Canadian Overseas Petroleum Ltd COPL Q1-22 Results & Investor Meet Company Call (1859L)
12 Mayo 2022 - 1:01AM
UK Regulatory
TIDMCOPL
RNS Number : 1859L
Canadian Overseas Petroleum Ltd
12 May 2022
COPL Q1-22 Results & Investor Meet Company Call
London, United Kingdom; Calgary, Canada: May 12, 2022 - Canadian
Overseas Petroleum Limited ("COPL" or the "Company") (XOP: CSE)
& (COPL: LSE), an international oil and gas exploration,
production and development company with production and development
operations focused in Converse and Natrona counties, Wyoming, USA,
is pleased to announce that its Financial Statements and Management
Discussion and Analysis for the Quarter ending March 31, 2022 (the
"Q1-22 Results") will be filed on www.sedar.com and the Company's
website www.canoverseas.com after Canadian stock exchange hours on
Monday May 16, 2022. A news release with respect to the Q1-22
Results will be made at 7am London, UK on May 17, 2022.
In addition, COPL Management will update its shareholders with a
presentation via the Investor Meet Company platform to be scheduled
following the Q1-22 Results. A separate announcement on this will
follow in due course to confirm the date and time, with full
details on how to join the virtual presentation.
Arthur Millholland, CEO, commented: "We look forward to updating
the market on the Q1-22 Results and engaging with our shareholders
to discuss our prospects and plans at our Wyoming assets."
About the Company:
COPL is an international oil and gas exploration, development
and production company actively pursuing opportunities in the
United States with operations in Wyoming, and in sub-Saharan Africa
through its ShoreCan joint venture company in Nigeria.
The Company's Wyoming operations are one of the most
environmentally responsible with minimal gas flaring and methane
emissions combined with electricity sourced from a neighbouring
wind farm to power production facilities.
For further information, please contact:
Mr. Arthur Millholland, President & CEO
Mr. Ryan Gaffney, CFO
Canadian Overseas Petroleum Limited
Tel: + 1 (403) 262 5441
Cathy Hume
CHF Investor Relations
Tel: +1 (416) 868 1079 ext. 251
Email: cathy@chfir.com
Charles Goodwin
Yellow Jersey PR Limited
Tel: +44 (0) 77 4778 8221
Email: copl@yellowjerseypr.com
Peter Krens
Equity Capital Markets, Tennyson Securities
Tel: +44 (0) 20 7186 9033
Alex Wood & Keith Dowsing
Joint Broker
Alternative Resource Capital
AW: +44 (0) 7559 910872
KD: +44 (0) 7559 910873
Andrew Chubb / Neil Passmore
Advisors/Joint Brokers
Hannam & Partners
+44 (0) 20 7907 8500
The Common Shares are listed under the symbol "XOP" on the CSE
and under the symbol "COPL" on the London Stock Exchange.
This news release contains forward-looking statements. The use
of any of the words "initial, "scheduled", "can", "will", "prior
to", "estimate", "anticipate", "believe", "should", "forecast",
"future", "continue", "may", "expect", and similar expressions are
intended to identify forward-looking statements. The
forward-looking statements contained herein are based on certain
key expectations and assumptions made by the Company, including,
but not limited to, the ability to raise the necessary funding for
operations, delays or changes in plans with respect to exploration
or development projects or capital expenditures. Although the
Company believes that the expectations and assumptions on which the
forward-looking statements are based are reasonable, undue reliance
should not be placed on the forward-looking statements since the
Company can give no assurance that they will prove to be correct
since forward-looking statements address future events and
conditions, by their very nature they involve inherent risks and
uncertainties most of which are beyond the control of Canadian
Overseas Petroleum Ltd. For example, the uncertainty of reserve
estimates, the uncertainty of estimates and projections relating to
production, cost overruns, health and safety issues, political and
environmental risks, commodity price and exchange rate
fluctuations, changes in legislation affecting the oil and gas
industry could cause actual results to vary materially from those
expressed or implied by the forward-looking information.
Forward-looking statements contained in this news release are made
as of the date hereof and Canadian Overseas Petroleum undertakes no
obligation to update publicly or revise any forward-looking
statements or information, whether as a result of new information,
future events or otherwise, unless so required by applicable
securities laws.
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