Canadian Overseas Petrol... Share Discussion Threads

[edgein] 30/7/2018 12:23

Seems like the market here hasn't grasped the significance of this RNS, still priced as if 226 isn't gonna happen. Interesting early development plan for 3 wells. Previously they have phase I production of 6,000boepd with peak production at 60,000boepd so it'll be interesting to see subsequent presentations once this one progresses. They may even release the FDP presentation that they're giving to the NNPC in the near term. I wonder will it get the increase it deserves when the TSXV opens later.

Regards,
Ed.

[tomboyb] 30/7/2018 08:01

See if this can hit 1p+ -

Morning -

[edgein] 30/7/2018 08:01

Trafigura is the offtake provider and google suggests they'd a turnover of $136.4bn USD last year. So COPL getting some heavyweights in. I wonder if the service provider of the FFD facility is SLB, I guess we'll find out in due course.

Regards,
Ed.

[edgein] 30/7/2018 07:58

Well no smoke without fire, that article on Friday said that the DPR had passed 16 development plans. Now we have confirmation of a presentation to the NNPC for the 226 development plan. More updates regarding the service provider etc in due course. Lining up nicely to drill. The service provided is gonna arrange finance for $100m for FFD for multiple wells. Progress at last.

Regards,
Ed.

[mrshaungcm] 30/7/2018 07:37

No equity raising - that must be due any minute

[jungmana] 30/7/2018 07:26

This one and RBD have fantastic rns today.

[blueblood] 30/7/2018 07:25

Wow just wow!

[ride daice] 30/7/2018 07:23

Is that solid enough for you ?

[zen12] 27/7/2018 20:47

Need some solid news, otherwise like past will go back down. Other thing is funding, now which one is coming first??

[top tips] 27/7/2018 20:40

Bought in earlier this week and will let it run.

[nicky21] 27/7/2018 15:27

keep buying guys.

[malcontent] 27/7/2018 13:56

I took a few at the lows - 0.43 p - got lucky
time will tell if I was REALLY lucky

[chesty1] 27/7/2018 13:46

Anyone for a p&d!!!!

[nicky21] 27/7/2018 13:36

looks like OPL 226 is in the bag.leaked to the press first.

[edgein] 27/7/2018 12:49

Interesting fellas, hopefully it'll be one of the new licences granted.

Regards,
Ed.

[phoenix equity] 27/7/2018 11:22

Took a few. Approval is coming at last.

[blueblood] 27/7/2018 10:52

It’s coming home! replace xx with tt

[nicky21] 26/7/2018 13:46

its time will come.

[chesty1] 25/7/2018 10:10

Cos it's a dog

[ultra capital] 25/7/2018 07:48

Big sells in system for today.

[nicky21] 23/7/2018 18:23

Email from company last week.....


Hello:
The Q2 numbers will be out mid-August. As you know, placements are not announced in advance. I prefer not to guess. Everything is moving along as quickly as possible and Arthur is excited about the future. That's all we can say at this time. Consider no news is good news.
Regards
Cathy

[mr ramper] 23/7/2018 17:14

news is close on OPL 226.
Too many PIs got burnt on the Liberia drill.

[chesty1] 23/7/2018 16:32

Even the ramping cannot get this dog blue!!!