Columbus Energy Resources Share Discussion Threads

[jcgswims] 12/10/2018 17:29

Thanks rogsim. The full presentation is now in the header.

[rogsim] 12/10/2018 16:56

Latest webcasts here:

[edgar222] 12/10/2018 16:27

Holding RNS

[offerman] 12/10/2018 13:01

Hi Carp, Yes, Thank you for the reminder. Apologies to her , the old grey matter isn't what it used to be, not that it was ever Einstein..


Hi VideoLogic, It was really nice meeting you too. A true Gent you are and once again thank you for your hospitality offer at the presentation and also persuading to me to hoover up those delicious deserts :-)

I arrived home 4.50 am after stopping to grab a couple hours sleep at the services. ( apparently they fine you now for sleeping more than three hours there, not sure if that is true but someone i know mentioned that.

Great Snippets you have there.

Look forward to seeing you again at the next one.


Hi LivinginHope, Yes i felt hesitant about over there at it does descend in to bickering more often than not. The credit goes to JCG he does a brilliant Job and is well balanced and fair.

[carpadium] 12/10/2018 12:22

offer, very likely Manon from their new premises.

[nash81] 12/10/2018 11:58

How come we are down again today. Most other shares are bouncing up strongly.... Is bigmj buying more at this level?

[offerman] 12/10/2018 11:55

Brilliant Arry that one had me chuckling . Yes he is a big guy , big personality too , very charismatic , honest decent man ,as were Gordon ( but he was more of a hobbit like me) nice man though and all the time in the world. James was awesome too as was the little time I shared with Tony as well. Also not to forget the kind young lady who was present too ( I had problem remembering her name let alone spelling it as I was pretty tired .wasnt Monica but sure it began with M ( only had 4 hours sleep the previous night then the long day and drive back ) all of them vey approachable laid back funny too . Certainly a great evening to attend for anyone who like me hadnt ever been to one before that .

[arrynillson] 12/10/2018 09:59

offerman - great posts - have a well deserved lie in today!

I have to challenge that not being looked down upon comment, unless you are also circa 6' 6" LOL! ATB - well done - the PR people were obviously so impressed they decided to delay the official media!

[toploadermike] 12/10/2018 09:56

Topped up again this morning.

[livinginhope] 12/10/2018 09:40

Thanks offerman for the feedback. Great stuff!! I can understand why you chose to post this on the ADVFN board rather than on LSE which has been taken over by petty bickering. Who polices this board? They are doing a great job.

I eagerly await the video of the presentation. I only wish I had more funds to add at this price.

[videologic] 12/10/2018 09:27

Offerman, it was good to see you Wednesday evening, and pleased you got home safely. Thanks for recording the questions and answers.
Leo is a real humble gentleman, and willing to spend quality time getting round to speak to everyone individually.
I have added over a million shares to my holding this month.

Just some snippets from a lay person, "The message hasn't landed yet", we have a "string of pearls", "a more balanced portfolio", "spread risk", 4 deals in 6 months", and we can "choose where it works best."

Having spoken to Leo and Gordon, it was thrilling to see that they are genuinely excited about the coming months.

Kind regards

[toploadermike] 12/10/2018 09:18

Market looking better this morning and already seeing a rise here.

[nexus7] 12/10/2018 09:15

offerman, Many thanks for your info.

[geoff0458] 12/10/2018 08:48

Thank you offerman for the informative posts much appreciated

[h van der h] 12/10/2018 08:43

Offerman, great insight!

your comment about wells being taken off-line for treatment leading to peaks and troughs in production numbers is something that many folk choose to ignore.. its something that has to happen on every producing field. very rarely are all wells functioning at peak levels at the same time. take South Erin for instance, the well that provides 65bopd of total production of 85bopd for the field has been off for investigation for long periods with massive effect to total production, but when its back on.... happy days ahead!

[kazz] 12/10/2018 08:27

Many thanks Offerman
Regards....Kazz

[offerman] 12/10/2018 08:12

Hi Kazz, Yes I asked that question .He said the pumps had allowed for longer on stream production before being taken offline to treat the sand issue. Hence the peaks and troughs in the daily monthly production numbers. What we need to remember too is that so much has been learned from Goudron that these techniques can be used elsewhere on our new licences. I asked that we shouldn't then get the same sand problems elsewhere as they would be different characteristics to the wells to Goudron . Leo said that is correct.

[kazz] 12/10/2018 07:33

Cheers Offerman
Did he say anything about the new pumps to resolve the sand issues?
Regards...Kazz

[offerman] 12/10/2018 07:15

Just want to correct one thing and add a couple more questions I asked. On my final paragraph on the report I stated my final thoughts " you can basically poke a hole in the ground and find oil ".these were Leo's comments to me not mine so basically I was repeating what he told me . I have not been to T&T so wouldn't know . I just meant the potential is huge. Another question I did ask and forgot to mention , was Q Had the equipment and techniques brought in made any difference to the rejuvenation .A yes, it has allowed for longer production times before we take offline for treatment compared to before. Q. Is it possible an earthquake can affect things ? A yes, it has created more oil . Q: people try and scaremonger and use and excuse they can from sabotage to earthquakes . I have been involved many times ( too many in fact ) where companies have drilled exploration wildcat wells and more often than not the RNS says" drilled to target depth , no hydrocarbons encountered the oil has migrated from the chamber but valuable technical data was achieved about surrounding areas " So is it possible that oil could migrate leak away due to earthquakes where we are. A . The Earthquake has actually created more oil in the region . So in my opinion whilst we were all a little frustrated with Goudron including Leo and team , remember production has still increased , they have done all that they can and it has worked, just not to the levels we would have all liked. It's thanks to Goudron and skill set of the team that has got us this far. Has allowed more revenue CFP which has given us leverage to make the other deals cover costs etc along with refinancing ,restructuring , updating and putting back online generators for continuity when called upon should main power cut out for any reason. Just think , look and see where we are now right across the board from infrastructure to personnel to production . We have picked a winner here imho.

[spangle93] 12/10/2018 01:05

Thanks Offerman, hope you're recovered from all your driving.

Ref Qu 6, did you really ask "I have a feeling that you mention underperform overdeliver", or did you actually say "overpromise"? ;-)

It was kind of you to write up all your notes - certainly a very positive picture on an otherwise gloomy day

[nexus7] 12/10/2018 00:02

From the above link

Mergers & Acquisitions

“Our M&A activity is focussed in the region
with the largest oil reserves in the world”
Tony Hawkins, Legal and M&A Director

[nexus7] 11/10/2018 23:56

From MrMagoo31 Today 20:55
------------------------------------

NEW ROADMAP OF CERP ONLINE NOW All very encouraging !

[edgar222] 11/10/2018 22:45

Great write up, Offerman.

Thank you

[carpadium] 11/10/2018 21:14

Error, apologies

[offerman] 11/10/2018 20:08

Most welcome linmershin /Ulvers.