Canadian Overseas Petrol... Share Discussion Threads

[edgein] 04/12/2020 09:42

Shaf,

Yes, getting close:



Regards,
Ed.

[azuli] 04/12/2020 09:35

Not much selling so far at this level, all absorbed with buying above 0.19. Let's see if it can break back into the 0.20s today.

[phurley] 04/12/2020 08:28

Nigeria is open for business and our main man Art or Arthur or AM or fatcat is lying.

[shafaq] 03/12/2020 21:31

Let's see what transpires in next 2/3weeks as results of the bid rounds are in the hands of the president."Round open to local nigerians" Shorecan and kola.

[shafaq] 03/12/2020 21:29

https://africaoilgasreport.com/2020/10/farm-in-farm-out/dpr-waits-on-president-buhari-to-announce-winners-of-marginal-field-bid-round/#:~:text=The three and half month

[azuli] 03/12/2020 16:07

Picked up some of these at 0.1725 on Tuesday, sentiment is poor here and on LSE at the moment, so any whiff of positive news should see some good gains. Not much stock around without going to NT, so looking better :-)

[mr woodland] 02/12/2020 20:47

Maybe Smell something strange

[gizzy123] 02/12/2020 14:15

Why is everyone leaving?Oh no!

[zxie] 02/12/2020 10:30

Very soon 15

[phurley] 02/12/2020 09:50

Final rats leaving a sinking ship...

[matunde24] 01/12/2020 12:35

If this happens defo go all in and wait for 10 bagger

[phurley] 01/12/2020 12:16

Everyone dumping - now 0.15

[zxie] 30/11/2020 21:23

Very lower prices

[frogyboyo] 30/11/2020 17:09

Nash why advertise that you are 39 years old in your name?! Also you just lost your money matey poo. Extension number twenty or whatever we are on will not go through. I have it on very good authority that NNPC are not interested in dealing with Essar and want to see Kola Karim ONLY on the ownership document of OPL 226

[phurley] 30/11/2020 11:07

People are now flying in and out without restrictions. Arthur M is running out of excuses.

[nash81] 25/11/2020 22:23

i bought today. around 0.2p, well below placing price and delays with news which is expected. though things should improve from here imho

oil price is rising and nigeria is in desperate needs of tax income for their economy !

[phurley] 23/11/2020 12:29

EdgeinI think theres a big risk here that the licence wont be ratified. AM using travel restrictions as an excuse when there currently arent any.

[phurley] 20/11/2020 10:32

Why is AM using travel restrictions as an excuse when it shouldnt be?

[kwizza] 18/11/2020 09:11

Thanks Edgein
Hopefully good stuff to come from SRSP
Also here....

[edgein] 18/11/2020 08:44

Link for shaa if he pops over this way



Kwizza,

Like the meetings with the DPR and NNPC for 226, we're just gonna have to be patient. Results were supposed to be known by now but with all things in Nigeria timetables are very loose. Also owners of existing substantial assets in Nigeria were to be given priority and fast-tracked, Shoreline for example (if they applied). So hopefully we'll hear something soon about this new anticipated project.

Hopefully it'll be as good as the proposed SRSP acquisition that looks like a cracker given the suggested oil in place on those licences (if/when their deal completes).

What could be non-core to a major could be very core to the likes of COPL.

Regards,
Ed.

[edgein] 18/11/2020 07:35

Anticipated new project due diligence:

"Pre-license Costs Legal and due diligence costs of $36,000 incurred in respect of anticipated new project were recorded as pre-license costs for the three and nine months ended September 30, 2020 (nil in comparable periods of 2019)."

Coincidentally this coincides with the marginal field bid round.

Regards,
Ed.