Canadian Overseas Petroleum Limited Stock Options Grant

CALGARY, AB -- (Marketwired) -- 11/16/16 -- Canadian Overseas Petroleum Ltd (TSX VENTURE: XOP) (LSE: COPL)

TSX-V: XOP

Canadian Overseas Petroleum Limited Stock Options Grant

Calgary, Canada, November 16, 2016 - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (TSX-V: XOP; LSE: COPL), an international oil and gas exploration and development company focused on offshore West Africa, announces its Board of Directors approved the granting of 7,500,000 Share Options of the Company effective November 15, 2016. The Share Options granted under the Company's Share Option Plan at a price of $0.18 per share were granted to directors, officers and employees.

For further information, please contact:

Mr. Arthur Millholland, President & CEO Canadian Overseas Petroleum Limited Tel: + 1 (403) 262 5441

Cathy Hume CHF Investor Relations Tel: +1 (416) 868 1079 ext. 231 Email: [email protected]

Dominic Barretto/Harriet Jackson Yellow Jersey PR Limited Tel: +44 (0) 75 4427 5882 / +44 (0) 20 3735 8827 Email: [email protected]

Broker: London Stock Exchange Shore Capital Stockbrokers Limited Edward Mansfield Phone T: +44 20 7468 7906

Please click on the associated PDF document to view the full announcement: http://www.rns-pdf.londonstockexchange.com/rns/4019P_1-2016-11-16.pdf

This information is provided by RNS The company news service from the London Stock Exchange

Contact:
RNS
Customer Services
0044-207797-4400
[email protected]
http://www.rns.com

Source: Canadian Overseas Petroleum Ltd

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