Member Info for Eazy

News will come eventually and when it does may many bags follow…

January is still the blockbuster month, the market just wants to catch up on some more sleep first ;)

I wouldn’t be surprised if we finished blue…MM’s might’ve been caught out lol

Just went through:

06-Jan-23 08:31:32 16.00 250,000 Buy* 40.00k O

MM’s are playing a dangerous game…no reason for that drop in the morning

What can have been kicked down the road?

Thanks for picking this up LT…I checked the site earlier so must’ve just went up

2 horizontal wells now given the go ahead…looking good :)

Tbh Art hasn’t mentioned anything about horizontal drilling in relation to specific dates…the date info was picked by people on this board.

I don’t think he will say anything about it soon anyway as he applied for confidential status on the well so he may keep it quiet for a little bit.

http://pipeline.wyo.gov/whatups/whatupapds.cfm?nautonum=330250

Trolls close your eyes…

So with the hedge restructuring and the tap facility being utilised… doesn’t that now mean COPL has an extra $9m CASH to play with which could be more if oil prices takeoff from this level? ;)

Having a little nosey and found the CEO of Anavio was at Goldman Sachs for over 13 years…hmmm

Pilot - Believe or not just after Art RNS’d about CC re-completion works going ahead wyoming was hit with record breaking sub -30 degree temperatures(which I’m sure you’re aware of lol) so I’m sure you can be a little less stringent on the timing of confirmation from Art :)

He didn’t…

“We should definitely hear something this week. If not it's a fail.” - Thats an assumption I’m guessing and not fact?

Wasn’t you complaining about people making assumptions last week?

I’ve seen and been in companies which have put all their hopes and dreams on one thing happening then fall flat on their face when it doesn’t go as planned…so for me this is the right steps to take at this current time so he can undertake the tasks he has planned which will go ahead regardless of what happens.

Overreaction today imo but hey ho…this month is still the blockbuster month for COPL and today was I hope chart breather day lol

Catalysts for this month still stand:

*RBL(I still think it’ll be this) terms sheets could be signed this month

*CC re-completions(This strengthens the RBL btw if anyone forgot) have started and the work on the first well was scheduled to finish end of Dec so news can drop anytime now to confirm well is online and producing(Rig was onsite over a week ago)

* A JV proposal will be put forward to COPL early this month by the potential partner they’ve been in discussions with which COPL can then agree to if they like the terms

*Horizontal drilling is being done on the 1bn+ barrel oil discovery this month with an anticipated spud date 8th Jan(We may not hear anything about it straight away but might be able to pick up information off the WOGCC site even though it has been given confidential status which is expected)

Who said that pilot?

Link to the Malcy blog put up today commenting on todays RNS…

https://www.malcysblog.com/2023/01/oil-price-san-leon-angus-ceg-copl-beacon-and-finally/

“I agree, a good piece of news that makes the company look more attractive to investors as shown by the commitment of its lead investor to add more to the pot. Since I started looking at COPL I am more impressed as to how it looks going forward.”

MEM - Lol… Just for clarification I am saying those who sold this morning or are still sitting on the sidelines waiting to buy might be missing out on an great opportunity as we are expected to receive news(in days) on the completion of the first well out of 7 in CC re-completed for frontier 1 production which could add an ADDITIONAL c. 400 bopd to our current oil production if flow rate targets are met.

That’s better…I think :)

Now that’s out the way…CC re-completion RNS up next :)

Some peeps will get caught out when this drops within the next week

A very strong positive as the terms for utilising the tap facility was to ensure that there was a gain/increase in production as a result and not to keep the lights on like what some trolls *cough* toss..ers will try to say

New RNS - Tap facility utilised as expected for more funds in the interim

Also interesting… “The Company anticipates signing a Debt refinancing term sheet in January 2023 and closing the debt refinancing in the first quarter of 2023.”

Arthur Millholland, President and Chief Executive Officer, commented: "The Tap provided by our lead institutional investor today illustrates the confidence they have in our business plan going forward. Long term investors in the Company are key to our future, as they provide balance and confidence to our current shareholders, and other stakeholders, by allowing the Company to grow through the execution of its business plan. One only needs to look at Occidental Petroleum who have performed brilliantly with the support of a single long term lead institutional investor."

So term sheets coming this month also… VERY news rich period for COPL :)

Great post illusion as usual…whilst we’re talking about CCS

Remember this.. “…the Frontier Formation is thought to have an excellent seal for CO2 containment.” - page 17

https://pubs.usgs.gov/of/2012/1024/b/OF12-1024B.pdf

Very interesting…

It’s a loserrrrrr - You seem desperate and upset haha…by my calculations you should be selling your imaginary shares you don’t own this week on the spike you’ve been waiting for…isn’t that right loser? ;)

I think your boss needs to give you more training on how to deramp properly as your efforts are nothing short of pathetic…see you in 20s later this week…loser :)

These are some of the conditions for the horizontal drill permit that was approved:

* Notify the Supervisor at least twenty-four (24) hours before SPUD and BOP tests using the API#.

* All stimulations must be approved before completing.

* No completion fluids in any Pit w/o approval.

* Sundry all completions / frac prior to commencing for approval

Due to the conditions above it doesn’t matter if Art doesn’t RNS in real time about the horizontal wells progression as we’ll be able to get the data via the WOGCC site ;)