Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
No good jumping up and down calling this a dog and any other names.
IMO Mulholland is not driving this anymore, everything is down to the the JVP.
The GGS is small potatoes to those LTHs who need the sp back to 30p plus, we need the large energy company with deep pockets to come in and start drilling, COPL in it's current form cannot do it, money on the table required.
"......too big...." Mulholland needs the JV.
Appears that we are thinking on the same subject this morning.
"At the same time, the U.S. Geological Survey (USGS) estimates that the Powder River Basin contains approximately 1 billion barrels of remaining recoverable oil". meritage website update was written sometime in 2021, so do not know if it includes the COPL estimates.
https://www.meritagemidstream.com/operations/powder-river-basin
Talking about tight oil plays including Frontier. https://netl.doe.gov/node/9481
I see fatfood continues to do his/her unsubtle negative views and repeating the mantra of lack of refining capacity.
Ever heard of crude oil storage capacity.
https://www.reuters.com/business/energy/us-buys-3-mln-bbls-oil-stockpile-announces-plan-3-mln-more-2023-06-09/
https://tradingeconomics.com/united-states/crude-oil-stocks-change
https://www.economist.com/united-states/2023/05/18/anoint-my-caverns-with-oil
Good evening Panama, I have largegin sitting next to me and smiling considering the sp, in fact he has become so laid back about the sp he does fall off his....you know the rest.
In May 2022 he posted this https://www.energytech.com/energy-efficiency/article/21241707/exxonmobil-expanding-worlds-largest-ccs-facility-in-labarge-wyoming
All the best, hoping something happens this year with the JV, that for us is the only hope for a sp revival.
Panama, regards from largegin, he offers you this, what about suspension before agm with a JV anouncement to be made at the agm, that way he rides the storm about the sp at 4p, just a thought!!!
Good luck, that is me offshore for 6 weeks, bottom drawer, cannot think about it anymore.
"when do you expect news of jvp ? who do you think jvp is?"
Many including largegin are hoping it will be Exxon, I and him joined the dots with Exxon's expansion of the Labarge CC unit.
We both were only interested in the JV and sell out this year.
All these production updates, 5000bpd by the end of the year, 10,000 bpd 2024/2025 not for us, if you rely on future production data it would mean that Mulholland is going solo which for our whole group would be a disaster, ask panamabob!!!
For lg he was only interested in the JV after the abyss that is Nigeria.
I hear an echo coming from the abyss........yes got it, up yours!
2857mal, i work with largegin and have done for the last 18 years in the oil industry, largegin left the bb in april and i joined the bb.
you could say joined at the hip as we both live in malta and work on a oil related ship.
i know the full goings on about copl from him, i stayed with matd from 2017 and him in copl 2018 so we are both in the ****, i jumped into copl january this year at 15p, thinking it will not drop anymore.
i believe in the 1bbl.
up yours!!!!!!!!!!!!!!
Yankee, I did on 5 May.
Got some info in my post wrong, fat fingers typing on a mobile. "no" and 8 not "11".
I will hold off voting untill 22/23 to see if there is any clarification.
"I could go on but will not, please pass on that our group of eleven investors hold 8 million shares and will vote against all resolutions except change of name of company, unless there is a positive clarification concerning the last announcement on Sedar."
Tonlin, I have know idea what Mulholland is up to.
All I can assume is he is sitting on a sea of oil which he never knew he had until August 2021, nearly fell off his chair and through 2022 he did not know what to do with it.
Should of sold it last year but now he has LTH's 90% down and plays consolidation games.
He should be supporting the shareholders, he has got till May 22 to explain or eleven of us have 11 million shares which will vote against all proposals.
Opticrazy, it is all there in my mailbox below, I have deleted my account number, will vote nearer the time, waiting to see if there is a clarifying RNS.
Voting mailbox
Type of Action Date Received Account Number Company Name Event Due Date Status Information
VOTE 10/05/2023 CANADIAN OVERSEAS PETROLEUM LTD Annual General Meeting 24/05/2023
Shareholder Information
Shareholder Information
Nice one Eazy, "JV talks have progressed onto commercial terms" it should put money on the table, this will wake up the market.
It all depends on COPL making a good deal, there's the rub but the JVP knows the oil is there hence the NDA in my opinion.
"Hardly any of the posters I like to read with respect have disappeared".
Just stuck my head in before bed panama, largegin always mentions you as one of the realists, he is still holding but in the bottom drawer, we work on the same ship, his hand is in a JV, he cannot see any other way out.
He did me well , GLEN, NCYT,SNG
"Yup, there were certain posters that were saying JV needed in the first half of 2022, say no more!" but now left the bb but still holding.
Lots were talking about production this production that but a few were saying you need to get the oil out of the ground and you would only do it with a major JVP. "Deep pockets is required" was one of the sayings.