Member Info for Eazy

I agree, very impressive figures during initial completion Stas…they still haven’t re-completed the well for the frontier formation yet so they’ve still got some fresh untouched oil to get out…powder river basin isn’t a one trick pony, it has multiple pay zones ;)

http://pipeline.wyo.gov/whatups/whatupcomps.cfm?nautonum=132071

COPL is in a excellent position with the assets they hold :)

It’s funny how quickly this board starts going into meltdown lol… keep the focus on GGS, Increased oil production, JV etc.

Small daily movements will be dwarfed by what will come over the next few months :)

Tiburn the producing well you’re seeing at that location is the BFU 41-30v…

The 2 horizontals would have been drilled at locations which have producing wells(Targeting shannon) on the well pads already if the theory is correct as per the logs…

Individual well data looks good for July…surprisingly there were a few dark horses in the release with some wells reaching their highest monthly output since 2018/2019 :)

Also it may have not been picked up on but the monthly figures for July were 37,831. There was an error which meant the 4-27 well was not included in the figures… so slightly up in July :D

Finished on UK equivalent 4.67p :)

News will come…

Art is very busy at the moment…things are moving behind the scenes :)

A little bit blue after the attempt to encourage sellers…they need to try harder ;)

News can land at any day now we’re approaching the end of august…things are looking very bright here so expect the upward move to continue over the coming weeks…

Here’s to a blue day…I wouldn’t want to be over the long bank holiday :D

“Now I think this GGS will work. Absolutely. Get production up above 1750 to 1950 and then a shade over 2000 but not above 3000 without drilling.”

COPLs previous system before they had to put the brakes on allowed the field reach a daily oil output high of 2700 bopd before the system was allowed to max out…

With the new GGS in place 3000 bopd will be blown out of the water without extra drilling :)

COPLs NAV was upgraded a couple of days ago by their broker…

NAV increased from...

Risked: $154.1m / Unrisked: $610m

To this...

Risked: $229.9m / Unrisked: $752m

What's our MCAP? £30m

Have a great day all :)

@Edgein I agree. However there will be things in the July production report which most investors won’t be looking at e.g. flaring data etc.

This is what also makes this update a very important one for us to analyse although August will be where we see the big increase in oil output :)

The devil will be in the detail in the July production report… there’ll be some very interesting data for us to look at :)

Still a bargain down here and news can land at any moment… Here’s to another VERY blue day :D

Canada now 23% up at UK equivalent of 4.63p

Due any day :)

Lovely blue day here today…

This is only getting started with the amount of news to come over the next few weeks and months…

Still very undervalued at this level but that’ll change as the days go by :)

@pilot Through the grapevine…keep your eyes peeled for an update ;)

The SP will be doing a whole lot more than that as COPL moves through the gears…2500+ bopd expected before year end and that’s just one piece of news…

Also at £23m MCAP currently COPL would still require a temporary suspension when announcing a JV with a large oil company…

All coming together very well :)

News will come when it comes… GGS is online and working better than expected on the field so I’m happy to wait…

I suspect some will be caught out when an update arrives… have a great weekend everyone :)

TS these are producing wells producing from the Shannon formation.

The well(BFU FED 14-30) at that location is what found our billion barrels of oil :)

NE of that location you’ll see the new well pads which is where COPL had been given the go ahead for two horizontals to exploit the frontier formation :)

Nice sunny weather today for the COPL team whilst they carry out field works…I wonder if they’re impressed with how the upgraded GSS is operating :)

https://www.wyoroad.info/highway/webcameras/I25Casper/I25Casper.html