Member Info for BigBear2

Calgary, Canada & London, United Kingdom, March 16, 2021 - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (XOP: CSE) & (COPL: LSE), an international oil and gas exploration and development company, today announces that its acquisition of Atomic Oil and Gas LLC ("Atomic") announced on December 16, 2020 is expected to close later today.

Arthur Millholland, President and CEO, commented: "The Denver Colorado area, where Atomic is headquartered, and the western states were impacted by a severe winter storm yesterday which caused disruption in the process of the transaction completion. It is on track to happen today and we are excited to finalize the process."

Happy days of course some numb nuts will try and de ramp it. Afternoon RNS or one tomorrow am

Today is the 15th!

Yeah I saw that but considering the magnitude of the deal and the fact this was forecast well in advance hopefully they got themselves sorted

time to talk the talk...

Arthur Millholland, President and CEO, commented: "We are on track too close the Atomic acquisition on March 15. Post-closing the Company will require sufficient working capital to operate Atomic and its assets according to its forward development plan. These include, commencing on April 1st, a dramatic increase in injected gas volumes (methane and LPG) at the Atomic operated Barron Flats Unit. The institutional investors in this placing recognize the quality of the assets we will acquire under the Atomic acquisition and their value to the Company in this time of strengthening global oil prices."

Jeez here’s how the game works....\
Initial investors (hadron etc) in on the earlier placing happy with a very nice gain and on to their next project.
These lot are done and are being replaced by investors with sticky fingers....13 million investment with no hurry to get stock on the market.
We are on the cusp of transformational news with a new investor base being sorted

If they were all sells this would have absolutely tanked.
The matched amounts implies to me they are worked sells and buys between one ii and another.
We need fat sells to get our seller out before news drops so the fact that these have all been absorbed is EXCELLENT news.

It’s irrelevant that’s simply based on the mid price.

Delayed trade summary

Time Trade Price Volume Value
17:45:34 0.347 130,000,000 451.10k O
17:45:34 0.347 38,620,071 134.01k O
17:41:23 0.354 100,000,000 354.00k O
17:41:23 0.345 100,000,000 345.00k O
16:31:00 0.35 6,766,875 23.68k O
16:28:38 0.3543 5,642,125 19.99k O
09:15:49 0.345 100,000,000 345.00k O
14:52:29 0.3489 15,000,000 52.34k O
09:41:00 0.3502 50,000,000 175.10k O
08:54:39 0.3488 13,529,819 47.19k O
09:41:00 0.3502 50,000,000 175.10k O
09:41:00 0.35015 50,000,000 175.08k O
09:41:00 0.35015 50,000,000 175.08k O
17:06:02 0.35 52,259,144 182.91k O
17:03:28 0.349 333,500,000 1m O

Feel a lot better when we see Hadron confirming zero stock. Leeches draining our gains.

Matters not it’s it’s either Hadron out and/or stock being transferred to another ii.
Onward and upward.

Huge no of chunky delayed prints Hadron now out IMHO

Yup question is buy or sell? Inclined to think another buy but who knows. Transfer of shares going on from hadron to another ii. All very convenient for owners vwap share conversion which should be happening right now

I am expecting a bigger print than that

300k dump just printed let’s hope for more lumpy trades after 4.30

You have a winning lottery ticket and some pen pusher is taking an age to validate it?

There has to be an RNS tomorrow

This much buying pressure with no movement...

Be ideal to get it overnight in Canada so we know what’s coming @7am here.
Be great if Art shoves two fingers up to all the numb nuts by also increasing our WI. Can’t see the Chinese selling yet but the other distressed party should be easy pickings to take us to 85%

Closing. The purchase and sale (the “Closing”) provided for in this Agreement
will take place at the offices of Seller at 10:00 a.m., mountain time, assuming satisfaction of all
conditions in Article 7, on the later of (a) January 31, 2020 if the Parties determine that they will
not prepare and submit a CFIUS Notice to CFIUS, subject to extension pursuant to Section 2.5(b),