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COPL Canadian Overseas Petroleum Limited

0.0575
0.00 (0.00%)
28 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Canadian Overseas Petroleum Limited COPL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.0575 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.0575 0.0575
more quote information »
Industry Sector
OIL & GAS PRODUCERS

Canadian Overseas Petrol... COPL Dividends History

No dividends issued between 29 May 2014 and 29 May 2024

Top Dividend Posts

Top Posts
Posted at 10/5/2024 15:35 by jammytass
remember
Ryan Gaffney Chief Financial Officer – 2022 salary - $580,800.00 (CAD) a 43.72% increase over 2021.

Rod Christensen Vice-President, Exploration and Exploitation – 2022 salary - $412,000.00 (CAD) a 49.81% increase over 2021.

Richard Mays Vice-President, Business Development and General Counsel – 2022 salary - $316,500.00 (CAD). No change?

Robert Dion Vice-President, Finance and Controller – 2022 salary - $254,400.00 (CAD) a 505.71% increase over 2021 (what???)

A Family member employed under normal commercial terms (assumed to be Elizabeth Millholland) – 2022 - salary $288,000.00 (CAD) an increase of 71.42% over 2021.

(One of) THE PRIMARY RESPONSIBILITIES OF THE BOARD ARE:

(A) ENHANCING AND PRESERVING LONG TERM SHAREHOLDER VALUE;

The Reality:

Senior COPL employees enjoy minimum 40% pay increase in the last year.

Shareholders receive an 87% decline the value of the their share holding since COPL’s readmission to trading in August 2021.

Anyone else had a 40+% pay increase over the last 12 months?

No, I didn’t think so.
scam alert!!!
Posted at 09/5/2024 22:25 by edmundfitzgerald
If the SHAGGERs really think there has been a big scam, some of it copl selling shares, by nefarious means then when does Tiburn get his trial?

" There can be no negative argument against copl and its prospects, I expect 10000 bopd by the end of the year"

Wake up!
Posted at 03/5/2024 09:05 by novy kluk
As things stand today, the value of our COPL shareholdings are ZERO.

Personally I'd prefer to be taking some positive action to address that situation and want to be challenging those parties who's illegal actions have caused the COPL share price to have dropped by 99%!!

With that in mind, a colleague of mine has shared the following Post, put out a month or so ago. Fopr me I judge it may offer the opportunity to recover "something" through the Courts

RE: CAG & Mr Cotter - 5 Apr 2024 17:53

CAG is delighted to confirm that it is to continue to work with Mr Michael Cotter of Setfords & Carlton Elleker Chase, London (CEC). Our plan of action will be fully defined as the SISP process applied to COPL unfolds over the coming weeks, thus allowing us unhindered sight of specific targets and jurisdictions involved. At present, given the strong indicative interest being shown in the COPL assets, we are monitoring the situation closely as a restructuring solution is still a possibility.

With this in mind, Michael proposes hosting a series of zoom calls, in late April/early May 2024, where he will discuss his vision with COPL shareholders and answer any questions/queries you may have.

To register your interest in this process, please email coplaction@ceclegal.co.uk listing the following information only:

Name:

Email address:

Country of residence:

No. Of COPL shares held:

Amount invested:

Approx date of investment:

Michael has a proven track record of success as a specialist Financial Services Lawyer, and specifically in large scale group/class actions. He, and his team's experience in restoring the finances of investors who have lost funds due to financial disasters and collapse ensures we have sourced true expertise. CAG has been working alongside Michael and have been provided specific advice and direction in respect to potential targets and the best routes of recovery. In addition, Michael and his team have already begun to map out a clear PR campaign to ensure that COPL shareholders receive the attention they deserve.

We have a proven winner representing us, and hope you’ll join our fight.

The COPL Action Group
Posted at 02/5/2024 07:59 by herecomesthesun
CRIKEY

I see the 'better together' MOB are STILL coercing and controlling the narrative


STAS20

TIBURN

SHAA

SHOUSTON

RBMINVEST

OPULENTIA


THEY WERE and STILL ARE the MASTERS behind the mess when some of us could see (and warned) the writing was on the wall for COPL long before it actually ended.


any COPL shareholder suffering catastrophic and/or life changing losses should be hiring a lawyer NOT to pursue COPL but to dig into the background of the real financial criminals starting with those named above and their fraudulent and manipulative forum behaviour.


what say you now Saint Paul and TEAM CAG ?


AYE !!


bwahahahahahahaha :)
Posted at 22/3/2024 10:56 by strawberry alarm clock
You really couldn't make it up ... Shouston Premium MemberPosts: 6,750Price: 0.0575No OpinionRE: My letter to potential newspapers / energy websites and publicationsToday 10:07To: andreas.exarheas@rigzone.comDear Sir/Madam,I wish to provide comment on a story run by yourself COPL Makes Significant Wyoming Oil FindIt would appear that despite this major find the company COPL is now going into administration, there is evidence that the main bondholder Anavio have been shorting the stock on 90 previous occasions since first lending COPL money culminating in a 49% short position 12th Jan 2024. see data from FCA (https://shorttracker.co.uk/manager/anavio-capital-partners-llp/)Shareholders are up in arms strongly suspecting Anavio of an asset grab, using their bond position to drive the share price down 99% since they got involved in COPL. There are suggestions that they have done this before and were fined in Norway previously. COPL was discussing a JV with oil major then it suddenly stopped. Anavio may have pulled the plug when they knew the true value of the assets.Shareholder group have established a website containing some information about the potential illegal activities see https://www.copl-media.comCould Andreas reopen this topic. More info can be gained by contacting coplsharewatch@gmail.com.Thanks for helping to highlight this travesty.
Posted at 25/1/2024 08:42 by novy kluk
COPL Action Group: Shareholders in Canadian Overseas Petroleum Limited require answers as Company loses 98% of value

LONDON and CALGARY, AB, Jan. 24, 2024 - COPL Action Group (“CAG”) and Canadian Overseas Petroleum Limited (the "Company") (CSE: XOP) (LSE: COPL).

CAG members currently own 8.1% of the issued share capital of the Company.

Shareholders of the Company formed the COPL Action Group in December 2023 as a direct result of the conduct of and decisions made by the Company’s directors (the “DirectorsR21;) led by chairman of the Board Tom Richardson.

CAG has written to the Directors on a number of occasions since 26 December 2023 in respect of the following matters:

Failure to adhere to good corporate governance.
Lack of independence of the Directors.
Lack of shareholder representation on the board of directors.
Failure by the Directors to publicly support the Company’s share price.
Failure by the Directors to act in the best interests of the Company and its shareholders.
Failure by the Directors to engage with shareholders and perform any sort of public relations/investor relations functions.
Directors have consistently favoured the interests of the Company’s bondholders over the interests of its shareholders.
Directors have allowed almost all shareholder value to be eroded, presiding over 98.5% loss of value in just 7 months.
Company’s press release of 6 September 2023 announced that Directors would receive bonds in lieu of fees, directly aligning Director’s interests with bondholders in conflict with shareholder interests.
Directors publicly stated on 6 September 2023 that shares would be sold at 4p, with bonds reset to the same price. On 6 October 2023, the Directors announced that the shares would now be sold at 2.6p with the bonds reset accordingly, a 35% drop from the previous announcement. CAG has very serious misgivings about the circumstances relating to this financing that have been conveyed to the ASC in Canada and the FCA in England.
On 6 October 2023 the Company publicly announced it was fully funded through to the end of Q1, 2024. On 20 December 2023 the Company announced it was in financial difficulties. CAG wishes to know where the working capital available to the end of Q1, 2024 has gone.
Directors have reduced the Company’s only significant source of income by stopping the injection of gas to the BFSU.
Terms of the bonds agreed with Company’s bondholders are not compatible with the Company being successful.
Until the Directors renegotiate the terms of the bonds with the majority bondholder, Anavio Capital Partners LLP (“Anavio”;), the Company will have little or no chance of survival as the terms of the bonds are so one sided that there is little or no possibility of equity investment.
Existing bond terms create a financial death spiral.

To date, the only formal reply by the Company to CAG has been in the form of the press release dated 10 January 2024.

CAG has written further to the Company requesting the following action:

Immediate provision of two board seats to members of CAG by way of shareholder representation
Immediate renegotiation of bond terms as follows:
Strike price revised to 6.75p.
Moratorium on bond conversions for at least 6 months.
Maximum of 10 bonds allowed to be converted in any 12 months period by Anavio.
All existing warrants linked to bonds cancelled.
Sufficient working capital sourced to restart gas injections at the BFSU.

In the event the Directors fail to respond positively to these requests, CAG has no confidence in the Directors and calls on the entire board to resign with immediate effect.


The Canadian Securities Exchange (operated by CNSX Markets Inc.) has not been consulted on the contents of this press release.

SOURCE COPL Action Group

For further information, please contact CAG at coplsharewatch@gmail.com
or Adam Sinclair on +447849160656
Posted at 17/1/2024 23:13 by novy kluk
The RNS' in October 2023, detailed a combination of sources of funds rasied, together with cost savings which totalled over $13 million of liquidity.

Investors were then told COPL was funded through Quarter one 2024. At that time I believe that statement was valid and made in good faith by Ryan Gaffney!

It is understood that Mr Richardson is now saying the company has only £200,000 in cash available. It's also understood that Ryan Gaffney the CFO was completely side-lined by Mr Richardson. And that Mr Richardson then took over all responsibilities of the CFO!

So apart from the obvious question, "Where has all that cash gone since only October 2023 Mr Richardson?".....it is evident it was NOT spent on purchasing gas for the BFSU! SEDAR clearly shows there was very limited gas injected into the wells!

THE CONSEQUENCES:

I have mentioned previously that it's known a number of HNW COPL Investors will be seeking damages through the courts, from Mr Richardson and Mr Gupta. I now understand that one of these actions will be based on the following:

* In October 2023 the company had in excess of $13 million liquidity available. Ryan Gaffney stated correctly (at that time) that was sufficent funding to last through until Q1 2023.

* It appears Gaffney was side-lined and Finances were then controlled by Mr. Richardson.

* Despite in excess of $13 million liquidity being available, INSUFFICIENT GAS WAS PURCHASED to permit the BFSU to function as designed!

* Being starved of gas supply by My Richardson, it was impossible for the BFSU to achieve it's potential output. Recall, even with the old low pressure system, output well above finacial break-even at 2,700boopd had been achieved in the past!

So in summary re: the HNW Investors: ONE OF THEIR CLAIMS FOR DAMAGES WILL BE THAT:

The BOD's lead by Mr Richardson deliberately starved the BFSU of gas supply in order to prevent the Unit demonstrating profitability. And in so doing, drove COPL close to insolvency! Thus handing yet more power to ANAVIO, as those actions precipitated the collapse of COPL's share price!

And there one has the case in a nut shell!

Can that be described as working in ones Shareholders best interests Mr Richardson???
Posted at 16/1/2024 12:20 by herecomesthesun
CRIKEY

SPAS asking the LSE morons for help in revealing the Anavio instigators and encouraging people to leave mob rule threats on a just giving charity page


me thinks the idiots who were ticking him up and buying in the 30's on the back of his constant MULTI BAGGING TRIPLE DIGITS SOON YACHT promotions would be better off targeting their anger by calling for SPAS to instead reveal HIMSELF


Stas20
Posted in: COPL
Price: 35.75
8 Feb 2022 13:31

I have traded and invested for more years than I care to remember, I know ALL the tricks in the book, the pretend hurt, how can this be. The cross ramping, the pretend to have a conversation with a hurt soul (whist really pushing their own agenda) and the multiple alias's, all of them, I've seen them all, been there done that.

What I have also seen is people lose a fortune (or not have made it) as they are persuaded away from even the surest thing by those that have managed to curry favour by building a reputation to be used at a later date for nefarious means.
I don't ask for trust, I only ask for people to not be blindsided by these forums
You will quickly realise COPL could make you a wealthy man but the real simplicity is...... you will need to be in it to win it.
No matter how much oil they have you will not make you a penny if you are not invested.



Stas20
Posted in: COPL
Price: 35.25
08 Feb 2022 17:15
I have backed Arts £200,000 with my own £100,000


Stas20
Posted in: COPL
Price: 34.00
8 Mar 2022 14:32
I'm trying to demonstrate the huge value here, many have missed it but at 36p I'll not be selling.
£3.60 would be nice but I think even that hugely undervalues the find here.



yep been there done that got the t-shirt


wonder WHO blindsided WHO


bwahahahahahahahahahahaha :)
Posted at 12/1/2024 11:35 by tomboyb
Canadian Overseas Petroleum Ltd Share Price Movement (5707Z)
12/01/2024 11:34am
UK Regulatory (RNS & others)

Canadian Overseas Petrol... (LSE:COPL)
Intraday Stock Chart

Friday 12 January 2024

Click Here for more Canadian Overseas Petrol... Charts.
TIDMCOPL

RNS Number : 5707Z

Canadian Overseas Petroleum Ltd

12 January 2024

Statement Re Share Price Movement

London, United Kingdom; Calgary, Canada: January 12, 2024 - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (XOP: CSE) & (COPL: LSE) notes the recent movements in the price of its common shares.

Other than those circumstances disclosed by the Company in recent weeks, the Company is not aware of any operational or corporate reason for the price movement. The equity financing announced by the Company on December 29, 2023 is expected to close next week on the terms that were announced.

About the Company:

COPL is an international oil and gas exploration, development and production company actively pursuing opportunities in the United States with operations in Converse County Wyoming.

For further information, please contact:

Mr. Tom Richardson, Chairman

Mr. Ryan Gaffney, CFO

Canadian Overseas Petroleum Limited
Posted at 04/1/2024 11:45 by herecomesthesun
RBMInvest
Posted in: COPL
Price: 0.1125
Today 10:00
Canadian Overseas Petroleum, Large Shareholder Group
Over the past 48hours, there has been growing speculation over ‘a letter’ having been sent to the BoD of COPL. There is a group of large shareholders (a group holding well over 20% of current shares) who are actively working to safeguard the interests of ALL shareholders. This group sent letters to several parties suspected of being complicit on the 1st of January 2024 highlighting their severe misgivings with regards fiduciary duty and a potential conflict of interest of the COPL BoD. They have demanded immediate actions be taken to. For legal reasons, this letter will remain private for now.

In addition, this group of influential investors have taken legal advice and are acting upon it, right now, with a view to class action legal recourse should these actions not be taken. They have also contacted press outlets in the UK, Canada and the US with a view to releasing all pertinent details should these actions not be taken. They are in active contact with regulatory bodies in both the UK and Canada. They are in contact with their political contacts within the UK, Canada and the US.

The purpose of the group is simple: to pool their considerable resources and ensure that the COPL BoD are acting in the best interests of both the company and it’s shareholders, not those of the COPL BoD and their bond holders colleagues, Anavio Capital.




269 million shares once worth upwards of £100 million now worth £300k and they think of themselves as INFLUENTIAL


seems to be quite a few more DELUDED CLOWNS over on LSE than I first thought


bwahahahahahahahahahaha

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