– CANADA, Calgary – Canadian Overseas Petroleum Limited (CSE: XOP | LON: COPL), an international oil and gas exploration, production, and development company with production and development operations focused in Converse County, Wyoming, USA, today announced the appointment of Nigel Little to its Board as Independent Non-Executive Director, replacing Viscount Astor who will step down from the board with immediate effect.
“We are delighted to have someone of Nigel’s calibre joining our board as he brings a wealth of oil and gas and public-company markets experience to the fore. As announced last week, COPL is now operating in a position of great strength with an increasing oil production rate at our Wyoming assets and we look to the future with confidence.” said CEO, Arthur Millholland.
About Nigel Little
Nigel Little has a distinguished career as an investment banker spanning more than forty years. Until 2009 Nigel was Vice-Chairman of Canaccord Capital (Europe) Limited as well as Executive President of the investment bank’s UK and European operations – a position that he held for seven years. As a leading investment banker and specialist in the natural resources and energy sectors, Nigel has significant experience in the oil and gas equities markets, having been involved with capital raises for a large number of the UK and international oil and gas companies.
Nigel’s long financial service career includes senior roles at HSBC James Capel where he was Head of Equity Sales and a Senior Executive, Morgan Stanley as Head of Pan-European Equity Distribution, and Nations Bank Panmure where he was Head of Sales and Trading. He was also Head of Downstream Investment Banking at Nomura, an Advisory Board member of Kleinwort Benson Bankers and a member of its Private Equity team, and a Senior Advisor to Smith & Williamson Corporate Finance.
Nigel Little commented: “It is clear to me that the Company is embarking on a very exciting period of growth with proven and unproven reserves ready to be exploited by the highly-efficient and sustainable facility in Wyoming. With bright prospects and the opportunity for a re-rating of the stock, there couldn’t be a better time to join the Company and share my insights and expertise.”
About the Company:
COPL is an international oil and gas exploration, development, and production company actively pursuing opportunities in the United States with operations in Converse County Wyoming, and in sub-Saharan Africa through its ShoreCan joint venture company in Nigeria, and independently in other countries.
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.
For more information: https://canoverseas.com/
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