COPL raises US$13mln through placing
Each new share comes with half a warrant exercisable at 24p within six months.
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.
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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"