Member Info for elland

So. Yesterday 1.7m shares bought against less than half sold and no change. Today less than half,net again and 10% down. What's that all about then ?

The numbers dont add up. Go back over the last couple of months and the buys have far out weighed the sells. Not in the number of trades perhaps but certainly in volume. The share price fall is due to the lack of confidence in the O&G INDUSTRY. The expected M&A activity didnt materialise. The oil price decline since June has been deeper than I expected. As a company, COP are not immune from the sentiment but do not have the same cash problems as some others. Patience here will be a virtue.

Same pattern as before and still modest prices. Small sells huge buys.

well put Daysleeper and my thoughts are the same. This is an opportunity to make some short to medium term profits or hold for a potential takeover.

I have spoken to Investec - They say that if the Court cases were significant there would already have been an RNS. Re the price, Investec believe that COP are falling along with the sector and no other obvious reasons. They maintain a buy rating at 33p

I have just checked and there is nothing registered over 0.50% . It would be a big gamble to short this stock at such low prices and with news on the way

A nice little 500k buy yesterday. Someone still bullish here. Despite recent falls I am more than happy to wait for the long term

Agreed Stockdale and very frustrating. Are MMs keeping this low and if so, for what purpose ? I still think that we are getting tainted with the Oil Price falls more than any specific problem with COP. We all know that is unfair because of the stable Gas prices that we achieve. Look at the volume sales though. No big players are selling.

There has been a constant pattern over the last month or so of large double purchases within a minute or so of each other. I am sure someone is loading up and this will eventually result in an RNS. And what a price to buy in at

I GUESS THE INVESTOR THAT HAS JUST BOUGHT 1.5M SHARES DISAGREES. AS I HAVE SAID BEFORE, SOMEONE IS BUILDING A STAKE HERE

Harsh Stockbuyer and I dispute the 2 wells out of 7 remark. Are you a holder here ?

Last evening, after business hours, I received an encouraging e. mail reply from Susan Prior Group Executive Finance Director. I will be pleased to forward the full text to Ramerci, Stockdale or anyone else interested. My request for detailed info on the production since year end will be covered in the interim results. Last years interims were published on 3 Sept. Replacing the Country Manager seems to have been a major step. Since then local contracts have been renegotiated to bring costs down. Also the drilling operation is now far more efficient allowing COP to catch up on the planned drilling operation for 2014. Recent drilling successes have resulted in increased reserves of Gas allowing COP to retain these and look for new sales contracts for the "right volumes at the right price" Re Tunisia an admission that the initial drill cost too much. They expect the Tunisian authorities to ratify the permit renewal and believe that the recent tragedy could have influenced the delay. Good point, the Government will have had other priorities. Re PR, Ms Prior explained that after the release of the 2014 figure, the BOD spent 2 full days meeting with various Analysts to begin the process of engagement. A number of them advised that they are in the process of either commencing or recommencing coverage of COP. Ms Prior expects a couple of firm to initiate coverage over the coming months. My thoughts - COP is still an exploration company as well as a successful production business. Too many recent referrasl on this board to " dusters". Its part of the game ! The BOD seem more than happy with the way things have gone in Morocco this year in both permits and have much reserves at good fixed prices. More wells to be drilled and you must expect the occasional dud. Tunisia has been expensive but the new CEO will already have a Farm Out partner in mind and this will be announced soon after the permit renewed. Prof Green obviously got that one wrong. The CEO understands that COP need City support and I expect to see further or increased investment from Major Investors as well as more broker coverage. It is now obvious that the team of the 3 main directors , Susan Prior along with the Chairman and CEO have a focus on where they want COP to be in the future and are working hard as a team, to improve shareholder value. I remain a Strong Buy.

Can't believe these prices. The people selling must have a different interpretation of the potential here to me. I have read both Ramercis and Stockdales earlier excellent posts. The details on the Gas find and production alone value this company higher than £40m. The fixed price of gas sales with increased production immenant, if not already here, has nothing what so ever to do with oil prices. Add to this Egypt and the Tunisian potential. I am still awaiting an e mail reply from the BOD Updating us on production and articulating profit potential as costs have reduced. I have also stressed the need for them to start with some credible PR suggesting an interview with the financial press confirming the positives If this makes me a ramper, so be it

Taken advice from Mickey Git and e mailed K Bush today and received derailed replynwithin hours. He says that although share price affected by price of oil, which may stay low for a while, operating costs will also fall. The only reason for recent share price weakness is the oil price fall. He knows of no other reason. He still expects that Canadian well 15-23 will be back in production this quarter despite some maintenance delays. Progress been made in Italy and he expects this will eventually reflect in the share price

Acknowledged and awaiting reply later in the week. In the meantime price has stabilised here and last RNS seems to have been discounted

I have e. Mailed the BOD and requested some up to date numbers for production in Morocco. Many successes here earlier this year and end of last and it will be interesting how this has effected production and income.

And again late this afternoon the same double purchase pattern. This time £65k worth in total. Better end to the week than I thought. Watch for news of increased shareholding of one of the major holders or even a new investor

The last trade on here was mine and it was a buy.

I noticed two more 500k buys on Monday. One showed as a sell but was an obvious buy as within a minute of the earlier one. Another 400k buy this morning. I still think that someone is building a stake here. We are still expecting news re Tunisia permit extension and farm out plus update on gas production and third drill of latest field. We are an Oil and Gas company with Gas focus increasing all the time at stable prices. The oil price, although unhelpful, is dragging us down with less justification as with some of our peers.

I have received an e. mail this morning from Ms Prior the CFO. She will pass my comments re the share price and lack of Director share purchases, to the rest of the board. She also informed me that currently none are possible as they are in "closed period" while preparing interim results.