Liberia: Canadian Overseas lists in London ahead of LB-13 drilling

Canadian Overseas Petroleum has listed its shares on London’s main market ahead of drilling planned on LB-13 this year. The Calgary-based company, whose shares are also listed on the Toronto Venture Exchange, said drilling would start “this year, as a drilling rig and support services become available”. The company is carried by ExxonMobil for the first $120m of costs of a two-well exploration programme planned for 2014 as part of a farm-in completed in April 2013. Chevron is bringing in the newbuild West Tellus ultra-deepwater drillship to drill on its three blocks adjacent to LB-13.