Member Info for 1509

On the sundries form the last sentence in the description mentions the re design of the gas gathering system.
My interpretation of this is that swp are on it but the design has yet to be completed.

on google .30.
I generally type into google cse xop and it comes up with the sp
https://www.google.com/search?q=cse+xop&oq=cse+xop&aqs=chrome..69i57.13158j0j4&sourceid=chrome&ie=UTF-8

Morning Coplhodler
Nice research into the swp records.
This well produced 4198 barrels in April.It looks like swp are getting to grips with the plumbing issue Art mentioned.
Not sure if the flaring will actually affect production but at some point when they install the upgraded gathering system I assume that the well will need to be shut down.
It looks like they undertook work on another well in April BFU 34-20V. It will be interesting to see the output of this one for May.
Atb

Dbh
Do you 100% trust Art?
I think if all the PI’s who didn’t trust Art sold up there would only be a few left.
I am backing copl and think Art will get us there but there will be some mute ups and downs.

Morning
When the sp moves like it has, naturally you think what is going on.
Unfortunately with Art at the helm you could expect the worst. This issue in trusting what Art says is a big point for me.
Fundamentals no problem what the hell Art is going to say in the next rna is a worry.
Last working day for objections today so i'm hoping we will get an rna saying no objections early next week.
If Art has not got what we would see as bad news up his sleeve then, at this level the sp has to be a gift.
I did my final final final top up a couple of days ago.
Now its a wait and I agree that the time from now until August this year will form the foundation to build on
Atb

Logically the sells may be short positions being closed in the light of the news which is coming next week.
Unless he is setting up a deal for Cnooc I cant see a placing coming as with the cash in the bank, revenue from Cuda and the RBL (if it comes through) surely he will have enough money to fund any upgrades etc.
With regard to the formal completion of Cuda it would be in Copls interest to delay this so the time between drawing down the bridging loan and the RBL being set up is as short a period as possible in order to reduce the interest payment on the bridging loan.
Atb

Stas
Do the April placing warrants have an expiry date of 6 months after issue

Bridge
14 minutes into the investors presentation AM said that since June 2021 Copl have been taking Cuda's revenue
https://www.youtube.com/watch?v=rvC74_frOAI&ab_channel=InvestorMeetCompany
I am aware that another date of March this year has been mentioned.
As is typical AM who knows which one we go with

Tree
Friday would be nice but practically I think it maybe Tuesday.
Before the news release the court would have to formally confirm no objections and this court moves at its own pace.
Atb

Tiburn
Any thoughts on this
Well BFU 34-20V production Jan Feb Mar April 4774 4561 5100 3848 respectively.
There is an emergency notice from swp dated 5/4/22 requesting to install a 5000psi flanged flow tree.
Is this the start of the improved plumbing Art has mentioned?
I assume this is the reason for the dip in production for April
This is the link for the notice, it can be found by clicking on emergency flaring
http://pipeline.wyo.gov/Wellapi.cfm?oops=ID3423&nAPINO=934818

Morning Art
Hope you managed to get some sleep,
That’s the million dollar question. What is in the rs report.
Everything coming out of copl is positive plus AM has indicated that rs has found something positive which copl missed,
It won’t be long until we find out.
Like a few in here we hope this share will be life changing
Atb

Shaa; Yacht
Thanks.
I'm for news in this order
No objections
RS report
Completion of Cuda.
RBL
I think each will have a positive effect on the sp but the RBL and its implications will have the biggest.

Subject to court approval I am sure that the initial agreement to but Cuda will be legally binding so the release of the RS report should not effect the transaction.
Anyone know when the 14 day objection period ends?

Housekeeping up to date and Wales are through to the world cup a good evening
Good luck for June
ihowell
arcm 4.55 4.7 0.15 0.032967033 3.296703297
sav 4.4 4.3 -0.1 -0.022727273 -2.272727273
tern 14 13 -1 -0.071428571 -7.142857143

Nolupus
imm 6.35 5.95 -0.4 -0.062992126 -6.299212598
iqai 4.35 4.25 14.25 -0.1 -0.022988506 -2.298850575
dnl 14.25 12.25 -2 -0.140350877 -14.03508772

xv
pxen 4.4 4.4 0 0 0
radison 0.18 0.12 14.25 -0.06 -0.333333333 -33.33333333
eog 2.55 2.5 -0.05 -0.019607843 -1.960784314

1509
copl 20.22 22 1.78 0.088031652 8.803165183
knb 5.12 4 -1.12 -0.21875 -21.875
trls 18.5 20 1.5 0.081081081 8.108108108

Must have been a tricky month,
Finally I picked a couple of positive shares
Top 3
1509 copl 8.8
1509 trls 8.1
ihowells arcm 3.29

My picks for June
copl
angs
clon

Percentage figure is the last number on the right
BoJo
agl 107 103 -4 -0.037383178 -3.738317757
ggp 13.3 13.3 0 0 0
sclp 10.75 14.25 3.5 0.325581395 32.55813953

ihowell
arcm 3.45 4.55 1.1 0.31884058 31.88405797
sav 4.62 4.4 -0.22 -0.047619048 -4.761904762
tern 12.5 14 1.5 0.12 12

John
pxen 4.64 4.4 -0.24 -0.051724138 -5.172413793
copl 25 20.25 -4.75 -0.19 -19
evg 4.25 3.5 -0.75 -0.176470588 -17.64705882

Nolupus
stx 20.25 17.75 -2.5 -0.12345679 -12.34567901
dnl 15.5 14.25 14.25 -1.25 -0.080645161 -8.064516129
evg 3.75 4.15 0.4 0.106666667 10.66666667

xv
eisb 5.85 7.05 1.2 0.205128205 20.51282051
radison 0.19 0.18 14.25 -0.01 -0.052631579 -5.263157895
sar 127.5 220 92.5 0.725490196 72.54901961

copl 25 20.25 -4.75 -0.19 -19
knb 6.5 5.12 -1.38 -0.212307692 -21.23076923
trls 19.5 18.5 -1 -0.051282051 -5.128205128

Difficult times, a line of hopefully positive news is due to come out for copl. Court decision confirmation on Cuda. Ryder Scott report, formal completion on Cuda transfer and confirmation of RBL.
Imo bad news is out of the way, positive from here, a good level to buy in.
Anyway
Well done to everyone - xv withe a 72.5% jump.
xv sar 72.5
Bojo sclp 38
ihowells arcm 31.88

Full result in next post

Hi
Sorry about not posting April’s result I will Be on it tomorrow with May’s
If you are feeling up to it let me know your picks for June

Live long
Thanks for the link
Atb