Canadian Overseas Petroleum Limited
XOP.CN
Canadian Securities Exchange0.01
CAD
+0.00
- -
Canadian Overseas Petroleum Limited
XOP.CN
(Canadian Securities Exchange)
Recent
price
0.01
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Canadian Overseas Petroleum Limited engages in the acquisition, exploration, development, and production of oil and gas resources. The company primarily operates in the United States, with a focus on Converse County, Wyoming, and in sub-Saharan Africa. Its core products and services include upstream oil and gas exploration; production of crude oil; and development of natural gas liquids infrastructure, including propane and butane injection systems. Canadian Overseas Petroleum Limited also pursues joint ventures and strategic partnerships to optimize resource development and production efficiency. Founded in 2007 and headquartered in Canada, the company has pursued expansion through acquisitions and equity financing, targeting resource-rich regions internationally. Recent strategic developments include navigating liquidity challenges, entering forbearance agreements with senior lenders, and attempting to secure additional funding to sustain operations. In early 2024, Canadian Overseas Petroleum Limited filed for creditor protection under Canada’s Companies' Creditors Arrangement Act (CCAA) and sought Chapter 11 protection in the United States to safeguard its assets. The company also completed a $2.5 million financing round in January 2024 and has engaged in ongoing debt refinancing and joint venture discussions particularly related to its Wyoming assets. Despite operational and financial restructurings, the company’s shares were delisted from the London Stock Exchange in late 2025 following bankruptcy filings to protect its operations. Canadian Overseas Petroleum operates across international oil and gas sectors, serving independent oil and gas markets with upstream production and development expertise. Its geographical focus spans the United States and Africa, enabling it to address diverse market demands through exploration and production assets. The company is known for its active pursuit of development projects, financing arrangements, and strategic alliances to sustain and grow its resource base globally. This profile reflects Canadian Overseas Petroleum Limited’s comprehensive role in oil and gas exploration and production, with recent corporate restructuring and financial measures shaping its operational direction in 2024 and 2025.