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Oil & Gas

Canadian Overseas Petroleum chief financial officer steps down

Canadian Overseas Petroleum Limited (LSE:COPL, CSE:XOP, OTC:VELXF) has announced the departure of Ryan Gaffney as the company’s chief financial officer.

A process to identify qualified candidates to fill Gaffney’s position will be explored by the board as ongoing restructuring discussions continue, the oil and gas exploration firm said on Monday.