Member Info for Eazy

Actually I was early on the 16.5 but it’ll be gone soon…too much volume :)

16.5 gone lol

Chooo chooooo!

17p will be tested today if buying continues

L2 16(3) v 16.5(4)

16.5 won’t hold for long imo then next stop 17p…MM’s running scared hahah

Thanks beesty

Now approaching the grandmaster for the last few months at 17p lol…

If we break that things get very exciting :D

16.2 paid…up we goooo

Panama very soon…MM’s still have it NT to buy below 10,000 shares above that it’s 16.2 to buy

L2 15.6(1) v 16(1)

NT for £1K

16.2 for £2K

16p paid…16p will be broken imminently! :D

Another wave to upside coming soon last buy was 15.99 :D

L2 15.6(1) v 16(3)

In the near-term with so much news coming our way…

* Hedges restructured and COPL are ‘effectively unhedged’ from Jan - June 2023 with upside exposure to crude prices meaning more $$$$ being banked and ‘the business itself is standalone as profitable’

* RBL sign off can come at any time with COPL in discussions with 5 banks expecting term sheets from at least 2 institutions in the near term

* JV discussions(I think we have good idea with who *wink wink* lol) are in very advanced stages with technical due diligence completed and COPL has now been informed after putting across their proposal ‘a potential way forward will be presented by the JV Party in early January 2023’ to them

* Cole creek recompletion works have started now and a rig has been put onsite on the first well(1 of 7) with an estimated finish time end of December with the well going online shortly after(Estimated initial flow rate is 400 bopd per well)

* Horizontal drilling is also scheduled to be done on the FED deep billion barrel oil discovery with an anticipated spud date on the first well(1 of 2) 8th Jan 2023

And more in regards to our oil field which is already producing oil ;)

The clock will stop ticking soon…then it’s boom time! :D

GLA

Beesty the canadian market opens again on Wednesday.

https://thecse.com/en/trading/market-operations

LOL those figures were incorrect…

Current Prod: 39, 719

The 6 new Cole creek wells running at:

@100 bopd - 18,000 per month

@200 bopd - 36,000 per month

@400 bopd - 72,000 per month

But the market continues to zzzzz lol

Current Prod: 39, 719

The 6 new Cole creek wells running at:

@100 bopd - 18,000 per month

@200 bopd - 24,000 per month

@400 bopd - 48,000 per month

But the market continues to zzzzz lol

50 - 100 bopd is very achievable imo as that’s around what the initial flow rate was on a few of the wells completed for frontier-2 production in 2012… The question is whether Arts engineer is correct in regards to the c. 400 bopd initial flow rate as that would be outstanding.

Something to bear in mind which Art mentioned in the interview which I also confirmed looking at some documents is that the Frontier-1 is MUCH thicker than the Frontier-2 and is where most of the billion barrel oil discovery is stored so the potential is there imo.

Also have a listen to the interview from the CEO last week if anyone hasn’t done so already…

https://youtu.be/hlFIFiQ4Ddo

We tested 17p multiple times over the last few months but failed to close above this level so a close over this by end of year would be a sight to behold…a 15% rise over the 2 and a half days of trading should allow this to happen :)

What are we sitting on? Hmmmm

In simple terms…even Santa’s jealous of what Art has ;D

Merry Christmas all…even the naysayers :)

GLA…2023 should be a blockbuster year for COPL!

Yesterday in Wyoming was the last of the -25 and below temperatures so we’re all good to get the first re-completion done at CC with the well coming online end of December/early January and drilling the FED deep with the horizontal which is also currently scheduled for spudding in early January :)

Crude oil back at $80

Art is bullish on oil prices and he isn’t the only one

P.S. You see how quick iron got involved with the conversation regarding a possible large sell transaction but was missing all day yesterday…hmmm ;)

Canada is set up good today…very heavy on the bid

https://thecse.com/en/listings/oil-and-gas/canadian-overseas-petroleum-limited

Shaa Canada is open today