COPL CFO takes leave of absence after ‘serious accident’

Canadian Overseas Petroleum Limited (COPL), has said that its Chief Financial Officer Chris McLean has taken a leave of absence duo to health issues. 

The independent oil company, focused on West Africa, explained that McLean was involved in a road traffic accident, and “it is not known when his health condition is going to improve.”

The CFO position will temporarily be filled by Kristin Obreiter. She has worked as a financial controller in the company, and her taking duty of acting chief financial officer is with immediate effect. The company has not disclosed for how long this substitution will be in effect, but said  that Mclean remained a director of the company.

McLean was appointed a CFO of COPL in April 2013 due to the company’s needs as COPL had secured a stake in a block offshore Liberia.

The company holds a 17% working interest in Block LB-13, offshore Liberia, with ExxonMobil Exploration and Production Liberia Limited (“ExxonMobil”), the operator, holding an 83% working interest.

The partnership delayed drilling operations at the block last year due to Ebola outbreak, but both ExxonMobil and COPL said that they were committed to completing their work program in Liberia once the situation with Ebola has been resolved.

Offshore Energy Today Staff