Canadian Overseas Petrol... Share Discussion Threads

[saint in exile] 24/6/2021 21:39

FO phurley

[bronislav] 24/6/2021 19:05

Can take as long as it wants .each day that goes by the bopd increases.

[phurley] 24/6/2021 18:59

The Nigerians have said to Essar that the asset will never again be in Essar/COPL hands. It is lost.

[phurley] 24/6/2021 18:56

Cathy says she has absolutely no idea whats going on. Already last week of June and not an inkling of what is happening. Theres massive trouble behind the scenes.

[greyseal] 23/6/2021 12:03

Phurley..... What makes you think that Art has messed up and that they won't relist?

[phurley] 23/6/2021 11:56

Even Cathy has lost faith in Art. What an eff up that they wont get this re listed for months if at all

[sportbilly1976] 22/6/2021 13:44

phurley,

that's your opinion. It happens not to be mine but we shall see.

[antimony64] 21/6/2021 20:22

Tears of joy maybe.
Likely to be several hundred percent up on re listing.

[phurley] 21/6/2021 12:21

This is all going to end in tears. AM has royally messed this up and sadly wont be relisting. Feel for holders.

[sportbilly1976] 15/6/2021 11:27

Second bi-weekly update released.

All continues to progress in the background...no material changes so assume production also continues to be ramped up with gas injection and oil being produced/sold.

Await audit sign-off, prospectus submission to FCA and then re-list

[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