Canadian Overseas Petrol... Share Discussion Threads

[andrbea] 11/5/2015 14:15

May 7th

Liberia, after no new cases in 42 days, has been declared free from Ebola virus by the World Health Organization (WHO).
The WHO declared the country Ebola-free after a 42-day period without a new case by commenting that the outbreak of Ebola virus disease in Liberia is over as the last confirmed death in Liberia was on 27 March, the BBC reported.
President Ellen Johnson Sirleaf stated that Liberia had "crossed the Rubicon" and would be celebrating a concerted effort to stem the disease.

[ohisay] 10/3/2015 10:42

New presentation [March 9th]

[proactivest] 27/2/2015 15:25

Video interview with CFO McLean


Christopher McLean, the chief financial officer of Canadian Overseas Petroleum (LON:COPL), explains the benefits of teaming up with Shoreline Energy to form a new venture that is expected to invest in new projects in Sub-Saharan Africa.
COPL and Shoreline will each own 50% of the new vehicle which will be called Shoreline CanOverseas Petroleum Development Corporation (or ShoreCan). It has already secured assets in Tanzania and Namibia, and it is evaluating projects in Nigeria, Ghana and Mozambique.

[ohisay] 23/12/2014 09:34

There was a TSX thread of course.

[andrbea] 23/12/2014 08:54

up 30%
life in the old dog.......

[steelwatch] 19/12/2014 13:37

More or less, LOL.

Back to sleep now.

[andrbea] 19/12/2014 13:30

Tx steelwatch
so what have they been doing all year, operation-wise, SFA?

[steelwatch] 19/12/2014 13:18

andr - no, it isn't new. From the Q1/14 MD&A:

OVERVIEW *
In the first quarter of 2014, the Company continued working with its joint venture partners on technical analysis and review related to the offshore interest in Liberia and spent considerable effort identifying, evaluating, and pursuing exploration and development opportunities in Nigeria.

I don't hold these by the way, though thought about it at first which decided me to set up this thread as there wasn't one at the time.

[andrbea] 19/12/2014 12:45

is that bit about Nigeria something new?

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 actively evaluating opportunities in Nigeria as part of its strategy to generate stable cash flow from secure offshore assets.

[ohisay] 10/9/2014 11:22

Not until next year I think.
Should be renamed Ebola Exploration.

[ryan83] 26/7/2014 13:47

$5.4m cash

$120m free carry in Liberia with Exxon targeting 4.2bn barrels recoverable on a structure with known oil system.

Nigerian asset acquisition is close.

Capped at under £40m. Looks a buy to me!

[ryan83] 25/7/2014 16:41

On the to buy list for q3!

[dmk1198] 25/5/2014 09:43

Seeking alpha great report

Conclusion:
As a junior oil & gas exploration company "standing on the shoulders of giants," Canadian Overseas Petroleum Limited presents investors with a unique investing opportunity. In summary XOP:

is the only leveraged oil & gas play in Liberia where evidence of hydrocarbons is accumulating and has its operations in Liberia fully funded ($120m drilling costs which should see 2 wells being drilled or 1 well with a sidetrack & flow test);
has the potential to expand operations in the OPL 2010 block in the Niger Delta, Nigeria and possess' a 50% working interest in block PEP 53806 off shore New Zealand;
possess' a management team with substantial experience (oversaw the growth of Oilexco from $4m-$4b) in the oil & gas industry and "skin in the game" (the management own 5.513m shares or 1.56% of the float and 21.9m common shares under option);
is firmly backed by a team of geologists with a successful track record (North Sea finds with Oilexco) and a cohort of institutional investors who hold 29.9% of the firm's float;
is rendered significantly undervalued by proprietary quantitative financial models. XOP has a Total Risked NPV Share Price of 1.8 which is 8.3 times the current share price ($.218).
It is the author's view that in Canadian Overseas Petroleum Limited investors are presented with a rare asymmetric payoff opportunity in which the potential upside significantly outweighs the downside i.e. the future share price distribution is positively skewed.

[serratia] 14/5/2014 22:44

Good presentation, Liberia looks interesting any questions please ask whilst it's fresh in my memory.

[aim_trader] 08/5/2014 15:36

REGISTER HERE TO SEE GULFSANDS PRESENT IN LONDON, DUBLIN AND MANCHESTER NEXT WEEK:

[two_hearts] 12/4/2014 10:57

Yes looking good, although they state they're looking to raise £22M.
So on my watch list for now.

[tackabrum] 05/4/2014 22:57

Keeping a watchful eye on this one, market cap is is quite low for multi billion barrel oil drill off coast of Liberia with a big farm in partner