Canadian Overseas Petroleum: Admission to Trading and First Day of Dealings

Canadian Overseas Petroleum Limited ("COPL" or "the Company") (TSX
VENTURE:XOP)(LSE:COPL), the offshore West Africa focussed oil and gas
exploration and development company, is pleased to announce its admission to the
standard listing segment of the Official List, and its admission to trading and
first day of dealings today on the London Stock Exchange's Main Market for
listed securities.


Mr. Arthur Millholland, President and CEO of COPL commented, 

"Our listing on the Main Market of the LSE today and the successful fundraising
is an important milestone in COPL's development as we move forward with our
operations in West Africa."


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 carried by ExxonMobil for its share of the first $120 million
of gross drilling costs of a two well exploration programme planned for 2014.
COPL also holds exploration acreage with shale oil potential on the north island
of New Zealand. 


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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Canadian Overseas Petroleum Limited
Mr. Arthur Millholland
President and CEO
403.262.5441


Canadian Overseas Petroleum Limited
Rob Elgie
Manager of Investor Relations
403.262.5441


Bell Pottinger, public relations
Mark Antelme or Henry Lerwill
[phone]


Financial Advisor and Joint Broker
GMP Securities Europe
[phone]


Joint Broker
finnCap
[phone]