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Asset sale will improve balance sheet, reduce go forward investment and allow for financially viable refocus Toronto, Ontario--(Newsfile Corp. - April 14, 2023) - General Assembly Holdings Limited (TSXV:
· Two operated oil fields in Wyoming, USA at start of their 40+ year life · ROI over 50% with $2.18/bbl acquisition cost vs a value of $7.52/bbl at NPV (10%) Calgary, Canada; London, United Kingdom; December 16, 2020 - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (XOP: CSE) & (COPL: LSE), an international oil and gas exploration and development company, today announces that it has agreed to acquire Atomic Oil & Gas LLC ("Atomic") for a consideration of US$54 million consisting of assumed debt, cash and shares. This strategic acquisition would represent a step...