Canadian Overseas Petroleum appoints Atul Gupta to its Board as Non-Executive Director

– CANADA, Calgary –  Canadian Overseas Petroleum Limited (CSE: XOP | LON: COPL), an international oil and gas exploration, production, and development company, with operations focused in Converse and Natrona Counties, Wyoming, USA, today announced the appointment of Atul Gupta to its Board as a Non-Executive Director effective 2nd November 2023.

Mr. Gupta will join the Nomination Committee and the Reserves Committee as Chair and the Audit Committee as a member.

The company also announced that Robert Chenery has stepped down from the Board.

About Atul Gupta

Atul Gupta is a petroleum engineer with over 40 years of experience in the oil and gas sector. Mr. Gupta has been Executive Chairman for Nostrum Oil & Gas Plc, Chairman for Seven Energy International Ltd., Managing Director at Hindustan Oil Exploration Co., Ltd., Principal at Petrofina SA, Principal at Charterhouse Petroleum Plc, Chief Executive Officer of Burren Energy Plc and Principal at Monument LLC. Mr. Gupta has a degree in Chemical Engineering from the University of Cambridge and a degree in Petroleum Engineering from Heriot-Watt University.

About Canadian Overseas Petroleum

COPL is an international oil and gas exploration, development, and production company actively pursuing opportunities in the United States with operations in Wyoming.

The Company operates the Cole Creek Unit 100% WI, Barron Flats Shannon (Miscible) Unit 85% WI and holds Barron Flats Federal (Deep) 85% WI in addition to non-unitized lands 100% WI.

The Company’s Wyoming operations are one of the most environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from a neighboring wind farm to power production facilities.

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