@canoverseas.com
Canadian Overseas Petroleum Ltd is a exploration-stage company.
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Canadian Overseas Petroleum Limited is a leading international oil and gas exploration and development company. With a focus on minimizing environmental impact, they have developed a portfolio of high-quality producing assets. One example of their commitment to sustainability is their asset in the US, where all produced gas is recycled and sequestered back into the ground through a miscible gas flood scheme, eliminating natural gas flaring.
Their strategy is two-fold: first, they aim to accelerate production at their Wyoming assets through increased gas injection, drilling, and development. Second, they plan to expand their activities in Sub-Saharan Africa and other regions by accessing exploration, un-appraised and undeveloped assets, as well as producing assets. As an international player in the industry, Canadian Overseas Petroleum Limited is actively pursuing opportunities in the United States and sub-Saharan Africa.
They have a joint venture company in Nigeria called ShoreCan, and also operate independently in other countries. A significant milestone for the company was their acquisition of Atomic Oil and Gas LLC and its affiliate companies in December 2020. This acquisition has had a transformational impact, providing a growing revenue stream and supporting the group's strategic objectives
Company Type
Public Company
Company Size
11-50
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