Canadian Overseas Petrol... Share Discussion Threads

[sportbilly1976] 01/9/2021 12:31

DEnmark,

you'd be doing well as even 10mln is being quoted at 0.3449 against touch 0.34

20mln is quoted at 0.3597

[demark] 01/9/2021 12:22

if i have £100k now i would
buy 33m @ 0.339p via ig,
shame i do not have any
free cash!

[scottwhetton] 01/9/2021 12:13

Hi Georgia, no mate i dont need to sell im in @27 avg , just shocked how poor it has been since relist I genuinely dont understand why its tanking off the back of such solid news !?

[sportbilly1976] 01/9/2021 12:09

Great interview.

New production slope being used due to the responsiveness of the injection seen during August, butane purchases hedge at 91 cents (v mkt price of $1.25-1.20)...dramatic change in EBITDA to come from this

quote from 14 minutes - "our long term shareholders are going to see a great lift out of this"

[sportbilly1976] 01/9/2021 11:44

Proactive interview with Arthur

[georgia103] 01/9/2021 11:44

Only sell if you are desperate This will come good There is a big seller still selling Patience my friend

[scottwhetton] 01/9/2021 11:34

Hi EdReally dissapointing reaction to that RNS !? Something is a foot with this share , how can we be below closing price off the back of that news ?The relentless selling is killing it ! Not sure whether to hold or sell here its a nightmare

[sportbilly1976] 01/9/2021 10:59

phurley,

not on the way...warrants being sold into the market currently and being worked though.

[demark] 01/9/2021 10:38

this makes me laugh!

market is currently
valuing:

copl - £58M

88e - £220M

who is stupid? market or
holders!!!

[phurley] 01/9/2021 10:36

I cannot understand the price action... unless there is heavy dilution on the way

[sportbilly1976] 01/9/2021 09:55

indeed - but once the flippers have dumped then the fair value of the "very good news" as you say GDF will be seen

pure market mechanics at play in the interim whilst we have this false market

[gheorghedufiend] 01/9/2021 09:48

If it can't hold the share price on what was very good news oesn't bode well for the short term share price

[gheorghedufiend] 01/9/2021 09:47

gregpeck7 I dont know why you got 2 down vottes for something that is obviously true

Shows you the intelligence on this board

[gregpeck7] 01/9/2021 09:23

Clearly dumping still going on.

[ultimatejustice9] 01/9/2021 09:01

COPL community Telegram

ht t ps://t.me/joinchat/SId8W51wOfISv0ss

No spaces

[danessex] 01/9/2021 09:00

My top up came in as a sell on here

[demark] 01/9/2021 08:56

as the seller is still
out there,i think, market
has been unable to price
copl to reflect its
true value!

stellar rns!!!!!

[billthebank] 01/9/2021 08:37

Up 24% IN TWO WEEKS!!!

Arthur Millholland, President & CEO, commented:

"Our Wyoming assets continue to perform well beyond our initial expectations as I indicated in the August 17(th) operating update. Crude oil production has increased 123% from April 1(st) , and continues to increase weekly. In fact, crude oil production has increased by 24% from our last update just two weeks ago.


I love this comment.I thought we would be at 3000bbpd by end of Q3and 5000 by eoy looks like,I am well out on my prediction

UP 24% IN TWO WEEKS!!!!!!

[danessex] 01/9/2021 08:35

27,000,000 buy

[danessex] 01/9/2021 08:28

Hopefully slow and steady upwards today and no massive spikes should be a very good day with them results and upcoming results

[smcl] 01/9/2021 07:59

Agreed Ed.

[edgein] 01/9/2021 07:26

Wow what a way to deliver for Bill and little Georgie!

"COPL's Wyoming assets continue to perform significantly ahead of expectation

o Current Oil Production at August 31(st) is 2,720 bbl./d (gross), 1,604 bbl./d (net) a 24% increase from the operations update on August 17(th) , and an increase of 123% from 1,220bbl/d (gross), 706 bbl./d (net) at April 1(st)."

Production continues to sky rocket well beyond anyone's expectations and gained another 24% in just two weeks! Also their 100% wi BFU deeps well came in with over 200ft of net pay in 6 formations (almost 250ft). Didn't take them long to get that BFU deep well drilled that's for sure. Looks like they're on for multiple thousands of bopd net by year end!

"Oil discovery at the 100% working interest Barron Flats Federal Unit (Deep) exploratory well expected to open new field developments. Six (6) oil bearing sands totalling 246' (net porous sand)/282' (gross sand) intersected. Production casing is currently being set to total depth of 9,220'."

"Oil production at the Barron Flats Shannon Unit will continue to increase due to strong gas injection response"

During the above period miscible flood rate was just 6.5mmcfd, from the end of the month they expect to inject 10mmcfd. I guess that's why Art is expecting such a strong end of year!

"Reviewing other value enhancing asset acquisitions in Wyoming"

Good stuff, looking forward to more of the above as the company moves towards mid cap.

Arthur Millholland, President & CEO, commented:

"Our Wyoming assets continue to perform well beyond our initial expectations as I indicated in the August 17(th) operating update. Crude oil production has increased 123% from April 1(st) , and continues to increase weekly. In fact, crude oil production has increased by 24% from our last update just two weeks ago. The increase in crude oil production is due to the ongoing enhanced gas injection program, commencing on April 1(st) . As such, oil production will continue to increase as the surface well site production facilities are enhanced to handle the increased oil production rates and associated higher working pressures.

"We are excited about our 100% owned Barron Flats Federal (Deep) oil discovery announced today. Our next task is to test all six of the sand intervals through casing over the next several weeks. This well is a testament to our team which identified substantial upside below the Barron Flats Shannon Unit, further demonstrating the value of the Atomic acquisition to COPL. The Company's enviable block of leasehold as well as its production facilities will allow for additional significant oil production growth. Associated gas production from these reservoirs will be utilized in our miscible operations thus continuing with the Company's net zero gas flaring production operations."

"With the oil price and our assets performing well ahead of expectation, the Company is in a very good position for the short, medium and long term. We continue to review other value enhancing potential acquisitions in Wyoming as we look to build a material exploration and production company."

Regards,
Ed.

[blueblood] 01/9/2021 01:21

Production increased further to 2,720 bopd currently. Massive value disconnect and 5,000 bopd by Xmas looking possible now!

[billthebank] 31/8/2021 15:55

I want the top now and AM has 9 months to deliver!!

[billthebank] 31/8/2021 14:28

Looks like we have seen the bottom!!!