Columbus Energy Resources Share Discussion Threads

[h van der h] 28/6/2018 11:10

plenty of shares on the march today! maybe something in the air?
the one that baffles me the most is ukog 1.8p and nearly £80m mc....:o
cerp 4.75P now

[holly day] 28/6/2018 11:08

offerman, well done if you managed to top up......again. I had my small free cash tied up in another stock, so missed the bottom as the chart was suggesting 4p floor. Now we need to break 5.25 and make that the floor to break the trend. Hope the update does the trick. GL.

[holly day] 28/6/2018 11:04

Ha Ha, Rossannan, I wouldn't mind, but I don't even drink beer!!.. All fun though. GL...long way to mid 2019.

[offerman] 28/6/2018 10:41

Gutted I couldn't buy more at 4.25 recently as account got locked and had to wait for a pin through the post Was a great chance to average down . So I've topped up with 300000 more over last week and half That's me lot for now total only 800000 shares cash and 100000sippSmall fry compared to most here and over at lse but if one thing I've learned and that's be greatful for what I have as LK could make it in to small fortune for me . I'm not investing all on here spreading risk is key. My only real stock here. Rest out of market. Other stocks are legacy leftovers with tiny amounts in .

[nexus7] 28/6/2018 10:23

offerman, This agreement could be the answer:

United States, Saudi Arabia and Russia Find Agreement on Oil Policy

[offerman] 28/6/2018 10:19

Well that was a little bit of luck as I've just gone back to look at the limit order I placed and that had gone through was showing 4.6 to buy they wouldn't let me buy any so when online placed the order at 4.62 going back in to check and it looks like the order has gone through but I don't know what they bought it at now the share prices ticked up

[offerman] 28/6/2018 10:17

And as I was writing that last post They just ticked up again

[offerman] 28/6/2018 10:16

Not allowing buys at present I bought 50,000 more yesterday at 4.5 I missed out on the 4.2 by because the account was locked and I had to wait for pin to come through the postI tried to buy some today 50,000 more shares but they are not allowing it so I called them up and they said have to place an order online So now placed an order for 100000 and put in a very slightly higher price than it actually is at the moment but it still wasn't going through.So for some reason can't buy unless there's loads of people or a big buyer wanting in I don't know

[offerman] 28/6/2018 09:18

Nexus I thought it was in Saudis interest to have higher oil prices and they needed 80$ pb to break even ? Why increase production to try keep a lid on them ? I thought The only reason they increased production a few years ago was to stop the sale competitors as they needed high oil prices to make sale worthwhile. Or is that the reason they are increasing production to stop the sale producers and keep the price lower but then as I mentioned earlier I thought the Saudis needed $80 per barrel for breakeven long time ago there was a chart showing what each country needed for breakeven in some countries even needed 120 or $130 per barrel

[nexus7] 27/6/2018 16:30

Oil-Sands Outage Upends Global Oil Market, Overshadowing OPEC

► Syncrude upgrader that processes 350,000 barrels a day is down
► Monthlong outage seen hurting output at Suncor, helping rivals

The shutdown of a key oil-sands facility in Canada is flipping the global oil market on its head and slamming shares of producers that depend on the plant.

Just as OPEC and allied producers agreed to pour more oil into global markets, a transformer blast first reported by Bloomberg News last week cut power to Alberta’s giant Syncrude plant, which turns heavy crude into synthetic light oil for U.S. markets...

[offerman] 27/6/2018 14:16

Thanks EdNice posts today

[edgein] 27/6/2018 14:09

Offerman,

No idea I've just read as much as you, they plan to deepen some of the wells. We'll not know more until we get another update from LK. I would guess C-sands but could just be slightly deeper zones in the current pay. We'll no doubt get the details when these small acquisitions complete in Q3.

Regards,
Ed.

[offerman] 27/6/2018 14:05

But they'll only deepen bonasse in to gsands though right?

[holly day] 27/6/2018 13:51

Sorry about the triple post!...PC locked up!

[holly day] 27/6/2018 13:51

You guys can deposit your bottles of beer with me if you like!....

I'll take you up on that Rossannan...will a Tesco voucher for a bottle do?

[edgein] 27/6/2018 13:49

Offer,

They'll not know that until they clean up and treat the wells. They currently think they'll be able to get both those fields up to 100bopd each. That would be very good going from their current rates. If they'll do more or less than that remains to be seen. It'll be interesting to see what a deepened Bonasse well does as it could be into completely unexploited zones.

Regards,
Ed.

[offerman] 27/6/2018 13:32

Thanks Ed for your reply Do you see bonasse iacos being better than Goudron for treatment potential ?