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Canadian Overseas Petroleum Reports Q1 2017 Results


FOR: CANADIAN OVERSEAS PETROLEUM LTD
TSX VENTURE SYMBOL: XOP
LSE SYMBOL: COPL

Date issue: May 08, 2017
Time in: 2:00 AM e

Attention:

CALGARY, AB--(Marketwired - May 07, 2017) - Canadian Overseas Petroleum Limited (TSX VENTURE: XOP) (LSE: COPL)

(TSX-V: XOP)

Canadian Overseas Petroleum
Reports Q1 2017 Results

Calgary, Canada, May 5, 2017 - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (TSX-V: XOP; LSE: COPL), an international oil and gas exploration and development company focused on offshore West Africa, announces its results for the first quarter ended March 31, 2017.

The Company continues to interpret the data collected from the Mesurado-1 well drilled at LB-13, in December 2016. Meanwhile, through COPL's partnership with Shoreline Energy, the Company continues to source funds for the first drill at OPL 226, offshore Nigeria. To this end the Company has engaged COFARCO SAS of Paris France and Zeus Capital of London United Kingdom to source the required funds. COPL remains confident that it will meet the target drilling of an appraisal well in late 2017.

Click on, or paste the following link into your web browser, to view the
associated PDF document.
http://www.rns-pdf.londonstockexchange.com/rns/4023E_1-2017-5-8.pdf

For further information, please contact:

/T/
Mr. Arthur Millholland, President & CEO
Canadian Overseas Petroleum Limited
Tel: + 1 (403) 262 5441

Cathy Hume
CHF Investor Relations
Tel: +1 (416) 868 1079 ext. 231
Email: cathy@chfir.com

Harriet Jackson/Charles Goodwin
Yellow Jersey PR Limited
Tel: +44 (0) 75 4427 5882
Email: copl@yellowjerseypr.com

Broker: London Stock Exchange
Shore Capital Stockbrokers Limited
Edward Mansfield
Phone: T: +44 20 7468 7906
/T/

This information is provided by RNS
The company news service from the London Stock Exchange

END

- END RELEASE - 08/05/2017

For further information:
RNS
Customer Services
0044-207797-4400
rns@londonstockexchange.com
http://www.rns.com

COMPANY:
FOR: CANADIAN OVERSEAS PETROLEUM LTD
TSX VENTURE SYMBOL: XOP
LSE SYMBOL: COPL

INDUSTRY: Energy and Utilities - Oil and Gas
RELEASE ID: 20170508CC0005

Press Release from Marketwired 1-866-736-3779

All press releases are written by the client and have NO affiliation with the news copy written by The Canadian Press. Any questions that arise due to the content or information provided in the press release should be directed to the company/organization issuing the release, not to The Canadian Press.



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