RE: Elon Musk interested in Oil7 Mar 2022 08:21
join the dots....
Elon musk wants oil, and COPL has huge oil discovered
join the 2 dots.... that's all I can say
Canadian Overseas Petroleum Limited (CSE: XOP, LSE: COPL) has announced a “significant” conventional light oil discovery at its Wyoming asset.
The company noted that the discovery has been confirmed on COPL’s large leasehold position in the Converse and Natrona Counties in four Frontier Fm. and one Dakota Fm sands. The business currently estimates the total reservoir volume of the discovery to be 1.5 billion to 1.9 billion barrels of oil in place, of which 1.27 billion to 1.64 billion barrels of oil in place underlays company lands, COPL revealed.
“We are delighted that this discovery reflects the scale of previous discoveries made over my career and in particular, the North Sea,” Arthur Millholland, the president and chief executive officer of COPL, said in a company statement.