Canadian Overseas Petroleum
Post in 2023
Canadian Overseas Petroleum Limited is an international oil and gas exploration and production company headquartered in Calgary, Canada. The company focuses on identifying, acquiring, and developing offshore oil and natural gas reserves primarily in Africa and the United States. It holds a 100% interest in the OPL 226 blocks in the Niger Delta, Nigeria, and has a 17% equity stake in Block LB-13 offshore Liberia. Additionally, Canadian Overseas Petroleum operates in Converse County, Wyoming, where it emphasizes environmentally responsible practices, including minimal gas flaring and utilizing electricity from a nearby wind farm to power its operations. The company was formerly known as Velo Energy Inc. until it rebranded in July 2010.
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