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All eyes on Canadian Overseas Petroleum's offshore Nigeria asset

Arthur Millholland, chief executive of Canadian Overseas Petroleum Limited (LON:COPL) tells Proactive they've engaged two investment banks for a potential funding of the group’s plans in Nigeria.

Paris based COFARCO SAS and London’s Zeus Capital have been tasked to raise funds for drilling on the OPL 226 asset, offshore Nigeria.

Quick facts: Canadian Overseas Petroleum Limited

Price: 0.185 GBX

LSE:COPL
Market: LSE
Market Cap: £9.01 m
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Canadian Overseas Petroleum's Nigeria financing 'coming together'

Arthur Millholland, chief executive of Canadian Overseas Petroleum Limited (LON:COPL CVE:XOP), discusses with Proactive's Andrew Scott the progress being made towards financing the development of the OPL226 licence offshore Nigeria. COPL’s  50% owned joint venture company Shorecan...

on 08/01/2018

2 min read