Member Info for 1509

I hope some of the big hitters on here can let me have there thoughts
I was having a general look at the hearing list for Wogcc and noticed Continental, Eog and others have a lot of matters to be heard.
Some of these relate to the Niobrara Formation.
I wondered where this formation was in relation to Copls fields.
There may be others but I found reference to this formation on one of our cole creek wells
Api No.49-025-23810
COLE CREEK well 11-27
http://pipeline.wyo.gov/wellapi.Cfm?oops=ID53040&napino=2523810
It looks like this well was abandoned years ago and an application was made last year to bring it back into production.
Continental etc seem to be very interested in this formation which appears to run through our land.
Is this anything to get excited about?

Count me in but I may leave the family sometime on the way to £8 and put my money into a boring utility company

Sorry
Shaa not Shaw

Shaw
Pre atomic I thought the risk was whether we would complete it. And if we did boom.
The rest is history but personally I think we are in better shape now to move forward with a good foundation
On the plus side the holders that have been here for the journey have had one hell of a ride.
I have not sold any and have tried to average down until ultimately funds ran out.
If things do come good it would be very interesting to meet up in Bolton’s favourite Benidorm bar.
Guess the members user name as they enter the bar. Be like a scene out of “one flue over the cuckoos nest”

Wwa
There is no right or wrong. Sensibly you should pay off some of your mortgage.
Your decision may be helped by how many shares you currently hold and how many you need to hold to be life changing for you and if you did invest some of the proceeds and if things did not go well could you stand the loss.
Personally copl is my largest holding.
You will have more information on the direction/risk when production figures are released. After September/October production i hope will shoot up.
If production indicates that Copl can cover its costs then the risk imo is low and the reward is very high
This for many here can be a life changing share.
You know as well as many on here what Copl and AM are all about.
When are you hoping to complete?

I think the JV deal will involve the similar painful silence during the lead up to completion of the cuda deal.
We may not like the way AM moves the company forward but i feel he knows exactly what he wants and is 100% focused to get there.
He is probably in the best negotiating position now than he has ever been.
I hope he can take advantage of this and the fact that majors atm have more money than ever to throw at projects.

Compared to August production

One less day in September 50k plus would be great imo

Shaa
Link for production
http://pipeline.wyo.gov/AllOpcoProd.cfm?oops=ID32003&RequestTimeOut=65000&nOpco=1769

Morning
So Art mentioned 2 potential events by the end of October.
This must increase the odds of Art producing one of them.
We can only hope

Is it possible that the bond holder is in discussion with AM in order to provide Copl with more funds to help keep the wheels moving

Would love that big buy to be Ryan buying in.
Doubt it but you never know

Afternoon.
Regarding the JV.
As mentioned by other posters is it a coincidence that the rbl has been licked down the road?
I wonder/hope that the partner may pay us a capital sum to cover the repayment of the senior loan with a bit more to give us some working capital. On top of this the partner will provide us with the casing we require for our own exploration.
In return we allow them to bring their own team and equipment in to develop the deep unit. Copl taking a percentage of what comes out of the ground.
Can you imagine Copl without the noose of the senior lender around out neck? Saving circa £1m per month in repayments
RBL will then be in the background if we need to apply for one.
Time will tell but if anyone can pull off a good deal it will be AM.
ATB

Hi
Last day to exercise looks like Monday

As we are so close to to the broker warrants expiring very soon I wonder if AM has this in mind in his timeline for releasing information

Just read Opul's post. Perhaps they are not the ones

Wwa
I think these are the ones from the Rna dated 8 August
The Company has also granted broker warrants exercisable over 5,895,000 common shares at an exercise price of 16.75 pence per share and expiring 90 days from 26 July 2022.

To see 60k in the production column will be a beautiful sight

Morning
I think perhaps for once AM is going to under promise and over deliver.
That twinkle in his eye and that cheeky grin, I think he knows what is coming when the chokes are released by being to be allowed to flare.
Id be happy to see a breakthrough into the 50K production for September a modest increase in October but breaking the 60k in November.
At the moment a see an analogy for Copl. At its current mcap Copl is like a bleating lamb in the middle of a Serengeti plain. Predators all around ready to pounce.
I take on board Illusions comment about the politic in the USA about takeovers and perhaps the JV is the start of a process where a major starts to quietly move into Copl and the basis of the JV but with its ultimate sight being on the bigger prize
ATB

The thought of looking at the production table and seeing 60k plus in a month will make beautiful reading.
Possibly edging towards it this month but more likely to show in November