Canadian Overseas Petrol... Share Discussion Threads

[edgein] 08/6/2021 12:46

Satk, These are currently at 0.38p so if they're shorted back to 2p again that will do just fine as that's around x5 higher than our suspended price. Old Harold must be expecting some gap up on relist. Art did talk about getting this one to mid cap so we'll wait and see. With those new large insti banks now holding you never know, they must see a bright future ahead just like the rest of us holders. Regards, Ed.

[blueblood] 07/6/2021 10:56

They are only seeking authorisation for future consolidation not doing it! They have had previous one in place since 2016

[dandadandan] 06/6/2021 11:41

Remember. Annual and Special Meeting Calgary, Alberta, on Tuesday, June 29, 2021 at 10:00 a.m. Plus 100:1 share consolidation. ( So 1,000,000 shares become 10,000 and likely share price could be around £1.30 ish??. That is my researched guestimate, but you need to do your own calculations.) DDDD.

[dandadandan] 04/6/2021 23:07

Latest Advisory Information Received. Following a previous notice regarding the delisting of Canadian Overseas Petroleum Ltd, please be informed that, subject to regulatory approval, the company now expects the re-admission of its common shares on London Stock Exchange to occur in June 2021. It is intended that the advised cancellation and re-admission will occur simultaneously at such time. Only 26 days to the end of the month. Just be patient. DDDD.

[edgein] 03/6/2021 16:33

Bash, No worries fella, I though 15 was at times too many, 35 stocks sounds spread way too thin and unmanageable to me. Yeah it sounds like you could help him thin them down somewhat. Regards, Ed.

[edgein] 03/6/2021 15:53

SB, Interesting, fingers crossed. Get listed before things get interesting for Cuda. Be interesting to see if the JOA kicks in soon, they must owe Atomic in excess of $10m now. But I guess we'll know more soon. Regards, Ed.

[bashbosh] 03/6/2021 15:35

From reading it says that 1200 bopd are produced with 350 of thay to cuda, (deduction costs managments fees etc) So the further the produce the less relevance the numbers I posted have and the higher netback per BOPD will go. Cuda have a much worse hedge which they are failing company, I hope to see COPL find a way to have further interests in BFU and CC. I have seen an interview where the CEO suggests thus.

[sportbilly1976] 03/6/2021 15:30

Corporate action documents released - re-list subject to regulatory approval to be in June.

[edgein] 03/6/2021 08:18

Wtf can't you read your own post? The hedge is from April to December, not for 5 years! DOH! Also if that were for even just one full year that equates to just 567bopd. Have you seen the production profile for BFU let alone BFU and CCU projected over the next 12-18 months? It'll be very interesting to see what the increased gas injection rates do to current production. Regards, Ed.

[bashbosh] 02/6/2021 22:01

hxxp://www.canoverseas.com/wp-content/uploads/2021/04/COPL-2020-MDA_Final.pdf Oil page 4 , Is this a hedge? So WTI could go to the moon, it wouldnt matter until 5 years, or more production is done. Fixed price---WTI Futures 207,123 BBL-----April 1, 2021 to December 31, 202---$61.28 Oil

[edgein] 02/6/2021 12:52

My Arthur, No I'm just a shareholder here. So what he took a gamble in Liberia, it didn't work out, some lost money but it was their choice to invest in an oil explorer. I wasn't a shareholder through that, more interested in 226 as its appraisal. However events have taken a significant turn with the acquisition of circa 31mmbbls at just over $2/bbl. Pretty inspired stuff for sure. Why have you spoken to Essar, how do you know what they are? How fast do you think NNPC/DPR renew licences? Its a pretty long queue from what I can see. Don't worry though there's a long list of activities planned for the BFU and CCU upon their relist, the delist was a compulsory part of the RTO process. Regards, Ed.

[ayesha4] 02/6/2021 12:30

"your" Arthur was responsible for the decline from 10pence to 0.1pence through extravagance, empty promises and downright lies. There may be some truth to the LSE post. Essar are fuming that the Nigerian licence wasnt re-ratified and I also believe its gone. As for the Atomic deal, very poorly managed with this de listing.

[edgein] 02/6/2021 12:17

Satk, You can tell your friend Harold that when the share price dropped below 0.1p old Ed here was able to increase his holding by x30 of my original holding. I was buying right down when Phurley et al was telling everyone COPL was going bust. So with the size of my holding at an average below 0.1p I'm looking forward to the relist. I hope Harold is following Cuda as their recent results make interesting reading regarding the Barren Flats Unit production increase. Looking forward to the relist. Ask your friend Harold if he thinks Art will pick up some of the assets that the majors are pulling out of in the UK North Sea. I think he should, the old Oilexco hunting grounds of the CNS etc. Regards, Ed.

[luckyabbeygale] 02/6/2021 10:58

I do not think anyone in the COPL telegram group is going to believe this. Most likely just a rumour.

[satkaur1973] 02/6/2021 02:29

jamie414 idiot is another ramper and thats from my friend Harry Mann. Remember him!!!!

[phurley] 02/6/2021 02:18

Seems like a total scam.

[satkaur1973] 02/6/2021 01:48

Another scam.