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BRIEF-Canadian Overseas Petroleum says subsidiary received work program, budget for 2016 from ExxonMobil

Published 2015-09-23, 08:49 a/m
© Reuters.  BRIEF-Canadian Overseas Petroleum says subsidiary received work program, budget for 2016 from ExxonMobil
XOP
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Sept 23 (Reuters) - Canadian Overseas Petroleum Ltd XOP.V :
* Canadian Overseas Petroleum Bermuda) ltd., has received a work program and
budget for 2016 from ExxonMobil
* The well to be drilled under the 2nd exploration phase, mesurado-1, is
planned to spud in late 2016 to early 2017
* Exploration well is currently estimated to be drilled for a total cost of
$120 million
* Ebola crisis commencing in 2014 in liberia has caused significant impacts to
lb-13 operational schedule in 2014 and 2015"
* Timing of well dependent on rig availability;when ExxonMobil confirm 3rd
party contractor capability to operate in liberia

* Source text for Eikon ID:nCCNb4hvX1

* Further company coverage XOP.V

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