Member Info for 1509

I think the run in to the release of the CPR (who knows when this will drop) will be interesting.
Pre confirmation of the Atomic deal the risk was will the deal complete. PIs who took the risk thought we would be quids in on relist.
We now have a situation of value pre and post CPR. The risk being will the CPR confirm the contents of the rns.
I have know idea but say the CPR confirms the rns, is a reasonable initial sp level £3. In this knowledge this could well drag the sp up to a much higher level than it is know even though the bbl/d aren't meeting expectations.
My exit point pre rns was £1.3 to £1.5. If it gets to this level pre CPR and the report is not glowing then in all likelihood it may well retrace substantially even though the fair value is still around £1.30.
My leaning atm will be to take some profit and leave some in for the ride.
Anyone have any thoughts on this predicament?

Will the CPR be prepared using the data provided by Copl?

Hi Xv
Before I committed more money into copl I wanted to wait for some positive news.
Subsequent to the last Rns I have made 2 top ups. Can’t believe we can still get in st this level.
Thoughts now turn to what the next Rns will contain
Tr1
Joint venture
Takeover
Copl developing the find own it own
Cuda deal - this may be kicked up the road as any bids are wrapped up in red tape.

Fantastic Rns
Never seen a happier bb
Well done to all holders are day may have arrived

OMG
I don’t know what it means my moving forward but it looks bloody amazing
Can one of the big hitters on the BB explain the implication.
Well done LTHs
Plus Cuda to add to the party perhaps?

AM is in a fantastic position really as through SWP he controls the production.
Leading up to the deal it would make sense that December will not be a gushing month.
Effectively on 4th Feb the agents will report back to FTI. The bids deadline may be close of business on 4th (Friday) so bids may only be reported back to FTI on 7th.
It would be great but I think it is an outside chance that we will get an rns on 7th as inevitably FTI will have some form of red tape to go through before they can release the who is the successful bidder.
I will email FTI to ask what the process is after 4th Feb to get some idea on timings.

Having just said this he may have a sting in the tail during Jan if he feels the sp I not where he wants it.
He may release information to the effect that the harsh weather conditions have affected production

Hi Tiburn
The opportunity to release information before 4th Feb I assume could impact on the valuation of Cuda.
If the lack of comms is to keep the sp suppressed and as a result keep the value of Cuda low then, unless a release is about Nigeria Or the bid for Cuda has been agreed I can’t see AM giving out any information before 4th Feb.
I think we have been through the pain only a month or so to go to the big reveal

Morning
So Detring the agents for the receivers show this for Cuda
"56 PDP wells generate strong
production and cash flow across the
Barron Flats Unit (“BFU”) and the
Cole Creek Field Unit (“CCU”)"

From my research Copl have 39 pdp. D
Can someone help reconcile this.
Do Cuda have wells outside Copl's area?
Thanks

This from the agents marketing Cuda.
Does not appear to mention Alberta.
https://detring.com/wp-content/uploads/2021/12/CUDA-Energy-Conventional-PRB-Non-Op-Oil-Opportunity-12.2021.pdf

Morning Willibo
Are these for the long term comp or just for Jan.
If you can let me know your picks for both
Alb

Morning Bojo
I think this puts a spotlight on what may be considered to be companies working within what may be considered to be unstable.
I have FAR and a company KEFI on my watch list. Keffi has had similar problems.
Literally sitting on a gold mine but the regime in the area has stalled any progress.
I am sure some PI's will dream of making 26%.
Alb

Morning.
Thanks for the entries I hope to post the full entries in the next day or so.
some great picks.
Although I will regret saying this I am excited about copl and he1.
If He1 has a good sniff of He where will the sp end up. I have no holding in the company but what a speculative company it is.
Alb

Thank goodness we have had a blue day.
Looks like Cuda's interest in Alberta is going to be split from Wyoming.
If this is the case then it will reduce the buy in price for the Wyoming asset.
If AM did not have so much on his plate he may have enjoyed the challenge of Alberta but I am pleased that he may not have this distraction.
If the sp starts gaining momentum and AM wants to pull it back he may issue some news about the effects on production due to the current weather conditions. If he does this then then It will all be part of his plan to suppress the sp pending the bid for Cuda.
The latest sp movement down to circa 16.5 could be the floor so any dip back into the may be enough for me to buy more at this level. My lowest buy in has been 18.25.
The old falling knife kept falling - I must learn not the catch the blinking thing
Alb

Morning
Xv, Syn you entered for Jan comp, did you have any picks for the long term comp

Thanks for the messages.
I am lurking in the background, my money is tied up in copl so not particularly active in looking at other companies.
Looking forward to getting some trading funds out when copl comes good.
I assume copl holders are watching copl's bb. Looking like from mid Feb could be interesting
Also holding odx and avct.
Odx is a bit of a concern and my thoughts are if they don't get a contract from the government (to manufacture lfts for whoever) in the next week or so they may be in a position where a placement may be coming. If there is no news then I may sell and if copl is still sub 20p use the money to average down.
Alb

Nolupus
Brh I would love to give you a head start @43p but I think you go your digit the wrong way around.
John
Just in case there is a stewards inquiry I need to take .17 as the sp as this is showing on lse

My extra 2 are
he1 a
Iqai

A bit of confusion over the number of picks. Last time there were 5. I was so use to picking 3 I just put 3 down.
I would like to keep to 5 so for anyone that chose 3 if you want to add another 2 please do so by the close of business today.
Thanks

Morning Bojo
Thanks for the message.