Member Info for ChasPB

Yes, and with OIL now $101 UP 4.5%, more funds for the coffers

Yes, Thanks Jiddy, enjoyed watching the presentation and then comparing some of the detail to the RNS.

Hopefully AM is correct (or better) re Oil Discovery volumes, perhaps he has been tipped off whilst waiting for the report that all is good.

Take a Comfort Break, enjoy a Cup of Tea and watch last weeks Interview, then re-read this weeks RNS.

https://www.proactiveinvestors.co.uk/companies/news/988198/canadian-overseas-petroleum-reaches-financing-deal-on-favorable-terms-to-close-cuda-acquisition-988198.html

then from this weeks RNS:

Ryder Scott Resource Report

Earlier this year, COPL commissioned Ryder Scott to conduct a Canadian NI 51-101 compliant resource assessment of the major discovery the Company announced to the market in January 2022 its assessment of an estimated total reservoir volume of 1.5-1.9 billion barrels of Oil in Place ("OIP"), of which 1.2-1.6 billion barrels of OIP underlays COPL lands. The Company expects Ryder Scott to confirm these findings when it publishes the report next week.

Currently UP 8%

Wonder if they're expecting news Intraday/Close and/or Early tomorrow morning for ourselves?

And, We are already in Q3 for the last 3 weeks

Doubt if any lender would part with $25.2m unless they were certain what the future looks like (RS Report or content at least) and can be Comfortable/Guaranted it can be repaid some time in the future.

SP now UP 9.26%

Could be news at the (Canadian) close today, or 7.00a.m. in time for Opening of UK market

crude Oil UP noe $101.38 - good omen

http://pipeline.wyo.gov/AllOpcoProd.cfm?oops=ID11285&RequestTimeOut=65000&nOpco=1769

Still Waiting for Junes Figures

http://pipeline.wyo.gov/AllOpcoProd.cfm?oops=ID11285&RequestTimeOut=65000&nOpco=1769

Waiting for Junes Figures

FYI:

Canadian Market closed Friday, July 1: Canada Day

USA Market closed Monday, July 4: Independence Day

Previously, a member used to provide a link to a "MONTHLY REPORT" for the amount of OIL Produced in USA.

Is it available yet for May &/or June?

Thanks

Now UP 8%+ - Very small volume

Acorns and Oak trees comes to mind though

Quite strange, only 46,673 shares traded (so not very many)

Current Bid / Ask showing as: 0.24c - 0.26c

Although price at 0.2150c

Crude Oil $111.40 (UP)

Bobrad - Take the rest of the week off mate.

From the RNS of 10th June:

Contractors are working toward a target date for first flow of well-head gas through the plant during the week commencing 20 June 2022 with first export (i.e. sales) nominations the week following. Angus looks forward to providing updates via Twitter, Linked-In and RNS Reach on detailed progress through the remainder of the commissioning sequence.

Dividend Yield should be close to Double Digits if maintained.

... and why shouldn't it be?

Good Buying opportunity

Maybe of interest to some?

https://www.bbc.co.uk/news/uk-england-surrey-61731019

An application to drill for oil in Surrey has been approved by the government after it had been refused twice by the county council.
The planning application had been opposed by campaigners and the Conservative MP for South West Surrey, Jeremy Hunt.

Mr Hunt, who was attending protests against the drilling in January, said: "It's absolutely extraordinary after COP26 in Glasgow that we are even thinking about drilling for oil and gas in this area."

Surrey County Council had twice refused permission to build two exploratory wells at Dunsfold.

COPL currently estimates the total reservoir volume of the discovery to be 1.5 billion to 1.9 billion Bbl. of Oil in Place ("OIP"), of which 1.275 billion to 1.64 billion Bbl. of OIP underlays COPL lands

· Production has already commenced from the Dakota Fm, the lowermost reservoir sand in the BFU 14-30VF discovery well (100% WI) at 100-120 Bbl. oil/d

Since the Jam10th announcement has this 100-120Bbls oil/d been confirmed or updated, Extra income of $12,000+ per day

Thank you ALL.

This shows up the Good Positive side of BB contributors

GLALTH

Thank you LGin, I didn't know there were so many variations of Oil.

Out of interest, What sort of price does Bonny light Crude attract per Barrel