Member Info for Bladderman

Tightening the spread at last!!

And the rest - runaway train springs to mind

They sold £340k at 0.11p yesterday.

At 0.11p the company was worth 3.5M. They held 9.6% on Friday. M&G are OUT guys

'....and these zones have been calculated as having circa 2.6 billion barrels of oil in place (each) with a conservative 25% recovery factor'

And today people can buy whist were valued at £13M MCap good grief

Using a very conservative $2 in ground valuation for potential 150MMBO (our 15% of 1000MMBO)

(US$300m ÷ 3.73 B shares) = 8.04 cents = 6.43 p/ share

Potential MCap £240m (3.73b shares @ 6.43p)

Could be higher if the oil field turns out to be bigger than +1 B barrels

Taken from twitter

Fantastic! Thanks Liquid will have a look now...

The MM let the last buy in 10 mins ago which cleared the Ask at 36p.

Loads have people miss understood the raise yesterday. Someone paid COPL £500k at 0
3p to invest in the company. What a vote of confidence that is!!!

Essar Nigeria is 100% focused on a single oil field play, OPL 26, which is situated 50 km offshore from the Niger Delta region, one of Africa’s richest oil producing regions.

The field consists of an area of 1532 square kilometres situated in water depths of between 40 and 180 metres. COPL is planning to drill its appraisal well later this year to test an oil discovery made in 2001.

Love the fact it's a round number too suggesting purchase from a professional who is probably after more

Purchased at 14:58 which was 0.3388p to sell at that time.

Massive confidence shown there.

Big blue day tomorrow then now it's filled!!

A free carry (with the option to increase to 15%) on the initial appraisal of the NOA structure is a super coup IMO.

Fully agree Mr positive the MCap is the focus here

Yes Mr Nation.

An unpredented opportunity for a small capper (£13M and a free drill is madness). The market will correct this. UKOG now £38M which is a lot for 400 bopd currently with a litte room for increase and expansion.

Up 45% now I don't believe it!!

Well done guys

Tomorrow we can be one if the leader board runners. Let UKOG and Boil have there day today.

4 now stacked on the bid

0.50p paid yesterday; at 0.36p is quite a discount!

Should do very very well from here!

Yep he called the placing right. However dilution is minimal and one investor has taken 70% of the placing at the same price he was saying one was on the way at 0.3p. So a placing yes but by no means a momentum killer. 40s tomorrow IMO as already more than twice the placing volume already traded today (500M plus)!!

MM don't like folk buying below 0.35p. They want to sell their collected stock in the 0.40s because in the days ahead folk will pay it

I got this very wrong and sold out too early this morning. Almost bought back in too!! Momentum here has been awesome. Worth taking a look at COPL for £13M on a free drill African monster drill.