May 2015 COPL was recognized as a TSX LSE: COPL Venture 50 company in 2014. TSX Venture 50 is a trade-mark of TSX Inc. and is used under license. TSXV: XOP
African Business Development
Building a Africa Portfolio Strategy Leverage management expertise and experience to grow its footprint via its joint venture with Shoreline through Shoreline CanOverseas Petroleum Development Corporation Partner with local…
Regional Opportunity West Africa Large oil and gas discoveries in the past five years Significant interest from oil majors Remains relatively underexplored Numerous marginal field development opportunities and undeveloped oil…
COPL / Shoreline Joint Venture
COPL / Shoreline Joint Venture Structure Joint venture partnership with Shoreline Energy International Limited (Shoreline), a conglomerate with interests across sub-Saharan Africa including interests in oil & gas and power generation…
Shoreline Canadian Overseas Corporate Structure Directors Kola Karim - Chief Executive Officer SG Tunde Karim - Chief Financial Officer SG Arthur Millholland - Chief Executive Officer COPL 50% 50% Viscount William Astor - Non-Exec…
JV Assets
Tanzania Option Agreement to acquire a 60% working interest in two offshore blocks: the Latham Licence Area (5056 km2) Kimbiji Licence Area (4298 km2) Blocks extend from the shore to offshore depths of approximately 500 to 1000…
Tanzania: Latham Block 13
Tanzania: Kambiji Block, Kisarawe East Prospect 14
Namibia: Blocks 1708, 1709, 1808 80% interest acquired in three offshore blocks: 1708, 1808, and 1709 Shorecans interest has been ratified by the Ministry of Energy in Namibia The blocks are located north of the Walvis ridge on…
Namibia: Blocks 1708, 1709, 1808 Organic matter raining down onto sea floor is not oxidized in anoxic environments Anoxic environment preserved organic muds that later became source rock shales particularly in yoked basins…
Liberia LB-13 COPLs High Impact Exploration
Regional Overview Senegal Estimated 5.0 Billion BO discovered in the West Africa Fortesa announce Turonian gas Transform Margin in only 5 years of exploration condensate discovery Cairn Conoco Phillips Discoveries Ghanas Jubilee Field…
Liberia Overview Politics Peace agreement signed in 2003 Democratic elections held in 2005 President Ellen Johnson Sirleaf elected Re-elected in 2011 Ranked above neighbouring Sierra Leone and Cote DIvoire in Transparency…
Liberia Block LB-13 - License Overview Ownership 17% COPL and 83% Exxon (operator) LB - 13 Prospect Overview* NOCAL has the right to receive a 10% participating interest at the start of commercial production Licence Terms New amended…
Geological Overview - Liberia Block LB-13 Prospective Recoverable Geology Resources on LB-13 (Mmbbls) Seismic has identified a deep water Turonian to Lower Campanian Turbidite Channel/Fan complex Gross1 Net to COPL Basic and…
Liberia: Block LB-13 Primary Prospect Turonian to Intra Campanian Channel/Fan Complex (multiple fans vertically stacked) Slump squashes updip pinchout SW NE 40 km (COPL Interpretation) Updip Pinchout POSSIBLE FLUID…
Block LB-13 Secondary prospect* August 2012, Chevron Full stack RMS amplitude enters a purchase and sale extraction in a 200ms agreement where ENI window down from acquires 25% interest in Top Cretaceous LB-11, 12, 14 -- after…
Conclusion COPL and Shoreline each hold a 50% interest in ShoreCan Shoreline JV The JV allows COPL to progress its stated strategy, offering exposure to a greater spread of highly value accretive assets and opportunities, while…
Appendix
Building a West Africa Portfolio Numerous marginal field development opportunities and undeveloped oil discoveries Nigeria Sierra Cte Leone dIvoire Ghana Gabon discoveries
The West African Transform Margin Fairway Cenomanian Turonian (91 Ma) South America and Africa separated Extinction event low O2 in oceans Rapid drowning of West African Transform Margin created ideal conditions for Cenomanian…
The West African Transform Margin Fairway 29
The West African Transform Margin Fairway Clastic wedge with updip pinchout 30
Liberia LB-13 Primary Prospects A B C2 C3 F16 C4 E11 D9 E15 E12 D6 C1 E10 N D7 D8 Oblique View
Liberia LB-13 Secondary Prospects C B2 B1 B3 B9 B10 B6 B8 B4 B5 B7 N
Kenya Tanzania Building an East Africa Portfolio Mozambique Significant opportunity for gas Zambia to power schemes in local markets to monetize reserves Zimbabwe Madagascar discoveries
Principle East African Sedimentary Basins 35
Tanzania: Natural Gas Discoveries 36
Tanzania: Natural Gas Distribution 37
Mozambique 180 Tcf Anadarko and ENI discoveries 38
Mozambique: Pande Gas Field 39
Board & Management Board Harald Ludwig Arthur Millholland Independent Director, Exec Director, President and CEO Chairman of the Board Viscount William Astor Massimo Carello Christopher McLean Rick Schmitt Independent Director…
Executive Board Director, President and CEO Was the founder, CEO and a Director of Oilexco Inc. Arthur Millholland Professional geologist with 30 years experience in the oil and gas industry Worked in a variety of regions including…
Non Executive Board Independent Director & Chairman of the Board President of Macluan Capital Corporation, a diversified private equity investment company Harald Ludwig Director of Lions Gate Entertainment Corp (NYSE), Seaspan…
Sr. Management Team Vice President Exploration and Exploitation Rod Christensen Professional Geologist with 35 years experience Previously Senior VP, Exploration and Development at Oilexco Involved in numerous discoveries and…
Management Team Controller Kristin Obreiter Chartered Accountant with a Bachelor of Commerce, Accounting from University of Calgary Spent 4 years as an auditor Kristin has spent the last 10 years working with international oil and…
Corporate Share Structure 402,050,497 Common Shares Primary listing on Toronto Venture Exchange TSXV:XOP Common Shares TSXV:XOP.wt Secondary Listing on London Stock Exchange LSE:COPL Options Management, Board, and Employees…
For further information please contact Canadian Overseas Petroleum Limited +1 403 262 5441 Arthur Millholland amillhollandcanoverseas.com Christopher McLean cmcleancanoverseas.com Financial Adviser and Joint Broker - +44 (0)207 647 2800…