Columbus Energy Resources Share Discussion Threads

[12bn] 09/2/2018 11:26

'Cap'n,we just hit a 'sell iceberg',it has March production numbers on it,it's as bad as it gets cap'n',time to issue an 'abandon ship order'.

[holly day] 09/2/2018 10:56

Morning offerman,

I for one would be very disappointed if we don't break the 650 bopd. I'd like to think the initial WF trials are targeting carefully identified wells that have the best potential. Also, workover/stimulation will have been extended to other wells. WF alone is supposed (as proven by Range) to increase production by an average of 25% per well.

In any case, 650/750 bopd is unlikely to affect the share price a great deal imo, i.e., not the 'bang for buck' Leo is looking at. All eyes are on the next phase of the development that needs to be accelerated. Judging by the recent recruitment ads, Leo is keen to build the skill base and no doubt our new legal guy is working his ar$e off to sort out the approvals/agreements.

As per TG, I'd like an interim update rather than the 'cast in concrete' quarterly RNS. Unfortunately bureaucrats may have a say on how quickly we can move.

Despite the above, I doubt the market sentiment will have helped us much. Glad we are holding up pretty well under the circumstances.

[12bn] 09/2/2018 10:09

Northpole2,HMS Titanic Cerp/Lgo may have changed its captain and its name but it is still the same flea bitten ship sailing the same seas and there's an iceberg ahead!

[nexus7] 09/2/2018 08:42

Looks like something is wrong with ADVFN Charts.(?)

[nexus7] 09/2/2018 08:27

From MrMagoo31 Thu 21:22
-------------------------------------

Positive Thinking

Required... in that we are with no better than the best we can get of a management team here to realise this gem in the Caribbean.... They are OIL Geniuses.....
LK came out of retirement to run this company!
They are NOTHING like Ritson - and there is no need to compare.... Just cut it out...
EVERYTHING LK has said so far - he HAS delivered, therefore no reason to think he would not continue....
With the problems he had sorted in the field since his last report - I would say he is easily on 750bopd at present, imo....
Time will tell - but he will not report b u l l s h i t every 7 days like predecessors - therefore will report properly and quarterly as previously stated!
Good times ahead ... Great future here DYOR, as I have

[offerman] 09/2/2018 08:09

Another massive 1000 fall on Dow..

[joner] 09/2/2018 00:11

jcgswims
Thanks for the note, revamped website has some subtle changes, simplified and more focused with lots of positive energy. I see LK's stardust is inspiring "so on wards and upwards"!

[jcgswims] 08/2/2018 21:33

Looks like CERP's website has been slightly revamped. Nothing major though as far as I can see.

[northpole2] 08/2/2018 17:12

You just don't get it do you 12bn? Things have changed and you are about the only person who hasn't worked that out yet. It is not the same management team as in the past and they have clearly adopted a different approach. Even you can't deny that!

[offerman] 08/2/2018 16:43

Anyone think we could see 650bopd at end of March inclusive of declines

[garnhiem80] 07/2/2018 18:28

Eek, lucky CERP have a solid sustainable business plan!

[nexus7] 07/2/2018 15:39

Goldman Sachs sees oil surging above $80 in 6 months

Goldman Sachs raised its three-month Brent forecast to $75 and its six-month forecast to $82.50.
The bank says the rebalancing of the long oversupplied oil market has already occurred, about six months sooner than it expected.
Goldman credits "stellar" oil demand growth, OPEC's deal to limit output and other factors for its outlook, saying many of those trends will continue...

[offerman] 07/2/2018 15:08

Wild swings in the share price today I didn't see many buys appearing when it hit the low so I doubt very much they would let anybody in and would've kept a massive spread5.6-5.1 to low quite a variation for the day

[nexus7] 07/2/2018 11:03

Crude Eases Losses as Industry Sees Surprise Stockpile Decline

→ U.S. crude stocks drop 1.05 million barrels last week: API
→ Cushing, Oklahoma supplies set for seventh straight decline

Oil pared losses after an industry report was said to show an unexpected decline in U.S. crude stockpiles.
Futures gained about 50 cents after closing at the lowest level in two weeks in New York. The American Petroleum Institute was said to have reported U.S. crude stockpiles declined 1.05 million barrels last week, with storage also shrinking at tanks in the key hub of Cushing, Oklahoma. The draw is coming at a time when refiners are conducting seasonal maintenance, typically lowering their demand for crude...

[offerman] 06/2/2018 15:18

ADVFN monitor broken again Always seems when large market moves ADVFN can't handle it lol

[ccr1958] 06/2/2018 14:37

Thousand apologies GD ,I meant TG,I have edited my post . Cheers ccr.

[greatfull dead] 06/2/2018 13:48

ccr,

Did I infer I had got stopped out here? No I did not and still hold. I have no stop loss set with CERP.

ATB,
GD

[mark of the rushes] 06/2/2018 13:32

Unusual trading strategy TG.

[ccr1958] 06/2/2018 12:57

Sorry to hear u got stopped out TG, of course manner from heaven for MMS these corrections!!