Member Info for Eazy

A 250k block buyer has appeared…bottom might be in if the buys keep rolling in.

The forces hard at work losing control by the minute :)

A big battle going on with the shorting crew throwing everything at it as expected with us breaching support… fun and games😊

One would expect a blue day today…haven’t been this low since 2020 and we’re pretty much at the major support on charts…traders will look to jump in if bounce is confirmed…

Fundamentals going one way while SP goes another…someone is wrong but this will be corrected in the short term…

Hopefully the late heavy buying left MM’s short of the confetti that recently got issued…JBER went top of the bid into close so looks as the thought that might be the case.

“might of told him what a **** ceo he was in a drunken rant”

I would’ve also blocked you lol

Sounds like you have good spice, enjoy :)

Hopefully we can break into the 4’s tomorrow.

GL All :)

“This is the point of capitulation for most, hard for me to say it, but this is likely the time you should be buying, it is times like these, when the SP is really on the floor where things can change in the blink of an eye.

Example, if May production figures come in around the 42,000 figure or above, investors will look at this and see the bottom is in, production getting stronger GGS starting to work, they will relate this to an all time low SP and realise almost nought loss potential with the majority of smaller bond holders having converted, they'll jump in strong.

Outside of unknown updates like JV's etc, It all hinges imo on the next production update, if that's good, we fly, if its not then Art would be best taking a very very long holiday”

“Art's scam raising money on the back of lies to fund his self enriching salaries, where's the RS report, where's the RBL, where's the 4 banks all over this wanting to support, where' the JV where are the 2022 objectives, why do I need to strap myself in or is that to stop myself falling off my chair after the oil gods shined on me and sent the SP from 35p to 3.5p lies lies lies”

On the same day? Lol

“kids love clowns”

They must love you then🤡

Prophetus *cough* Joke…

“You have been rampastically wrong about this share all the way from the mid thirties”

Provide evidence for the above? When did I first appear on this BB? I think you need to do a little bit of digging before calling me out on such things

Lol and what is ‘our’ side of the story mr “Enjoy the ride down”?

You’re a joke.

We already know lol, low volume and…

“7,343,941 of the Shares were issued 7 June and 4,895,960 of the Shares will be issued on 12 June.”

RNS - June 5th 2023 - Operations Update

· Three conversions of BFSU flowing wells to pumping-flowing wells have been completed;

o Production from the first converted well in the program is up 110% from pre-conversion levels. The well was converted in mid-April, with stable production averaging 190 Bbl./d in the month of May, up from an average of 90 Bbl./d flowing excluding downtime periods pre-conversion.

o The second well is producing oil above pre-conversion levels but is not yet stable. Paraffin treatment schedules are being evaluated which are intended to bring stability along with enhanced production levels.

§ Both of the first two wells in the program experienced significant downtime in flowing configuration from Q3-2022 to Q2-2023 due to paraffin plugging. The conversions accompanied with scheduled paraffin treatment programs are intended to maximize production from these wells and eliminate production interruptions.

o Conversion operations on the third well were completed just days ago, with the well returning to production on May 31.

· Oil production is increasing from the well conversions and the resumption of the Company's production optimization program after weather-related disruptions in Q1-2023.

o April 2023 average gross production: 1,170 Bbl./d

o May 2023 average gross production:1,330 Bbl./d

o April and May production includes production downtime as COPL America undertakes well conversions to pumping-flowing, wellhead upgrades and paraffin remediation treatments. Production is expected to increase from these wells following these conversions and proactive paraffin treatments.

· The initial phase of the second Cole Creek Unit ("CCU") recompletion for Frontier 1 oil production has been completed;

o The well has been perforated with oil inflow observed on perforation. The Company is evaluating options for stimulation of the perforations, and the timing of these, in conjunction with its JV discussions.

Arthur Millholland, President and CEO commented:

"The Company is progressing on all fronts outlined in our last Operations Update. We are pleased with the progress on the construction of our Gas Gathering System Upgrades and are fortunate to have been able to acquire the necessary high-pressure production equipment we require here in Alberta, avoiding supply chain and long lead times in the United States. The results from our first well conversion have so far exceeded our expectations. Production from the converted wells takes time to settle down to design and implement a well specific paraffin treatment regime. We are active on all fronts and will continue to update the market."

Crude up 3.9% today

A JV with any major/large oil company would make an immediate impact on the SP… right now it’s ‘we won’t believe it until we see it’…

3LP… Although this is my own thoughts the below is what I’m getting at…

In January before the storms disrupted Cole creek recompletion works Art announced that the second well scheduled in the program was going to be ‘CC 4-27’…the works have since then restarted and the well scheduled was evidently switched out for ‘CC 12-23’ as this was the second confirmed well to be successfully recompleted for frontier 1 production last week…

It was noted before that Art has more to gain in JV negotiations by doing the 12-23 well first as it has more data that the JV party can get their hands on(proving the resource etc.)…

23th January -

“The Company has defined an "Oil Down To" elevation for the Frontier 1 at Cole Creek with an area of approximately 8,000 acres”

“An "Oil Down To" elevation at the base of the Frontier 1 perforations has been determined. This elevation is approximately 760' below the crestal elevation of the Cole Creek Anticline. The area within the "Oil Down To" elevation is approximately 8,000 acres with reservoir sand thickness ranging from 50-115', thinning in the northern area.”

“At Cole Creek we only have 6-7 well bores with sufficient integrity for recompletion and hydraulic fracturing. One of these wells, 12-23-35n-77w had oil flow observed at surface due to reduced mud returns during drilling of the Frontier 1 at an elevation below the "Oil Down To". We will get to it in time.”

So my conclusion is the CC 12-23 well was done to enhance Arts position in JV negotiations and we know the recompletion was successful so bodes well for COPL.

“COPL should be required to rerun the vote after they have made every effort to correctly inform UK investors”

If the voting was rerun and the same results were confirmed would everyone complaining then shut up? Hmmm I find that very unlikely lol

12-23 well*

Must be the jet lag…lol

I would also like to add…

If folks think the reason for Art skipping the Cole creek recompletion on 4-27 for 11-23 wasn’t a power move in the JV talks then more research is required by some…

Was*

What my post listed with facts… Yes or no?