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Canadian Overseas Petroleum Limited: Second Quarter Results

CALGARY, AB -- (Marketwired) -- 08/14/14 -- Canadian Overseas Petroleum Limited (TSX VENTURE: XOP) (LSE: COPL)

XOP: TSX-V; COPL: LSE

Canadian Overseas Petroleum
Reports Second Quarter Results

Calgary, Canada, August 13, 2014 - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (XOP: TSX-V) & (COPL: LSE) announces its second quarter results for the three and six months ended June 30, 2014. The Interim Financial Statements and Management's Discussion and Analysis for the first quarter can be viewed on the Company's website at www.canoverseas.com or on SEDAR at www.sedar.com under the COPL listing.

About the Company
COPL is an international oil and gas exploration and development company focused in the offshore West Africa. The Company holds a 17% working interest in Block LB-13, offshore Liberia, with ExxonMobil the operator holding an 83% working interest. COPL is actively evaluating opportunities in Nigeria as part of its strategy to generate stable cash flow from secure offshore assets.

For Further Information Please Contact:

COPL
Mr. Arthur Millholland, President and CEO
Phone: +1 403 262 5441

Investor and Public Relations
Bell Pottinger
Mark Antelme or Henry Lerwill
Phone: +44 (0) 207 861 3160

Joint Brokers
GMP Securities Europe
Phone: +44 (0)20 7647 2800

finnCap
Phone: +44 (0)20 7220 0500

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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