Canadian Overseas Petrol... Share Discussion Threads

[nicky21] 08/4/2019 07:15

On track to bring four appraisal wells onto production at a forecast initial production rate of 6-10,000 bpd per well, by the end of 2020.

[nicky21] 08/4/2019 07:15

A large international offshore service provider approached COPL to bid for the appraisal wells. Discussions are ongoing.

[nicky21] 08/4/2019 07:13

we are definately at a standstill.
have just looked at the trades over the last few weeks and they have been very few ..


massive massive stanstill going on..

am super bull at these prices...


where can you get a company for under £3m which may be producing 60k bopd ( 24k bopd net to itself).

[nicky21] 08/4/2019 07:09

have a feeling no placing but convertiable loan/bond will happen and then the shorters are screwed bigtime.

[nicky21] 08/4/2019 07:07

no news on funding...
need to find out what these NDAs are...

The Company continues to work towards advancing ShoreCan's financing activities together with its joint venture partner Shoreline Energy and its investment bankers. As such ShoreCan has entered into discussions with three large oil service providers, with activities in West Coast Africa. The providers are not only offering the provision of services, but also financing. This level of interest reaffirms COPL's long-term view that OPL 226 is an attractive opportunity with significant upside potential.

[nicky21] 08/4/2019 06:43

after hours trades.


last week there were trades worth over 70m which popped up after hours.
wander if its a shorter who is expecting a placing at 0.10p.

hope he gets screwed.

[nicky21] 08/4/2019 06:13

market rumours that heavy shorts were placed when these were at 0.15p/0.20p so they could buy back at 0.10p(expecting placing these investors are)


but if Art rises money via other means then they are screwed.

[nicky21] 08/4/2019 05:55

hopefully upward trend starts today.
not had a blue finish for a while now.

[nicky21] 07/4/2019 20:05

the stinger and MrShaunGCM all will be revealed in the coming weeks.


just put this on your watchlist.

[the stinger] 07/4/2019 20:03

nicky21, if so attractive why isnt the share price higher!!...why arnt the big investors buying!!....the share price is where it is for a reason..

[mrshaungcm] 07/4/2019 20:03

year or century?

[nicky21] 07/4/2019 20:03

A lot of NDA going on here.All will be revealed soon.

[nicky21] 07/4/2019 19:58

3rd quarter they looking at drilling.

just wait fotr brand new rig news.at the moment it is NDA.

[mrshaungcm] 07/4/2019 19:53

they aint an oiler yet - they cannot drill for the stuff

[nicky21] 07/4/2019 19:47

the stinger everybody is on the sidelines and waiting for funding news and nigeria news.

so we are basically at a standstill between bulls and bears.

have taken a punt at these levels because i believe downside to be very limited.
this share can easily rise 200% to 300% in a day.its happened before.

[the stinger] 07/4/2019 19:44

nicky21, exactly..the market is pricing in that Copl will not be able to rise funds...how can they!! if it were as you say then why has the share price collapsed?..why no big investor?..

[nicky21] 07/4/2019 19:43

listen to the london south east interview and on there he does say they need working capital and it may not be an equity rise but other options.

[the stinger] 07/4/2019 19:41

nicky21, exactly..the market is pricing in that Copl will not be able to rise funds...how can they!! if it were as you say then why has the share price collapsed?..why no big investor?..

[nicky21] 07/4/2019 19:40

The market is pricing in that Copl will not be able to rise funds and it will not drill on OPL 226 hence the low share price.

[nicky21] 07/4/2019 19:37

the stinger...that OPL 226 is a world class asset $60m has been spent already on that.

[nicky21] 07/4/2019 19:34

serious if Arthur gets the funding out and then we get NNPC approval and rig news..this could soar....

everything is nearly sorted just need signing from NNPC

rigs are gonna be brand new from Asia.

[the stinger] 07/4/2019 19:31

nicky21, your dreaming