March 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 experIse and experience to grow its footprint via its joint venture with Shoreline through Shoreline CanOverseas Petroleum Development CorporaIon Partner with local…
Regional Opportunity West Africa Large oil and gas discoveries in the past ve years Signicant interest from oil majors Remains relaIvely underexplored Numerous marginal eld development opportuniIes and undeveloped oil…
COPL / Shoreline Joint Venture
COPL / Shoreline Joint Venture Structure Joint venture partnership with Shoreline Energy InternaIonal Limited (Shoreline), a conglomerate with interests across sub-Saharan Africa including interests in oil & gas and power…
Shoreline Canadian Overseas Corporate Structure Directors Kola Karim - Chief ExecuIve Ocer SG Tunde Karim - Chief Financial Ocer SG Arthur Millholland - Chief ExecuIve Ocer COPL 50% 50% Viscount William Astor - Non-Exec…
JV Assets
Tanzania OpIon Agreement to acquire a 60% working interest in two oshore blocks: the Latham Licence Area (5056 km2) Kimbiji Licence Area (4298 km2) Blocks extend from the shore to oshore 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 oshore blocks: 1708, 1808, and 1709 Shorecans interest has been raIed by the Ministry of Energy in Namibia The blocks are located north of the Walvis ridge on…
Namibia: Blocks 1708, 1709, 1808 Organic maQer raining down onto sea oor is not oxidized in anoxic environments Anoxic environment preserved organic muds that later became source rock shales parIcularly in yoked basins…
Liberia LB-13 COPLs High Impact Exploration
Regional Overview Senegal EsImated 5.0 Billion BO discovered in the West Africa Fortesa announce Turonian gas Transform Margin in only 5 years of exploraIon condensate discovery Cairn Conoco Phillips Discoveries Ghanas Jubilee…
Liberia Overview PoliDcs Peace agreement signed in 2003 DemocraIc elecIons 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% parIcipaIng interest at the start of commercial producIon Licence Terms New…
Geological Overview - Liberia Block LB-13 ProspecDve Recoverable Geology Resources on LB-13 (Mmbbls) Seismic has idenIed 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 (mulIple fans verIcally stacked) Slump squashes updip pinchout SW NE 40 km (COPL Interpreta0on) 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 -- ajer…
Conclusion COPL and Shoreline each hold a 50% interest in ShoreCan Shoreline JV The JV allows COPL to progress its stated strategy, oering exposure to a greater spread of highly value accreIve assets and opportuniIes, while…
Appendix
Building a West Africa Poryolio Numerous marginal eld development opportuni5es 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 Assumes 50 m gross thickness per prospect with Net : Gross = 50%, Average Porosity = 22%, Oblique View Average…
Liberia LB-13 Secondary Prospects C B2 B1 B3 B9 B10 B6 B8 B4 B5 B7 Assumes 50 m gross thickness per prospect with Net : Gross = 50%, Average Porosity = 22%, Average Sw = 40% and Boi = 1.6 N
Kenya Tanzania Building an East Africa Poryolio Mozambique Signicant opportunity for gas Zambia to power schemes in local markets to mone5ze 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 Schmil Independent…
Non Executive Board Independent Director & Chairman of the Board President of Macluan Capital CorporaIon, a diversied private equity investment company Harald Ludwig Director of Lions Gate Entertainment Corp (NYSE), Seaspan…
Sr. Management Team Vice President ExploraDon and ExploitaDon Rod Christensen Professional Geologist with 35 years experience Previously Senior VP, ExploraIon and Development at Oilexco Involved in numerous discoveries and…
Management Team Controller KrisDn Obreiter Chartered Accountant with a Bachelor of Commerce, AccounIng from University of Calgary Spent 4 years as an auditor KrisIn has spent the last 10 years working with internaIonal oil and…
Corporate Share Structure 402,050,497 Common Shares Primary lisIng on Toronto Venture Exchange TSXV:XOP Common Shares TSXV:XOP.wt Secondary LisIng on London Stock Exchange LSE:COPL OpDons Management, Board, and…
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…