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IN BRIEF: Canadian Overseas announces resignation of CFO Gaffney

ALN

Canadian Overseas Petroleum Ltd - London and Calgary, Canada-based oil and gas exploration company with operations in Wyoming, US - Announces that Chief Financial Officer Ryan Gaffney has stepped down from his role. Board ‘will be considering a process to identify qualified candidates’ to replace Gaffney, but notes this is taking place ‘amidst ongoing restructuring discussions’. Adds that Province LLC is supporting it through the provision of various operational and financial advisory services.

Current stock price: 0.095 pence, up 36% on Monday

12-month change: down 99%

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