Member Info for 34quintadolago

It is just a beginning.........
But a very good one.
While the actual gas injection at BFU started slightly behind schedule, once it started
the impact has been visible in the crude oil production increase. On monthly average
basis, production has been in line with the CPR expectations, in our view. As
presented in Figure 4, if this monthly trend continues, we estimate that the 2021
production will be in line with the CPR. However, although it is still early and only
few data points are available, we point to two potential signs for outperformance
beyond the CPR’s scenario:
1) The company reported several daily production rates (June 30th, August
17th, and September 1st) significantly above the average daily rates (Figure
4). This arguably demonstrates that the asset can deliver levels significantly
above the CPR scenario, and potentially more in line with the International
Reservoir Technologies Inc (IRT) simulation scenario (assuming these
outperforming levels can be achieved on consistent basis).
2) It is also worth noting that the reported average crude oil production levels
were achieved with lower-than-expected gas injection levels. While the
company was hoping to achieve injection levels of 10mmscf/d, the average
injection level in the first five months was c.7mmscf/d (due to slower ramp-
up and shortage of butane). Therefore, reaching the 10mmscf/d injection
level may potentially increase the average production rates beyond the CPR
scenario, but this remains to be confirmed with time.

BFDFU Deep – an exciting discovery! In its most recent update, COPL announced
a discovery in the Barron Flats Deep Federal Unit (BFDFU). While no new
information is provided at present, the pre-drill estimates of the different
targeted areas suggest combined potential recoverable volumes even larger
than the BFU unit. If successful, we expect each discovered barrel of oil to be
worth roughly in line with the CCU reserves. While the flows are yet to be tested
and further appraisal would need to be done, in case of a success and only as a
point of reference, we note that a potential 38mmbbls discovery could
ultimately lead to a 75p/sh value accretion.

“Waiting helps you as an investor and a lot of people just can’t stand to wait. If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that.”

I've heard
"The stock market is a device for transferring money from the impatient to.........wait for it.......
THE PATIENT

Yes between 0.55-0.80 p value at present not factoring any other news which may be released.

Didn't work but well worth a listen if you search traders cafe.GLA

Traders Cafe with Zak Mir: Dragan Trajkov, Analyst, Alternative Resource Capital on Canadian Overseas Petroleum https://**********.co.uk/articles/traders-cafe-with-zak-mir-dragan-trajkov-analyst-alternative-resource-capital-on-canadian-overseas-petroleum-42d9f8c #COPL via
@**********

I'll need a carer to feed me at this rate,wherever we end up

You did say 0.35p party.

Too late Shaa its shut.....lol
According to the plans, the Savoy fish and chip shop first opened in the 1940s but has been empty for more than 20 years after closing for business in 1997.
“In March, 2017, the building suffered a fire which damaged the fittings and contents on all floors causing smoke damage throughout and since the fire the property has been boarded up.

Never thought id be excited about a mini spike to 0.31 lol

Shaas that is......rns link negative

link works for me.

Cant believe you slipped through my net Gregborio,into to the green abyss you go.

0.30 GBX +0.0070+ (2.37%)today
It's been a while

The Dogs turned green on Google.....must have eaten sommat

For gods sake get out then Iron.
You're a misery.
Bitter because this caught you out before you could trade lol

Dont say that prophetus you'll upset the doom mongerers

Yes 100 to 1
Probably guided to to do this by major players.
Lets move on now.

To quote HFB
"so a 100-1 return at 32p ish as they seem to have nailed us down here

Then do they let it climb with a figure in mind for perhaps a raise for
taking cuda or whatever with 156m shares in issue

so a 20% dilution 31.2m shares would raise around £10m

or 31.250 m Shares at 32p = £10m

OR
as have seen on other better consolidations they have let it rise before the
raise with a figure in mind , all to a sticky investor not a wonga lender/dumper
I guess we find out this coming week

Still stuck here at 0.32/32p or News recovery higher price Investor let in with
a substantial discount to market price but NOT A DUMPER fingers crossed"

Who is categorically stating a placing immediately after consolidation.
Smart money on letting in Big guns then place