Leading International Investment Research, Edison Investment Research

Edison Investment Research

Leading International Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

Equity Bottom-Up

Canadian Overseas Petroleum Lt / Equity Bottom-Up

<p>Canadian Overseas Petroleum (COPL) has announced that the ExxonMobil operated Mesurado-1 exploration well, offshore Liberia, did not encounter hydrocarbons. The well targeted oil in a sequence of Late Cretaceous Santonian sands and intersected 145m of net sand of which 118m was deemed to be reservoir quality. Logs taken across target intervals did not indicate hydrocarbons and the well is to be plugged and abandoned. Pre-drill, we had valued COPL&rsquo;s Liberia (LB-13) prospects at risked 10.5p/share (C$0.18/share) assuming a 19.5% commercial chance of success. Our group RENAV, including net interest in OPL 226 Nigeria, stood at risked 15.3p/share (C$0.26/share) before today&rsquo;s announcement.</p>

Canadian Overseas Petroleum (COPL) has announced that the ExxonMobil operated Mesurado-1 exploration well, offshore Liberia, did not encounter hydrocarbons. The well targeted oil in a sequence of Late Cretaceous Santonian sands and intersected 145m of net sand of which 118m was deemed to be reservoir quality. Logs taken across target intervals did not indicate hydrocarbons and the well is to be plugged and abandoned. Pre-drill, we had valued COPL&rsquo;s Liberia (LB-13) prospects at risked 10.5p/share (C$0.18/share) assuming a 19.5% commercial chance of success. Our group RENAV, including net interest in OPL 226 Nigeria, stood at risked 15.3p/share (C$0.26/share) before today&rsquo;s announcement.

Canada

Canadian Overseas Petroleum Limited operates as an oil and gas company. The Company focuses on acquisition, exploration, development, and optimization of producing assets. Canadian Overseas Petroleum serves clients in Canada.

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Canadian Overseas Petroleum Lt (XOP CN)

Mesurado-1 well result

Canadian Overseas Petroleum (COPL) has announced that the ExxonMobil operated Mesurado-1 exploration well, offshore Liberia, did not encounter...

Edison Investment Research

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52-week Range

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Mesurado&#45;1 well result

Canadian Overseas Petroleum (COPL) has announced that the ExxonMobil operated Mesurado-1 exploration well, offshore Liberia, did not encounter...

Edison Investment Research

Mesurado-1 well result