Member Info for Danielm89

The CLN?

Might be to do with this:

The Prime Minister also announced a review into banning retailers selling “nicotine-free” vapes to under-18s. This will ensure the rules keep up with the way that vaping products are being used.

'Completely unacceptable'

Mr Sunak said a surge in the use and promotion of cheap, colourful products shows that some unscrupulous businesses are targeting children.

“I am deeply concerned about the sharp rise in kids vaping and shocked by reports of illicit vapes containing lead getting into the hands of school children,” he said.

Along with the nastiest CLN ever seen on prospectus filing 175m shares 2-8p

I see no reason that 300 bopd couldn’t be achieved once the pipe work is replaced? Current pipe work HDPE just doesn’t allow the kind of consistent pressure need.

The issue with HDPE is that the burst pressure is lower than if it was rigid or flexi, and the pressures they are dealing with are at or above the maximum allowable, hence they need to choke back to reduce pressure or otherwise risk rupture. Installing rigid means they can increase the design pressure of the gas gathering lines, essentially what is coming up from the producers alongside the oil, therefore increase production, but also it enables them to increase pressure of the MF. So it works twofold.

They also want to install a new compressor which will help with the increase of the MF injection. The higher injection rates, the higher (in theory) the production they should get

Thanks everyone..

Let’s f**k these shorts once and for all

300-500 bopd PER WELL potential when the top producers are hooked up.. 2500-4500 FROM 9 WELLS.

that’s before the other 25 wells and 6 recompletes.

It won’t happen overnight, we all know that.. we hold copl for god sake..

Bondholders? Our enemy? No.. our saviour (hear me out)

Anyone remember the bridge loan that was planned… (now that wouldn’t have ended well).

Please bondholders can we have 10m?? Not a problem (imagine a 10m placing in current market conditions).

COPL LETS BE HAVING YA YOU BEUTY

Https://www.canoverseas.com/wp-content/uploads/2023/05/BFSU-and-Cole-Creek-Operations-Photos-2023-Program_compressed.pdf

Look at all this progress.. thats 5 newly converted wells I count from last year. 2/6 recompletes. With 9 high production wells being tied into a new gas gathering system. 34 production wells total (40 if you include the recompletes, with the recompletes being 100% owned).

Copl peak production was 1900 bopd 85% net, before all these upgrades. The well heads and pipe work is old and cannot cope with the pressure needed that’s why production has been 1500-1000bopd for the past year.

The well head fixes have been ongoing and phase 1 of the gas gathering system and new pipe work due to finish end of June start of July.

Copl is risky and has some serious churn.. however I think it’s 2-6 months away from a complete turnaround.

It was dropped from 17p due to having to file it’s going concern (not because of the bonds) and at 20m mcap I feel there’s opportunity here.

Can’t help but think this JV will surprise everyone.

Current revs are 5-7m per quarter. Bonds/warrants priced at 6.75.

Exxon owned this asset in 1940s pre 1-2billion barrel find

And has jvd with copl before

Some oil and gas JVs happen with just licences and there’s some massive examples of rockstar JVs (AET,AEX)

Copl is already producing (albeit hampered atm)

Has booked reserves of 35-44m 1p 2p (before the recompletes)

Giving it a NAV of 300-400m alone on this

Infrastructure already in place

ONLAND with low tax and royalties

In a prime position geographically for carbon capture, especially with Exxon and Wyoming state leading the way

https://wyoleg.gov/InterimCommittee/2021/09-202106247-01Quillinan_JMC_06_25_21.pdf

Wyoming carbonsafe project (carbon capture)

Copl is miscible flooding (fracking) if you didn’t know and uses enriched gas (methane/butane) at Barron Flats. The other option is CO2, of which there is a large supply in Wyoming with a CO2 pipeline 25 miles from Cole Creek. In the US there is a $65/ton tax credit for CO2 injection into an oil reservoir. This is quite attractive as it offsets the increase in costs required to handle CO2. You’d imagine the Prospective jv partner is focusing on this.

Can’t help but think the spreadex tr1 is a short position

Seen as you blocked me for correcting your “wrong” chart. Sma and ema are totally different

“Since EMAs place a higher weighting on recent data than on older data, they are more reactive to the latest price changes than SMAs are, which makes the results from EMAs more timely and explains why the EMA is the preferred average among many traders.”

A little moronic really, considering you also posted this on a swing bot alert on twitter stating “support on the 200 ma”.. how can it have support on the 200 ma unless it’s above it??

Maybe you need to start issuing refunds to people you’ve conned, maybe try car sales? Oh wait you failed at that too..

So seen as you can’t block me on here, you’ll now threaten physical violence im told, well I’m a pretty rough mush from a pit village so this is right up my street. I’ll happily provide my address so I can slap you around my garden.

Much love.

For those that don’t know santos is a 10billion mcap driller in the region

Santos Dukas prospect next door, apparently the high pressure broke the drill last time around..

and also deeper information that may allow Mosman to link this permit to the large “Dukas” prospect to be drilled by Santos in the Southern Amadeus Basin in the next 12 months

This will certainly give a taste of how big the EP licences are

The next step for Mosman will be to progress the technical work to further define the prospectivity of the permit. Acquisition and interpretation of 2D seismic will comprise the next significant exploration activity in the current permit year (expiring August 2022), prior to identifying a drilling location and drilling an exploration well (by August 2023). It is a requirement that prior to any field projects, including the 2D seismic noted above, a Sacred Site Clearance Survey ("Survey") is acquired by the Central Land Council (CLC). This was agreed and scheduled by Mosman and the CLC for November 2021. Unfortunately, Mosman has been advised by the CLC very recently that the Survey will not now happen until April 2022. All seismic and drilling activities are subject to obtaining the necessary planning approvals from the NT Department of Industry and Resources, which are currently being coordinated by the project manager (ResourceGeo). In anticipation of any further delays to project approval Mosman may seek an extension and suspension to the current permit year.

Seismic reprocessing at EP145 has confirmed the shallow multi-payzone anticline, similar to the reservoir zones at the nearby Mereenie oil and gas field (ref https://wcsecure.weblink.com.au/pdf/CTP/01927704.pdf), and also revealed information at deeper levels. This new information includes indications of a salt diapir that may provide the sort of trapping mechanism found in the Gulf of Mexico, and also deeper information that may allow Mosman to link this permit to the large “Dukas” prospect to be drilled by Santos in the Southern Amadeus Basin in the next 12 months (ref http://centralpetroleum.com.au/wp- content/uploads/2016/10/Santos-Seapex-Presentation-AMADEUS-Johns-et-al-2017.pdf).

HUGE

“Link to santos Dukas prospect”

Only being drilled next week

Bit of buzz in the MSMN telegram group

I’ll post the group link on twitter just search #MSMN

In April Central Petroleum announced a gas discovery in the Southern Amadeus basin at their Mt Kitty prospect. Initial flow rates were announced to be up to 530,000cf/day from a gas shows over 108m. The Mount Kitty prospect is part of the Santos A$150,000,000 farm out of Central Petroleum's Amadeus basin exploration ground, including a block adjacent to EP(A)155.

Santos bang next door

So mosman trying to use and abuse USA to fund acquisitions and licenses? With ep155 and ep145 being the beasts?

EP 155

With seismically defined closure based on CPR 2U calculations of 3,400 acres, nett attributable Prospective (recoverable) Resource volumes to the Company of Helium are 111 BCFG, Hydrogen 102 BCFG and natural gas 0.91 TCFG with respective in-situ values of US $38.51 billion, US $0.62 billion and US $2.72 billion.

JV gets funding soon, and fronts all costs

EP 145

Similar size and 100% owned, JV talks next month

USA

1.5BILLION boe reserves and JV in place with 160bopd net to msmn

Is this right?? Have I missed something??

3m mcap lol

I’ll post the link to the Octp telegram group on twitter…

Search #OCTP and click on the latest comments.

Imagine being a company about to do MHRA clinical trails… oh wait..

This Phase I first-in-human clinical trial, due to commence in Q1 2023, which is being funded entirely from OCTP's existing resources, will be conducted in the UK in healthy volunteers, with a single ascending dose. The trial aims to demonstrate the safety and tolerability of OCT461201, whilst also providing pivotal information on its pharmacokinetic profile, to confirm its value as a potential drug. The clinical trial is anticipated to complete within Q2 2023.

OCTP

Carlsberg don’t do perfect timing… but if they did

The Submission follows the successful completion of OCTP's extensive pre-clinical work on OCT461201, under the Group's £2.6 million contract research agreement with Aptuit (Verona) SRL, a subsidiary of Evotec SE. OCT461201 is a selective cannabinoid receptor type 2 agonist which has shown potential as an effective therapy for chemotherapy induced peripheral neuropathy ("CIPN") as well as irritable bowel syndrome ("IBS"). The global market for CIPN alone was valued at US$1.61bn in 2020 and is forecast to reach US$2.37bn by the year 2027.

Sorry, away from the screen. I think as a thc producer you aim to being able to sell.. as a product producer you aim to being able to sell.

Both which require MHRA approval, the clinical turnover after this approval is very quick. Already agreed planned and paid for and this happening just the other day

https://www.gov.uk/government/news/mhra-to-streamline-clinical-trial-approvals-in-biggest-overhaul-of-trial-regulation-in-20-years

Plus factor in the mcap of 12m when it was 40+m on ipo.

CEL now 90m mcap from 30-40m on MHRA news. 150% rise

They applied 22nd December and received it 14th march.

OCTP 12m mcap MHRA news due any minute.. they applied 16th Jan 100% would put them at 24m mcap and still a 50% discount to ipo at 5p

Using working days and using cel as a reference it’s very soon.