Member Info for Brombarb

Anyone who seriously believes that there is going to be NOFO and is invested here should logically sell up and either invest eleswhere in a stock that they believe will either in time recoup their losses and possibly pay dividends or just take the cash and run. Someone "invested" for " years" has had ample opportunitites to get out or derisk on the spikes that have occurred.
NOFO = SP crash, why hang around, no one is chained to this share ?
Just my opinion.

Jiddy makes a very good point fourth paragraph 11:33

I have no doubt POO (future) has figured prominently in any negotiations that have (are) hopefully happening.
Every cent positive is just more profit for the producers and more reason to have a bullish outlook on exploration acquisitions.

Between them the BOD have 71.4M shares and 30M in options to exercise so I imagine they are committed to success.
DW 39M
ME 21M
SS 11M
As DW has stated he has reinvested the lions share of his salary into the company and will be sitting like many at a current deficit.

Brent $69.57 (08:20)

http://www.livecharts.co.uk/MarketCharts/brent.php

3.M or 0.05% all shares

0.014AUD = 0.00755933GBP


ASX(close)
1.4¢ 0.00%
Volume1.532M

Chi-X (close)
1.4¢ 6.67% down
Volume1.728M

equipment off Alkaid
Permit Company Starting Ending Origin Destination Load Tracking#
164102 Peak Oilfield Service 04/03/2019 04/05/2019 MP 380 Dalton Hwy,Prudhoe Bay MP 414 Dalton Hwy, Prudhoe Bay Drilling Pipe Shed Great Bear 2019A22
164108 Peak Oilfield Service 04/04/2019 04/06/2019 MP 380 Dalton Hwy MP 414 Dalton Hwy Drilling Rig Sub Structure Great Bear 2019A22
164110 Peak Oilfield Service 04/03/2019 04/05/2019 MP 380 Dalton Hwy MP 414 Dalton Hwy Drilling Mud Pit Complex Great Bear 2019A22

Icewine is milepost 377

sorry
COP acreage once unitised leases are taken out the equation ~ 183,000 acres

The net result is that COP acreage one unitised leases is;
CONOCOPHILLIPS ALASKA II, INC. 3,936.47 0.00
CONOCOPHILLIPS ALASKA, INC. 171,752.82 7,092.31

today 13:13hrs
confirmed leases in unitised (working) units are excepted from the calculation of holdings.
AS 38.05.180(q):
“All leases operated under a plan approved or prescribed by the commissioner are excepted in determining holdings or control under AS 38.05.140.”

less than 10M traded so decimal point changes inconsequential, just as likely to move up tomorrow.

SeaHawk
offshore, On Shore, Total acres at 1st March

CONOCOPHILLIPS ALASKA II, INC., 97,309.99 6,689.37 103,999.36
CONOCOPHILLIPS ALASKA, INC., 474,818.78 50,180.00 524,998.78
CONOCOPHILLIPS COMPANY, 1,811.50 0.00 1,811.50

So is it possible unsure, could be a Royalty deal but COP are not the only fish in the sea, some huge private oil and gas companies as well as the other Majors.

SeaHawk 09:50

Alaska Statute AS38-05-140c
"A person may not take or hold at any one time oil or gas leases exceeding in the aggregate 500,000 acres granted on tide and submerged land, including leases held both as lessee and under option or operating agreement from others. A person may not take or hold at any one time oil or gas leases exceeding in the aggregate 750,000 acres on all land other than tide and submerged land, of which not more than 500,000 acres may be located north of the Umiat baseline, including leases held both as lessee and under option or operating agreement from others. Where more than a single person holds an interest in an oil or gas lease, each person shall be charged only with that percentage of the total acreage that corresponds to its percentage share of the total beneficial interest in the lease."

https://en.wikipedia.org/wiki/Principal_meridians_of_Alaska

I will try to clarify leases in working units.

Of course may be academic if the deal is done on Royalty rather than Working interest.

Jiddy 10:15 link now added to Wiki88 Oil & Gas Page.

http://88ewiki.wikidot.com/drilling

5.0M or 0.08%

ASX(close)
1.4¢ 0.00%
Volume3.523M

Chi-X(close)
1.5¢ 3.45% up
Volume1.441M

Brent $70.38 (09:13)

http://www.livecharts.co.uk/MarketCharts/brent.php

SeeVee we are all in the same position, no one here knows when or what is going to happen unfortunately,
The AGM will be very hot for the BOD if no news at all so my money is on something being released before hand.
What that news will be?
Just my opinion.

Still don't know the true context and just wonder why you feel the need to keep bringing it up, would have thought you have much bigger fish to fry based on your post the other day regarding MRS.

I don't know the context of that statement (was there a leading question or just laughter?) but it is certainly not a statement that is in public record as far as I aware.
Did you get a guarantee by the way :-)

keefy I misinterpreted and thought it referred to our FO :-(
I get what you are saying we have a lot of posters who have little idea of oil exploration or the dynamics of business but pontificate all the same.
Sure this applies to us all to some extent https://en.wikipedia.org/wiki/Dunning–Kruger_effect
Nothing is certain but I remain hopeful.
good Luck

Superior Court case commences 8th April, although it looks as an attempt to reschedule to 5th April so lets hope for a quick decision (after all it's not Brexit), could mean bonds may still have their day and enable early full payment next financial year.