Canadian Overseas Petrol... Share Discussion Threads

[deanroberthunt] 28/12/2016 08:37

as long as they don't come back...

[whiskeyinthejar] 28/12/2016 08:35

More up to date? Copl are now very proud of their Exxon partner. Lesson learned there:

"Be wary of small companies going it alone – partners slow things up but give
an extra layer of assurance. There is an old African saying – ‘If you want to
travel fast, go alone. If you want to go far, go accompanied’.

[deanroberthunt] 28/12/2016 08:34

I believe it's good to know that he seems half decent in finding Oil, but maybe his cost management needs some improvement...No?

[ffaffaa] 28/12/2016 08:31

bountyhunter28 Dec '16 - 08:21 - 2204 of 2208 0 0 (Filtered)


bounty, have a very good day posting here ALL DAY!

great life eh!?


you are not shorting, you don't want to invest, so you are posting just because you are a philanthropist with a great sense of justice and you have nothing better to do


when this gets to 2p you will be lost or what?

do you have anything better to do than this that brings TO YOU no results?


sad

[deanroberthunt] 28/12/2016 08:31

can't be far off one though Shawshankuk? ...this bull run is very long in the tooth, nearly 10 yrs!!

[shawshankuk] 28/12/2016 08:31

It's a good a person brings up history. Perhaps for balanace you could post something more up to date?

[whiskeyinthejar] 28/12/2016 08:25

The lessons learned pdf says "High G&A costs are symptomatic of a lack of regard for cost management."

There's some lessons for us all in that pdf maybe.

[jdsdps] 28/12/2016 08:23

Does anyone know what happens to the balance of the agreed $120m drilling free carry if a second well is not drilled? Will any compensation have to be paid?

[deanroberthunt] 28/12/2016 08:22

engines would need to be uprated for Arthur :) ....

[deanroberthunt] 28/12/2016 08:16

hey, the colour is right too :)

[bountyhunter] 28/12/2016 08:13

or Obama's, he won't be needing it ;-)

[deanroberthunt] 28/12/2016 08:10

yup. greed and ego, we can't help ourselves, always be the fat cats and sorry sacks.

[bountyhunter] 28/12/2016 08:09

fair point dean - I'm just illustrating how shareholders cash has been spent extravagantly on private jets etc previously thereby making a high debt level impossible to refinance, also with the previous credit history highlighted the banks may be reluctant to lend again

[deanroberthunt] 28/12/2016 08:07

BountyHunter

they/he needed to refinance debt just as RBS was about to implode.....at the peak of the subprime fiasco....just bad luck?....just shows tha high levels of debt always leave one exposed......luckily, COPL doesn't have any...yet :) ....don't have any Oil either...heyho

[deanroberthunt] 28/12/2016 07:59

in what context Mr K

[mrkeysersoze] 28/12/2016 07:58

Dean,Have another look at OPL226.Mr K.