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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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