CALGARY, AB--(Marketwired - Sep 15, 2014) - In the news release, "Canadian Overseas Petroleum Ltd Announces Appointment Vice President of Business Development," issued earlier today by Canadian Overseas Petroleum Ltd (TSX VENTURE: XOP) (LSE: COPL), we are advised by the company that the first sentence of the first paragraph should read "Mr. Arthur Milholland, President and CEO of Canadian Overseas Petroleum Limited" rather than "Mr. Henry Milholland, President and CEO of Canadian Overseas Petroleum Limited" as originally issued. Complete corrected text follows.
Canadian Overseas Petroleum Ltd Announces Appointment Vice President of Business Development
CALGARY, AB -- Sep 15, 2014 --
Canadian Overseas Petroleum Limited
FOR IMMEDIATE RELEASE TSX Venture: XOP; LSE: COPL
Canadian Overseas Petroleum Limited Appoints Vice President Of Business Development and General Council
Calgary, Canada, September 15, 2014 -Mr. Arthur Milholland, President and CEO of Canadian Overseas Petroleum Limited (TSX VENTURE: XOP) (LSE: COPL) ("COPL" or "the Company") is pleased to announce the appointment of Dr. Richard Mays as Vice President of Business Development and General Council.
With his capital markets background and vast experience with off-shore projects Dr. Richard Mays is an ideal candidate for this role and COPL is delighted to retain an executive of his calibre.
Dr. Richard Mays is a qualified solicitor in Scotland and has served in several senior roles in the oil and gas industry. Until its recent sale to Impact Oil and Gas Limited, he served as Executive Chairman of Black Star Petroleum plc. He was formerly General Counsel and Director at DEO Petroleum plc, Executive Chairman of Peppercoast Petroleum plc and Vice President Commercial (Operations) at Oilexco North Sea Limited. He has provided consultancy and training services to a large number of oil and gas sector businesses. Richard is also a former Professor of Law and Deputy Dean of the Aberdeen business school.
On behalf of the Board of Directors,
Mr. Arthur Milholland
President and CEO
About Canadian Overseas Petroleum Limited
COPL is an international oil and gas exploration and development company focused in off-shore West Africa. The Company holds a 17% working interest in Block LB-13, off-shore Liberia, with ExxonMobil, the operator, holding an 83% working interest. COPL is actively pursuing opportunities in Nigeria as part of its strategy to generate stable cash flow from secure off-shore assets. COPL's Common Shares are listed under the symbol "XOP" on the TSX-V and under the symbol "COPL" on the London Stock Exchange.