Member Info for Eazy

Don’t worry when the horizontal well strikes the billion barrel reserve in January and the oil starts gushing out everyone will realise it wasn’t all talk…why does the large listed oil company want a JV again? oh ;))))

“In accordance with provisions in the new law, minimum bids on available lands will increase from $2 per acre to $10 per acre, the royalty rate on new leases will be raised from 12.5 percent to 16.67 percent and rental rates will go up.”

COPL’s assets just went up price ;)))

Spreadbet trades show up just after 5pm so that was a normal one

So many big buysssssss :D

And another chunky one…definitely a buy

15:15:52 16.00 178,000 28.48k

Loooooooad the boat!

He could still get it withdrawn by next Tuesday…I think that’s what he was working on

Link to hearings, we’re southwestern:

http://pipeline.wyo.gov/HearingFrame.cfm?Skip=%27Y%27&oops=ID15179

The opposition will be still be on the file as it’s the same submission, it was just adjourned…on the 11th the court will decide whether to go with the opposer or COPL…

Art mentioned he had it under control so we’ll wait and see.

15.945 94,073 Sell* 15.00k
16.025 124,804 Buy* 20.00k

Latest buys to come in…don’t be fooled most of the sells are buys ;)

Tiburn all ducks are lining up perfectly.

Changed my mind…just bought some now £2K worth…showing as a sell ;)

15.95 12,484

I would rather the board be filled with over excitement than the doom and gloom the trolls where trying to push out all day yesterday :D

And that’s conservative ;)))

£1+ imo with what we have

Some nice chunky buys… 4 trades at £10K plus already

I’ll be adding around another £3k worth tomorrow :D

Tiburn post bumped…

Much lower risk investment now

The prod has turned a corner and is on the rise towards profit - 1600 now, perhaps 2000 by end year and onwards, generating profit, 1000 of which is unhedged.

slide 13 - Production forecast for P2 by Ryder Scott shows 4000 bopd by end 2023

AM mentioned c 300-800 bopd is restricted currently, be good to know how much is going be gained by each measures in action to control the pressures

Direct wells tie in back to the gas plant, allow 2000 mcf/d to be siphoned off a day and reduce the restrictions on oil production.

Selectively build a high pressure gas gathering system only in high pressure areas of the field, reduces costs, higher earlier benefit.

Well pipe dewaxing - 4 slides on this detail, all good, but only one line on JV not mentioned until slide 24 :)

AM really needs to plan his delivery time - he knew he had 30 mins so practise and fine tune, present it to Ryan and gain feedback - offer an Exec summary in slide deck and interview, highlight the critical/strategic aspects first , then if time allows go into detail.
It was a confusing level of detail with side stories etc if your new to the Company - LTH know the background already so wasted on us - less is more, tailor your product to your target audience.

That said - CUDA is secured, prod rising, RBL coming and JV being negotiated is a serious business coup, no wonder he bought £400k worth of shares.

Well done Art.

They might go looking for some extra on shore oil production and guess who has oil that can extracted out of the ground….

…In comes art walking with that Connor Mcgregor swagger :D

The way oil is surging it’ll be back at $100+ quicker than I thought

Yes your correct… It was at a staggering 97444mcf for August, the highest it’s ever been…

Miscible flood working it’s magic and the trolls wonder why most of us are so relaxed ;)

Oil reaching session highs…US SPR reserves getting lower and lower… OPEC cuts output

The US will have to buy it back soon and when they do oil will be back over $100

Said many times COPL is entering a perfect storm!