Canadian Oversees Petroleum Limited is an international oil and gas exploration and development company focused in offshore West Africa. The Company holds a 17% working interest in Block LB-13, offshore Liberia, with ExxonMobil the operator holding an 83% working interest, where the drilling of a deepwater exploration well commenced in November 2016.
COPL has announced that ExxonMobil Exploration and Production Liberia Limited, an affiliate of ExxonMobil, has commenced drilling operations on the Mesurado-1 exploration well on November 22, 2016 utilising the Drillship Seadrill West Saturn. The Mesurado-1 well is located about 50 miles offshore Liberia on Block LB-13 in approximately 2500 m of water. The well, targeting oil in Late Cretacous sands is the first well operated by ExxonMobil offshore Liberia.
The company’s 100% owned subsidiary, Canadian Overseas Petroleum (Bermuda) Limited, holds a 17 percent interest in Block LB-13.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/24112016/copl-and-exxon-commence-liberian-drilling-operations/