Member Info for Bladderman

Exxon operate to the northwest wow - nice find Tiburn

Well it has* (not well was)

Revenue for COPL everyday is £100k at $100 using the hedged and unhedged and 85% on 1,900 bopd field production.

An additional 4k to 8k bopd unhedged and 100% COPL at $100 is £400k - £800k per day. Or £150M - £300M in revenue per annum.

Paience guys

Well waz has been ratified in the Canadian court last Friday. Waiting on the US end of thos month. and as a previous RNS stated it would be closed out in June (now is stated to be closed between June 10th - July 10th).

And the 4k-8k bopd direct to COPL is obviously independent of the facility upgrade effect which i believe will add a further 2k bopd this year so 6k- 10k bopd is a very real possibility. Plenty of room for optimism here don't you think Shaa ::::))

PS have 5 green boxes these days

Had if confirmed last night that from analogous fields each horizontal well is anticipated to flow at between 1,000-3000 bopd. In some of our other fields these could be even higher.

So that's 4k-8k bopd unhedged post Aug/Sept drill on that trajectory

Won't be sub 20p forever

Ain't gonna lie has fu**ed me off too mate. However, it has given me an opportunity to average down and believe in the story here. Let's hope that belief is repaid. Mind, there is a strategy in play now and we have the money to execute it. Should take us to a new level all together - let's see

1. CUDA
2.CPR
3. Refinancing.
4.Q2 quaterly update (mid July)
5.Drilling preparations

ALL before August and all near term: 1 and 2 will arrive May/June

Then August/Sept:
1.Facility upgrade
2.Frontier drills X2 (1,000-3,500bopd projected)

That should do it ???

CUDA US court sign off May 26th.

Closure completion between June 10th and July 10th 2022.

CPR to land jist after June 10th IMO

Tiburn - that 50% recovery which AM eluded too on say 1 billion barrels if it can be sorted will put COPL in a while new league (500M recoverable barrels if anyone is struggling with the maths). I have almost 3x the nunber of shares now compared to when we were suspended. Monster news flow items inbound over the conimg weeks and months and it started today. The detampers want stock as cheap as they can get it and who could blame them as the returns should be very hansome indeed. It's the only reason AM was able to secure £10M in an over subscribed placing. Fair play Yachtmaster. Buy low sell high

Iceman there are 600M shares in issue so for clarity it's worth £11M now

Well done making money here and lots of it.

20p on the Ask. Time the flush the rest of the placee turkeys. Should have a 20% day here soon enough.

Almost there re: CUDA to go from 56% to 85% for the deep horizon. Cha ching

How much more do they have to convert? Or are they done?

XOP up 4.69% currently.

Be intersting to see how they react to CUDA court hearing

We should hit 6,000 bopd (minimum).

That will generate an awful lot of revenue and with JV interest and sentiment the SP should be substantially higher come year end so yes IMO def worth holding ::))))

We're producing 1,900 bopd

On the conservative side we should be hitting:
Facility upgrade 1k
Horizontal drill 1: 1k
Horizontal drill 2: 1k
Total 5,000 bopd by year end.

If we get lucky we could be looking at 8-9kbopd.

I'd be happy with 6k bopd.

If the case we would be due a serious re-rate and set us up for a JV (as AM stated) or a buy out is another potential outcome. We have the money to execute all of the above. Do i think this will be 25p come year end. I dont think so.

Decent buying today and not many sells. Anybody would think news is due...

Here comes the Friday marching powder and about £80k of buys up to full Ask and NT

We'll either have our JV or be bought out because majors will then be very interestd- inparticular owed to the ultra low royalities and being onshore US (safe/stable jurisdiction)

Tiburn indicates that we should be targetting production of 6,000 bopd which includes
- current 1.9k bopd production
- facilities upgrade (2k bopd);
-2x 1,000 bopd from deep drills and that's the conservative end of 1-3.5k bopd)

Of courae if we hit 2k per deep horizon drill that will move production to 8,000 bopd.

How we can dream - although there is methpd to the madness and quite possible. Do the maths then OurJambo ::)))

CUDA we very key here