Canadian Overseas Petrol... Share Discussion Threads

[effiert] 15/11/2016 08:09

easy 50%-100% pre spud over the next few weeks

[the brex pistols] 15/11/2016 08:08

I've just added. Now re-loading for more. I'm taking profits elsewhere to go overweight here (no reference to Arthur intended).

[blueblood] 15/11/2016 08:06

My 50k buy showing as sell. Well happy with 10.25p price!

[the patient investor] 15/11/2016 08:00

Bright blue day ahead

[the brex pistols] 15/11/2016 07:57

Morning chaps. I'm happy with the chart, happy with the fundamentals. No complaints.

[effiert] 15/11/2016 07:52

Will try and find it for you later this afternoon

[the patient investor] 15/11/2016 07:41

Effiert can u please post the 2$ broker forecast for our canadian equivalent XOP?

THX

[effiert] 15/11/2016 07:36

COS is very high here amd im sure an oil strike will make a few millionaires here

[the patient investor] 15/11/2016 07:32

Lets not forget they say the drilling programme is due to start late 2016

It cd happen any time and the share price cd go INSANE!

[...]


Will COPL double? Broker upgrade sets 21p target ahead of Exxon’s well
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13:28 25 Oct 2016
“Mesurado-1 is a high impact well and ... we believe that the risks lie firmly on the upside for COPL.”
offhshore
Shore Capital sets a new 21p price target for the explorer
With a new target price Shore Capital sees the share price of Canadian Overseas Petroleum Limited (LON:COPL) doubling.

Shore Cap today repeated a ‘buy’ and lifted its target price from 16p to 21p, which suggests around 100% upside to the current price of 10.6p.

It comes ahead of a potentially game changing drill programme in the deep waters off the Liberian coast. Expectations surfaced earlier this month that the well would spud in November.

“We had believed that an early spud date was quite possible and are therefore highly encouraged to see the reports of plans to commence drilling next month,” analyst Craig Howie said in a note.

He added: “Mesurado-1 is a high impact well and, given the strong subsurface understanding and presence of a lucrative multi-well carry, we believe that the risks lie firmly on the upside for COPL.”

Howie also highlights the boost from the recently completed acquisition in Nigeria, which adds near term production and exploration potential into the mix for COPL.

“In our opinion, OPL 226 is a highly complementary (and value-accretive) addition, reinforcing COPL’s African footprint and bringing a later stage asset into the portfolio. The acreage contains an existing discovery and an offset well location has already been identified,” he added.

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Jamie_55a91591db06b.jpg
Jamie Ashcroft
WHY INVEST IN CANADIAN OVERSEAS PETROLEUM LIMITED? READ MORE HERE

[effiert] 15/11/2016 07:29

look at the numbers from horse mouth, upside case 700 mbbls net to COPL @ $10/b ground value = $7 billion net to COPL

[effiert] 15/11/2016 07:26

zengas 25/10/2016
08:38

Seperately to the huge upcoming exploration well with Exonn - the other asset (OPL 226) shouldn't be overlooked as a potential company maker. The JV deal with Shoreline will give them over 6.4 mbbo 2C unrisked via the NOA-1 well. The drilling site is just 5 km from and on the same trend to the 200 mmbo Anyala oil field in the adjoining block. The NOA-1 well discovered 7m of net gas pay and 18.7m (60ft oil) net oil pay. Upside case net to COPL is 184 mmbo.
zengas

[effiert] 15/11/2016 07:25

500 million barrels, price in the ground 3.5billion value , that's £2.65 billion pound, Exxon would surely take them out, at for example 50% discount equates to £2 share IMHO not often a chance like this comes along check the Warren Irvin interview, he s not seen anything like this in 30 years

[the patient investor] 15/11/2016 07:23

Wow! We cd have a serious break out today, the chart looks amazing

[effiert] 15/11/2016 07:20

broker target is up to $2 canadian dollars on success which is over £1!!

[tidy 2] 15/11/2016 07:19

80-£1 with the aim effect spike quite doable.

[the patient investor] 14/11/2016 23:26

U R RIGHT , he said president


i agree, cd be even and EASILY A QUID

[the brex pistols] 14/11/2016 23:15

The end of day close may be 50p, but you know as well as I do (no pun intended) the daily spike will probably take this over 80p initially.

[the brex pistols] 14/11/2016 23:13

The President he calls himself.

[the patient investor] 14/11/2016 23:08

i think it definitely speaks volumes


really really excited, especially after viewing your video

[tidy 2] 14/11/2016 23:08

15p this week

[effiert] 14/11/2016 22:55

Two highly qualified and experienced technical teams (copl and ExxonMobil) have had about 4 years to analyse extensive data on this block. As a result, ExxonMobil have chosen to keep the 83% interest to themselves instead of farming out and spreading the risks, at a time when they're cutting their exploration budget down dramatically.

Should you be bullish on this? Yes... very.

[the patient investor] 14/11/2016 22:39

guys

this is early retirement material