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Canadian Overseas Petroleum Limited Requests Management Cease Trade Order to Allow for Additional Time to Prepare Interim Financial Statements for the Period Ending March 31, 2021


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CALGARY, AB / ACCESSWIRE / May 12, 2021 / Canadian Overseas Petroleum Limited (the
Company ) (CSE:XOP)(LSE:COPL), an international oil and gas exploration and development company, today announces that is has requested a temporary Management Cease Trade Order (
MCTO ) from the Alberta Securities Commission (
ASC ) in connection with the Company s filing of its unaudited interim financial statements and the applicable CEO and CFO certifications in respect of such filings for the period ended March 31, 2021 (collectively the
Interim Filings ).
Atomic ) and Southwestern Production Corp. (
SWP ), two closely held oil and gas companies with producing oil and gas assets in Wyoming, United States (the
Acquisition ). The Acquisition closed on March 16, 2021 with an effective date of December 1, 2020. The Company has not yet received the audited financial statements of Atomic and SWP for the year ended December 31, 2020, which are required to com ....

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Canadian Overseas Petroleum Ltd highlights 'truly outstanding' second half


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Canadian Overseas Petroleum highlights truly outstanding second half
“The acquisition of Atomic Oil and Gas LLC which closed in March of this year was transformative for COPL, chief executive Arthur Millholland said
Canadian Overseas Petroleum Ltd (LON:COPL, TSE:XOP) described a remarkable year as it filed its full-year results.
“The first half of the year was difficult, but was truly outstanding at year-end,” chief executive Arthur Millholland said in a statement.
“The acquisition of Atomic Oil and Gas LLC which closed in March of this year was transformative for COPL.
“In 2020 we managed to recapitalize the company which allowed for the acquisition of Atomic and the associated equity and debt financings.” ....

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