Member Info for BigBear2

Personally just sick of the whole debacle with IIs doing whatever they are doing.
With wti closing in on 74 production increasing daily and a valuable discovery we should be flying…

Never seen a well go into production without a flow test…surely at least a DST?

My take is that larger players are trying to choke the minnows out and get the licences for nowt. It’s p9ss poor from RKH they should have started an EPS like HUR did.
Chances of farm in have gone from slim to zero now imho

Brent could reach $90 per barrel if the weather in the northern hemisphere turns out to be colder than normal this winter, Goldman Sachs’ Jeff Currie said on Wednesday, according to Bloomberg.

This is $10 per barrel more than Goldman’s current forecast.

The call for higher oil prices would come on top of the already too-high natural gas prices, which have sunk some natural gas power providers in Europe.

The natural gas situation in Europe will have a spillover effect on the oil market, with natural gas in short supply and crude oil one of the only viable alternatives as wind and solar power prove insufficient at this time.

Just breached 72 kick on to 75 on the cards

Well put Tilburn if it was not for our ii ‘chums’ this would have been easily trading at 0.7 plus.
Convinced we are simply seeing warrants shifted and stock bring taken on by new IIs at basement level.
VERY frustrating as fundamentals are outstanding

It’s all down to when to take a position looks like drill results mid December so a fair while to go till decisive news

Market appears to have zero confidence in big one assays

Should show significant increase in cash flow and bopd well above 3k, hopefully around 4k and with wti over 71 and looking primed for an assault at 80 sooner or later the disconnect will closer to NAV and current sp
Not long for these now…

Crazy there was a suspension on asx for. Big one results now market totally underwhelmed

Can buy 1 mill mo issue on ig

Some are happy to continually trade smal, swings and right now the mms are doing them a favour.
It’s v risky IMHO as this should move big time when over hang fully gone

Yup still IIs Fekkin around but feels like closer to end…

13:37:36 0.385 22,500,000 86.63k O
13:37:36 0.385 22,500,000 86.63k O

Ii buying in bite size chunks imho

Quite simply they will believe they can exit at a profit or buy back cheaper

Still here like flies buzzing around sh9t.

The word ‘transformative’ is quite often used, and suggests that a particular deal or find may have significantly changed a company’s fortunes. For Canadian Overseas Petroleum (CSE:XOP / LSE:COPL), its acquisition of the Wyoming-based Atomic Oil & Gas company has transformed it from an oil and gas exploration and development company to one that is now also in the business of production.

More than that, the acquisition is proving itself to be “a jewel of an asset”, as Arthur Millholland, CEO and President of COPL, described it to The Armchair Trader, as for a price of $54m the deal came with 31 million barrels of proved and probable reserves. And the timing of the deal was pretty good, too: at the time the deal was agreed, in December 2020, the oil price stood at $37/bpd; since then the oil price has rallied to today’s $69/bpd (11 September). The deal represents a return on investment of more than 50%, with a $2.18/bpd acquisition cost against a value of $7.52/bpd at net present value (10%).

https://www.thearmchairtrader.com/canadian-overseas-petroleum-copl-milholland/?amp

Please fek off we need to get rich….