Canadian Overseas Petroleum Ltd (LSE:COPL, CSE:XOP, FRA:V9LA, OTC:VELXF) (COPL) chief executive Arthur Millholland joined Proactive’s Stephen Gunnion with details of the company’s second-quarter results and an operations update.
Millholland telling Proactive that its Wyoming assets continue to perform well beyond COPL’s initial expectations, with crude oil production increasing 123% since April 1, 2021. The company has also announced an oil discovery at its 100% owned Barron Flats Federal unit.