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Saturn Oil & Gas Inc Announces $525 Million Accretive Core-Area Saskatchewan Asset Acquisition, Transformational Debt Recapitalization, $150 Million RBL Commitment and a $100 Million Bought Deal Equity Financing

Saturn Oil & Gas Inc Announces $525 Million Accretive Core-Area Saskatchewan Asset Acquisition, Transformational Debt Recapitalization, $150 Million RBL Commitment and a $100 Million Bought Deal Equity Financing
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Government receives 4 bids for deepwater energy exploration

Government receives 4 bids for deepwater energy exploration
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Investegate |Canadian O Seas Petr Announcements | Canadian O Seas Petr: Senior Credit Facility for up to US$65 million

  Calgary, Canada & London, United Kingdom, February 18, 2021 - Canadian Overseas Petroleum Limited ( COPL or the Company ) (XOP: CSE) & (COPL: LSE), an international oil and gas exploration and development company, today announces that:   · The Company has been notified that its previously announced US$65 million Senior Credit Facility ( Credit Facility or Facility ) was approved by the Investment Committee of the Lender, a US based Global Investment Firm (the Lender ) · This represents a significant positive step in the previously disclosed planned process of obtaining financing and completing the closing of its acquisition of Atomic Oil and Gas LLC ( Atomic ) and its related entities, as announced on December 16, 2020.

Canadian Overseas Petroleum Limited (LSE:COPL) | RNS | Canadian O Seas Petr - Senior Credit Facility for up to US$65 million

Canadian Overseas Petroleum Limited (LSE:COPL) | RNS | Canadian O Seas Petr - Senior Credit Facility for up to US$65 million
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