Member Info for 1509

Mobile flaring units so I assume that things could start to happen this month

Bloody great

Watching the hearing
Looks like Crowheart Energy are in deep do da

I just think for our potential we are just too cheap and it would be worth a major taking a punt on us.
Worst case if they did not find anything would be our current production which I think in a few weeks will be around 2000 bopd so a gross revenue stream of say £5m per month.
what is the downside for a major? A buy out would be small change to them

Big comment about the JV.
If there is a major out there looking at us, at our current price why do a JV just buy us out.
A while ago AM said a JV would be dilutive and did not seem keen on doing one perhaps this month if I heard correctly.
He has done a u turn and I feel he now see the writing is on the wall and Copl needs help.
If another major is eyeing us up I can see an offer coming in to buy us out rather than lets us get into bed with another company
I assume that Anavio still holds and are quite possibly our largest share holder. If a decent offer comes in £1.50 plus I think they will take the money and run and so will I.
Art has kicked the RBL down the road again I wonder why?
I think things will start to kick off
ATB

46250

Hi Beesty
I may be wrong, I understand that there has to be a certain period between Art buying and the release of information such as the RBL
Surely Art could not buy shares the day before significant news, there needs to be a black out period.

AM's stock purchase was on 26th August, I think the blackout period is 6 weeks so towards the 2 October
Art never likes to use separate RNA's when he can put everything into one.
If there is one thing that can put dynamite under the sp it a RNA which combines RBL and production increase details.
I'm not expecting a great increase for August mid / high 40's
I hope the from mid August the 1600bopd will be increasing so if he does announce the September production it will be well into the 50k per month.
ATB

Throw*

Morning.
Well 14-30vf
Came across this sundry notice dated 17/8/22.
It looks like certain formations have failed pressure tests apart from Dakota.
Can someone through some light on the impact this may have.
Click on the sundry with the date 23/8/22
http://pipeline.wyo.gov/Wellapi.cfm?oops=ID1695&nAPINO=948518
Thanks

Morning
Hoping for a slight increase in production for July which would indicate that June was the bottom.

Morning
That's what struck me in the interview why is he in the uk.
Meeting with bankers/investors?
I think Tiburn may have mentioned the details of the redemption of the senior loan and what benefit it is with the current low mcap.
Senior loan now 42m If RBL comes through up to 60m. We can easily pay of the senior loan and possible some of the convertible bond.
Surely we have reached the bottom
RBL incoming

Bridge
I think the recent activity with Anavio and the conversion of the convertible bonds has to a great degree taken away the control of the company in terms of decisions on its future from AM.
Prior to this AM with his options may have been the largest shareholder but not now.
It is a conspiracy theory and with our asset value I could see at least £1 being offered.

Shaa
Good article

I think in principle you are right but from a safety point of view they need the pressure to reduce in a more controlled way.
As far as I am aware they need the pressure at around 500psi and currently they are around 1300psi

The free flowing wells Art mentioned interest me.
Out of 4 wells 3 are now free flowing they are working on the 4th
They were pumped wells so say 150bopb per well - The free flow wells who knows could be well over 500 bopb per well
Remember when we had that rna stating production was over 2700 bopd.
We could get something similar

Generally now I think people will agree that there is a disconnect between the theoretical value of the asset and the mcap of copl.
I have read about the psychology of the markets. I wonder if copl is an example of this.
Right now if I were offered £1 for my shares I would quite possibly take it.
Anavio if they exercised their warrants would hold circa !5% of the company @ 16.75p per share.
Anavio are here to make money and now to a great extent can hold the destiny of who could takeover copl.
AM holds a good chunk but the way the PI's feel at the moment if a bid came in at £1ps a lot of PI's would go for it and quite possibly Anavio.
Avanio would have made nearly 6 times their initial investment.
Are Anavio in talks with anyone?
Like a good Columbo episode, he would find out who would benefit from such a low sp.
In this case at a bid of £1 everyone inc AM.
Very interesting times

Morning.
Can someone help me out
Can these bonds be converted anytime
If the bond holder sells these shares will it come out through a rna
One positive about the conversion is that I assume we will not be paying interest on $400,000

I thought the bond holder had to wait until the conversion date attached to the bond before they could get shares.
How can they convert the bonds now.

Wwa
15th in the table 1 point behind Liverpool. I'll take that. Lol
Like Connor Coady, Rondons back
Fingers crossed