Canadian Overseas Petroleum Limited
Canadian Overseas Petroleum Limited
Welcome
Canadian Overseas Petroleum Limited is an oil and gas company, headquartered in Calgary, Canada that creates value through the acquisition, exploration, development and optimization of producing assets in North America and Sub-Saharan Africa. Our shares trade on the London Stock Exchange (“COPL”) and on the Canadian Securities Exchange (“XOP”).
Our strategy has two key elements
Accelerate production at the company’s Wyoming assets through increased gas injection, drilling and development
Expand activities in Sub-Saharan Africa and elsewhere by accessing exploration, unappraised and undeveloped assets as well as producing assets
Our team of highly skilled geoscientists, engineers and executive management have significant experience across multiple areas including North American producing basins, the UK Continental Shelf, West Africa offshore basins, and a variety of other regions across the world. They have a proven track record of finding oil and gas and then developing the production assets quickly and efficiently.
Board of Directors
Our Board of Directors plays an active role in developing our corporate strategy and ensures that management has the necessary tools to successfully execute it. Our first and foremost duty is to our shareholders and to act in their best interests in all that we do. Currently our Board has 6 directors, 4 of whom are independent. All are experienced directors who possess breadth and depth in the corporate world, and who currently hold or have held senior management positions for diverse, global companies.
Harald H. Ludwig
Chairman, Independent Director
Mr. Ludwig has over 30 years of extensive business and investment experience, and is currently the President of Macluan Capital Corp. (a diversified private equity investment company). He was a member of the Board of Directors of Lions Gate Entertainment Corp. (NYSE) from June 2005 to September 2016, a Director of West Fraser Timber Co. Ltd. (TSX) from May 1995 to April 2017 and a Director of Seaspan Corporation (NYSE) from August 2012 to April 2018. He is a founding partner or private equity investor in a number of North American and international private equity firms, hedge funds, mezzanine lenders, growth capital providers, distressed investment firms and real estate investment vehicles.
Massimo C. Carello
London, United Kingdom
Mr. Carello has over 40 years of international senior management and board level experience and in the past ten years has operated as an independent businessman providing services as a consultant and managing his own investment portfolio. Mr. Carello was a director of Orsu Metals Corp. from September 2008 until December 2016 and a director of Canaccord Genuity Group Inc. from August 2008 until August 2018. Before moving to UK in 1990, where he currently lives, Mr. Carello was the President and Managing Director of Carello Group SpA. The company was the third largest European headlamp producer before being sold to the Fiat Group. Mr. Carello is a Knight Commander of the Royal Order of Francis I of the Two Sicilies, and has a degree in Political and International Sciences from the University of Turin.
Nigel Little
United Kingdom
Mr. Little has built a distinguished career, spanning more than forty years within the investment banking sector. As a leading figure and specialist within the natural resources and energy sectors, Mr. Little has tremendous experience in the oil and gas equities markets and has been involved with a number of significant capital raises for several large UK- and international-based oil and gas companies. In his career, Mr. Little has occupied a variety of senior positions, including Head, Senior Executive, Senior Advisor and Advisory Board member to several prestigious investment banking firms.
John F. Cowan
Sarnia, Ontario, Canada
Mr. Cowan, a petroleum geologist, has been involved in the Canadian oil and gas industry for 40 years. During this period he and his team founded three publicly listed Canadian junior exploration, production and storage companies. Mr. Cowan’s previous public company committee experience includes: Audit; Corporate Governance and Reserves; Health and Safety; and Compensation. Mr. Cowan 4,041,742 5 35,415,530 – 11 – Name & Location Of Residence Current Positions & Offices Held Principal Occupations During Past Five Years No. of Common Shares 1 No. of Common Share Options was a director of Dundee Energy Ltd. (TSX) from September 2011 until April 2017. Mr. Cowan is the Chair of COPL’s Audit Committee and Reserve Committee. In 2004 Mr. Cowan was a founding shareholder and President of Xtivity Inc. a closely held, Maintenance Inventory Optimization firm. The company was sold February 28, 2020, and on April 2, 2020, Mr. Cowan became a founding shareholder and President of BrineTech Inc, a privately held, petroleum-sector, industrial brine operator in Ontario.
Arthur S. Millholland
Calgary, Alberta Canada
The President and CEO of the Issuer since August 2009. Prior thereto, Mr. Millholland was a Director and the President and CEO of Oilexco Incorporated from 1994 until July 2009. Mr. Millholland was a member of the Board of Directors of Rupert Resources Ltd. from March 2014 to December 2017. He has been a Professional Geologist for over 36 years. Mr. Millholland has worked in a variety of regions including the UK North Sea, Canada, the Gulf of Mexico, the United States, South America, and West and North Africa. He is a member of the American Association of Petroleum Geologists. He is a graduate of the University of Waterloo where he obtained an Honours Bachelor of Science degree in Earth Science.
Ryan Gaffney
Chief Financial Officer
Mr. Gaffney has been COPL’s Chief Financial Officer since July 2020. He has been an advisor and consultant to COPL since 2017. He has extensive experience providing corporate finance advice and services to oil and gas companies and mining companies including fundraising, mergers and acquisitions advice. Mr Gaffney was previously Managing Director with investment bank Canaccord Genuity Limited and Canaccord Genuity Corp. where he was employed from 2002 to 2015. He was a Non-Executive Director of Australian Stock Exchange listed Auroch Minerals Limited from 2016 to 2019. He holds a BSBA from the Daniels College of Business at the University of Denver and is founding shareholder and advisor (from 2016 to 2019) to Funder-Inc. (trading as MatchPlay Entertainment Limited), a fundraising platform that uses white-label sweepstakes to incentivise more people to give to good causes they care about on a regular basis.
Contact information
Head Office
3200, 715 – 5th Avenue SW
Calgary, Alberta
Canada T2P 2X6
Phone: +1 403.262.5441
Fax: +1 403.263.3251
North American Investor Relations
Cathy Hume – CEO CHF Investor Relations 401 Bay Street Suite 2702, Toronto, ON M5H 2Y4, Canada Phone: 416.868.1079 ext.251 cathy@chfir.com
UK Public Relations
Yellow Jersey Pr
30 Stamford Street
London SE1 9LQ
Charles Goodwin/Harriet Jackson
Phone: +44 (0)203 735 8825
copl@yellowjerseypr.com
Headquarters - SWProduction
390 Union Boulevard, Suite 250,
Lakewood, Colorado 80228
Phone: 303.534.6500
Field Emergency: 833.430.3529
General Contact E-mail: Info@swproduction.com
Emergency Contact E-Mail: Notify@swproduction.com
