Member Info for Eazy

Everyone seems to be screaming for more updates but we’ve actually had quite a lot in the last 2 weeks imo which have all been positive…

30th Sept/1st October - Oil production update with a confirmed 11% increase from the month before

http://pipeline.wyo.gov/AllOpcoProd.cfm?oops=ID52273&RequestTimeOut=65000&nOpco=1769

4th October - Investor webinar with a presentation attached…News about JV was dropped!

https://youtu.be/S9JSgKErXBo

https://www.canoverseas.com/wp-content/uploads/2022/10/COPL-September-2022-Investor-Presentation_Final-20-09-30.pdf

11th/12th October - Flaring was approved and presentation was published with details about future plans

https://www.lse.co.uk/rns/COPL/copl-receives-gas-flaring-approval-kiwhc29d369meic.html

https://www.canoverseas.com/wp-content/uploads/2022/10/WOGCC-DOCKET-775-2022-Exhibits.pdf

Simple answer…yes

Oil major Occidental Petroleum has a JV with an oil company at the moment in Wyoming which they recently extended so we know there’s activity in the area COPL operate in…

“Mannheim. Salt Creek Oil & Gas, a wholly owned subsidiary of Deutsche Rohstoff AG (FRA: DR0), has entered into another joint development agreement with Occidental (NYSE: OXY) in the Powder River Basin/Wyoming. The development is expected to drill 15 additional wells and commence production in 2023 (5 wells) and 2024 (10 wells). The investment volume for Salt Creek totals USD 75 million.”

“In February, Salt Creek had already announced a first joint venture with Occidental with an initial investment volume of USD 65 million. The total announced cooperation with Occidental thus amounts to USD 140 million investment in the development of 31 horizontal wells. The first six wells began production in September. A further ten wells will follow in the first half of 2023.”

“75 million additional investments in 2023 and 2024”

https://www.marketscreener.com/amp/quote/stock/DEUTSCHE-ROHSTOFF-AG-6254036/news/Deutsche-Rohstoff-AG-Further-joint-development-with-Occidental-41973038/

Global markets rising due to suspect budget u-turn by liz truss…may rise with the tide here

Getting ready to go blue by the looks of it

Nope in 18 days we’ll get another report(Guaranteed) showing another BIG increase in oil production…so more dosh for company…lovely!

Brown I paid over 16 for a few £K couple of days ago…still not fussed as I’m not here for a 2p rise

COPL is an oil company gas reserves are more than their MCAP, it doesn’t take a genius to realise the maths isn’t adding up…

Production WILL increase again in this months report…everything else is noise :)

Top up*

Another tiny up top from me…I keep saying to myself it’ll be the last but the price is too tempting haha

I wouldn’t want to be out any day until January :D

Canada closed flat today…UK equivalent of high 16’s

Beesty you’re correct… 51-60% secondary recovery was stated in the flaring case ;)

Nice delayed buy!

12-Oct-22 10:06:49 16.4125 400,000 Unknown* 65.65k O

Funny thing is when it was postponed last month they dropped this 10% but now it’s approved they don’t want to keep the same energy…

The market can stay irrational longer than most can stay solvent…unfortunately for the market my shares are VERY sticky hands :D

The delivery of the presentation was something I would expect from an oil major…VERY IMPRESSED!

Onwards and upwards! :D

RNS will drop tomorrow morning and the 16’s will be HISTORY!!! :D

Choooo chooooo!!

The commission are praising the way they done the presentation and what work they’re doing!

51-60% recovery of oil in place….interestingggg

Second witness through smoothly…this is only going one way…shorters get burnt haha