming
“Conventional light oil discoveries of this magnitude have been rare in continental North America for years if not decades,” Arthur Millholland said
Canadian Overseas Petroleum appoints Little as non-executive director
Little has over 40 years of experience as an investment banker and specialist in the natural resources and energy sectors, as well as having significant experience in oil and gas equities markets
Canadian Overseas Petroleum raises US$8mln to expand Wyoming foothold
The funding bolsters the company's position as it seeks a deal in Wyoming
COPL shares surge as production rises in Wyoming
“With this strong response, upgraded facilities and continuing stable injection volumes we expect increased oil production, from this well and additional wells in the field," chief executive Arthur Millholland said.
Canadian Overseas Petroleum says Wyonming production continue to exceed expectations
Successfully operations were offset somewhat by higher butane prices, which impacts gas-injection production boosts.
Canadian Overseas Petroleum to undertake 100 into 1 share consolidation
It follows this year's transformational deal to acquire Atomic Oil & Gas
COPL boosted by new discovery as Wyoming assets continue to exceed expectations
Production continues to grow in the Barron Flats Shannon area, meanwhile, at the Deep unit a new exploration well had made a discovery
COPL chief exec says production performance is extraordinary
Arthur Millholland says the Atomic deal has reinvented the company.
COPL says Atomic assets are performing significantly ahead of expectations
"With the oil price and our assets performing ahead of expectation, the company is in a very good position for both the short and medium term," said Arthur Millholland
COPL shares to restart trading on August 17
An acquisition completed in March has transformed the oil and gas company
Canadian Overseas Petroleum reveals 50% rise in production
It comes as the company submitted quarterly results for the three months ended March 31.
Canadian Overseas Petroleum highlights 'truly outstanding' second half
“The acquisition of Atomic Oil and Gas LLC which closed in March of this year was transformative for COPL," chief executive Arthur Millholland said
Canadian Overseas Petroleum lays out plans for 'dramatic' production ramp-up
Atomic holds an operated interest in a large contiguous lease block in Converse County, Wyoming.
Canadian Overseas Petroleum set to complete Atomic Oil and Gas acquisition
“It is on track to happen today and we are excited to finalise the process"
Canadian Overseas Petroleum raises £14mln to hit the ground running with Atomic assets
The acquisition of Atomic Oil & Gas is set to close on March 15, with the injection of funds the company intends to kick-off development projects
Canadian Overseas Petroleum’s Atomic deal moves closer as US$65mln is financing approved by lender
"Approval of the credit facility by the lender's investment committee is a key milestone to completing the Atomic acquisition,” said Ryan Gaffney
Canadian Overseas Petroleum says Shoreline venture extends agreement with Essar
“When the restrictions are relaxed, we and our partners will act as soon practical to arrange and continue these discussions"
COPL says new Biden executive order will have “largely positive” effect as it advances Atomic acquisition
In December, COPL unveiled its transformational US$65mln deal to acquire privately-held onshore US producer Atomic Oil and Gas
Canadian Overseas Petroleum secures finance for Atomic acquisition
“The quality of the assets we are acquiring has allowed the company to attract the debt necessary to complete under better terms than other proposals," said Ryan Gaffney, CFO
Canadian Overseas Petroleum advances Atomic Oil & Gas acquisition
The company has cleared key milestones towards completing the 'game-changing' acquisition
Canadian Overseas Petroleum raises cash to fund Atomic Oil & Gas acquisition
The company said it has raised £6mln through a non-brokered private placement of units with both institutional and private investors
COPL does not expect suspension while it acquires Atomic Oil & Gas
COPL said it recently filed an approved prospectus with the FCA and had already produced a current competent person report on Atomic's assets
Archive
Proactive news headlines: COPL, AFC Energy, Genedrive, Tower Resources ...
A glance at some of the day's highlights from the Proactive Investors newswire
Canadian Overseas Petroleum soars on “game changing” acquisition in Wyoming
"This is a game-changing acquisition which will materially reposition COPL as a production company with assets that have a long-term lifecycle and rapid production opportunity,” said chief executive Arthur Millholland
Canadian Overseas Petroleum Limited extends deadline date for settlement with Essar
Coronavirus (COVID-19) restrictions on travel and meetings have delayed the process, COPL said
Canadian Overseas Petroleum confident OPL 226 exploration licence will be extended
Chief executive Arthur Millholland believes the delay is due to coronavirus (COVID-19) bureaucracy pressures
Canadian Overseas Petroleum says it continues to focus on growing its business
The strategy continues to look at new and existing assets for growth
Canadian Overseas Petroleum formally settles Essar dispute
Each party will bear their own costs of the legal actions
Canadian Overseas Petroleum’s JV extends deadline to conclude documents for Essar dispute settlement
“We continue to look forward to the future working relationship with Essar to unlock the potential of OPL 226," said chief executive Arthur Millholland
Canadian Overseas Petroleum raises £1.3mln in placing
Chief executive Arthur Millholland said the company would now have a firmer financial footing going forward
Canadian Overseas Petroleum extends deadline to sign-off Essar agreements
“With the commercial terms settled in the agreement in principle, the legal language over a number of agreements has taken time to conclude," said chief executive Arthur Millholland
COPL makes interim chief financial officer Ryan Gaffney permanent, completes financing
"He will be a great addition to the company's management team as the company moves forward with its business plan”, COPL president and chief executive Arthur Millholland said
COPL refinanced after share price soars, posts quarterly results
COPL has refinanced itself through two placings to raise £1.2mln
COPL inks non-brokered subscription agreement for a £500,000 equity placing with one investor
The international oil and gas exploration and development company, which is focused on sub-Sahara Africa, said the subscription is an upsize, or similar, of a previous placement announced on June 23 with the same investor