Member Info for Bladderman

To COPL's credit the CC recompletion is well programme is very much underway and will strengthen our position. WTI nicely into the $80s too. Moreover, the Fed deep permit is in place. SP aside it's all coming together now

Legally binding...
Joint Venture Update
As previously disclosed, COPL was approached late in the third quarter by a large oil company ("JV Party") inquiring if the Company was interested in a Joint Venture partner to appraise and develop its Barron Flats Deep oil discovery announced in September 2021. The Company is bound by a non-disclosure agreement ("NDA") with the JV Party and as such is limited in its ability to disclose their identity and the nature of the discussions to date until after an agreement is entered.

The JV Party conducted technical due diligence on the Company's interpretation and technical information of its deep oil discovery which was presented as a significant extension to the Frontier and Dakota oil accumulation at its 100% working interest operated Cole Creek oil field. As common in industry the JV Party would also conduct their own internal evaluation, which we believe has been completed.

In early November, the Company presented its outline of a joint venture to the JV Party for discussion. COPL understands the concept is moving through their internal processes as the Company has been asked for additional time for the JV Party to present a potential way forward. COPL has agreed to this request and has been recently advised that a potential way forward will be presented by the JV Party in early January 2023.

Sad day for IOG holders - there were valued at £100M now £50M. Trouble is where does that company go from here??? Nonetheless, 650 trades - what's that all about. Evidently, loads of money on the sides in waiting :::)))

Exactly Tiburn, so I'm chilled. We've entered the business end of the month.....

Opilentia. Remember, the JV guys were presenting to us.....not the other way round. Apparently, works on the first well finished well over a week ago. This is more a statement to the prospect JV that things are moving a foot. IMO now is the time to be a holder as things are very close indeed

Currently WTI just touched $80

....well, when one delivers it like that Pkwendall :::))))

Hahaha. Well that tickled me Bolton - cheers

Radio silence to me suggests that something is brewing - and it's not the kettle lol. Mind, I have been know to have a flatulence problem. Jokes aside....

Darkest part of the night is just before dawn.....

Yep could be £20-£30M with all pipework supplied etc. Difficult to know. What I would say is if the interest in the carbon capture potential then expect this to be dramatically accelerated :::))))

PIs know how to shoot themselves in the foot. Big news is going to land here at some point. Despite the depressing SP we are in talks with a large O&G company. And with permit inland - the deep Fed well can be drilled at anytime. The first CC is done with application for the next. I've waited a long time to be at this moment. Hope it's a great deal for us

XOP is still around 17p

At this stage IMO 15.65p is a crazy price

Someone mentioned a duster earlier on CC - that is not possible. The well is 300m deep and will have oil shows. The targetted column is 65m so they won't miss it. Flow rates is a factor but if deemed necessary these can be frac'ed to increase the BOPD.

The potential suitor was expected to present to COPL in 'early January' following a few 'tweaks' post discussion. Remember, DD has been done. One would imagine that AM will now be discussing with the proposals with his team. Just chilled waiting for the big RNS. HEMO has gone from 1.15p to 4.2p over a few trading days so shares in the doldrums can't easily re-rate on the right RNS.

Over to you AM to deliver to ram it down the throats of the nayslayers

Look at HEMO....now up 300% and still going

Well done guys- great to see folk making money.

I believe we have someone on our board who is in contact with the MMs

News anticipated on well recompletion work next week - so I think we should start to move up later in anticipation. Big selling looks pretty much done so time to look up....

The SP and market cap is simply stupid. Have a feeling we'll get some Friday FOMO later today

How high will it go this time...

Like most I'm frustrated by the SP. but on the otherhand excited by the future.

Exactly Tiburn - tweaking of the joint venture