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It's been 16 months since the discovery (well drilled August 2021) It was officially announced to market in January 2022
that it was a big find (nearly 12 months ago). Majors must surely have had access to, and been poring over, the data for quite some considerable time.
Stas20. To say AM doesn't respond to negative emails is a bit of a misnomer. Last night I 'vented my spleen' at the disappointing production figures and received a very reasoned response from him. Basically the wells they are having problems with are flowing at very high pressure and emitting Butane. You cannot have an open flare as this would be dangerous. Vapour recovery equipment ordered to negate the problem. Enhanced facilities are now in place. If you read the presentation given at the WOGGC hearing you will see an explanation of the facilities installed.
Nigel Little, Non-Executive Director of COPL, said: "It is clear to me that the Company is embarking on a very exciting period of growth with proven and unproven reserves ready to be exploited by the highly-efficient and sustainable facility in Wyoming. With bright prospects and the opportunity for a re-rating of the stock there couldn't be a better time to join the Company and share my insights and expertise."
It's almost 12 months since this comment was made by Nigel Little
'Genuine investors are concerned at the amount of activism on small oil & gas message boards. The activism is from groups of people working together and spreading FALSE INFORMATION on the daily across multiple tickers',
Taken from another board but the 'cap' fits here
Well if we don't get action on the drilling front then all credibility will be lost as far as I am concerned.
I have been here since this came out of suspension and all I have seen is share price decimation. I am willing to give this until March 2023
Late in Q122, the Company reached an agreement with the Bureau of Land Management of the Department of the Interior for a minimum yearly drilling program to satisfy leasehold drilling obligations. This obligation from March 31, 2022 to March 31, 2023, and subsequent 12-month periods, is for the drilling of a minimum of 3 vertical or 2 horizontal wells. It is the Company's intention to drill at least 2 horizontal wells by March 31, 2023 into the Upper Cretaceous Frontier Formation to satisfy this requirement.