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Last C$0.07 CAD
Change Today 0.00 / 0.00%
Volume 131.4K
XOP On Other Exchanges
As of 3:36 PM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

canadian overseas petroleum (XOP) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/7/14 - C$0.27
52 Week Low
12/16/14 - C$0.06
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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canadian overseas petroleum (XOP) Details

Canadian Overseas Petroleum Limited, together with its subsidiaries, is engaged in the identification, acquisition, exploration, and development of oil and natural gas offshore reserves. The company holds a 17% working interest in Block LB-13, offshore Liberia; and exploration acreage interests on the north island of New Zealand. It operates primarily in offshore West Africa and New Zealand. The company was formerly known as Velo Energy Inc. and changed its name to Canadian Overseas Petroleum Limited in July 2010. Canadian Overseas Petroleum Limited is headquartered in Calgary, Canada.

13 Employees
Last Reported Date: 03/26/15

canadian overseas petroleum (XOP) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$364.2K
Vice President of Operations
Total Annual Compensation: C$312.7K
Chief Financial Officer, Director, Member of ...
Total Annual Compensation: C$338.9K
Vice President of Business Development and Ge...
Total Annual Compensation: C$119.6K
Vice President of Exploration
Total Annual Compensation: C$273.4K
Compensation as of Fiscal Year 2014.

canadian overseas petroleum (XOP) Key Developments

Canadian Overseas Petroleum Limited Announces Executive Changes

Canadian Overseas Petroleum Limited announced that Mr. Chris Mclean, the company's chief financial officer, is taking a leave of absence for health reasons following a serious road traffic accident. Mr. Mclean remains a director of the company, but the board has agreed that in his absence Ms. Kristin Obreiter will serve as acting chief financial officer with immediate effect. Ms. Kristin Obreiter has served as the company's financial controller since 2013.

Canadian Overseas Petroleum Limited Auditor Raises 'Going Concern' Doubt

Canadian Overseas Petroleum Limited filed its Annual on Mar 26, 2015 for the period ending Dec 31, 2014. In this report its auditor, Deloitte & Touche LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Canadian Overseas Petroleum Limited, Annual General Meeting, May 13, 2015

Canadian Overseas Petroleum Limited, Annual General Meeting, May 13, 2015., at 14:00 Mountain Daylight. Location: Ranchmen's Club. Agenda: To receive the financial statements for the year ended December 31, 2014 and the auditor's report thereon; to elect nominees to the board of directors to serve until the next annual general meeting of shareholders; to appoint an auditor for the ensuing year and authorizing the directors to fix their remuneration; to consider, and if thought advisable, passing, with or without variation, an ordinary resolution, the particulars of which are set out in the accompanying Information Circular, relating to the renewal and approval of the existing stock option plan of the corporation ; and to transact such other business as may properly come before the meeting or any adjournment thereof.


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