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Canadian Overseas Petroleum Ltd - Calgary, Canada-based oil and gas company - Says resource report prepared by an independent energy consultancy has confirmed its deep oil discovery in the US state of Wyoming. Confirms 993.5 million barrels at the Wyoming discovery. ‘This independent report validates what we announced at the start of the year and highlights the significant potential of our fantastic Wyoming asset. Compiled to Canadian regulatory standards, the report gives a conservative view, and we expect to see further exploration upside in due course once our drilling program gets under way in the coming months,’ says Chief Executive Arthur Millholland.
Current stock price: 17.99 pence
12-month change: down 55%
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