Canadian Overseas Petroleum Limited

Publication Of Research Note

Calgary, Canada & London, United Kingdom, October 12, 2021 - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (XOP: CSE) & (COPL: LSE), an international oil and gas exploration and production company, announces the publication of a research note by Alternative Resource Capital.

The research note has been compiled using publicly available information and can be accessed via Alternative Resources Capital's research portal: https://www.altrescap.com/research-and-events-portal/#/portal/alternative-resource-capital.

About the Company:

COPL is an international oil and gas exploration, development and production company actively pursuing opportunities in the United States with operations in Converse County Wyoming, and in sub-Saharan Africa through its ShoreCan joint venture company in Nigeria, and independently in other countries.

For further information, please contact:

Mr. Arthur Millholland, President & CEO

Mr. Ryan Gaffney, CFO

Canadian Overseas Petroleum Limited

Tel: + 1 (403) 262 5441

Cathy Hume

CHF Investor Relations

Tel: +1 (416) 868 1079 ext. 251

Email: cathy@chfir.com 

Charles Goodwin

Yellow Jersey PR Limited

Tel: +44 (0) 77 4778 8221

Email: copl@yellowjerseypr.com

Peter Krens

Equity Capital Markets, Tennyson Securities (Joint Broker)

Tel: +44 (0) 20 7186 9033

Email: peter.krens@tennysonsecurities.co.uk 

Alex Wood, Keith Dowsing

Alternative Resource Capital (Joint Broker)

Tel: +44 (0) 20 7186 9004/5