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John
In business you win some you lose some
John
Real investors dont buy spikes, they buy a business
My apologies
Theyve just put trade date as yesterday
08:14:16 18.15 325,000 58.99k
Lol , Pilot
youve had 81 posts in last 30 days and all on copl
RBL is coming in january. So the Jv partner better hurry up as we will have the upper hand
Isthisaloser
All your negatives are priced in!
Do you really think we would have had placings, bonds, hedges if we were doing 5000 per day
Cuda would have been bought out easily from cashflow.
5000 x 110wti x 30 days = $16.5 million per month
when copl bought atomic they put out a circular valuaing copl, when they had proven reserves of 26million boo, at $164 millions.
That was when wti was on the floor.
agree, MEM
Whichever way you look at it it will be huge, gargantuan
https://cowboystatedaily.com/2022/08/08/billion-barrel-oil-reserve-discovery-confirmed-in-central-wyoming/
If its good for the senator its good for us.
We have permits....... and we are spudding next week
Agreee, Sageman
Its all about foreseeing value
Fish,
How much profit did GGP/EUA post last year?
But i bet many PI,s laughed all the way to the bank!
If you understood pe ratios you would have retracted your comment
Welcome to 2023, fellow coplers
I would assume the potential jv partner has given genuine credence to the rs report. that is why they carried out dd and that is why they are still here after 3 months
Therefore, i will also have to give credence to what Art said after the FED DEEP discovery.
"The acreage is 50 square miles. We can drill 3 wells per square mile producing 1000-3000 bopd"
Lets say only 75 wells are drilled
Lets say we only have a 50:50 split with out JV Partner
Lets say we only have wti at 80$
Lets say we only produce 1500bopd from each well
Lets say net back of 40%
Lets ignore the other 60% of acreage
Lets ignore Cole creek and BFU Production
75 wells x 1500bopd x80$ x 360days = $3.24 billions turnover
50:50 split 3.24/2 = 1.62billions
net back 40% = 0.648 billione
Lets give copl a p/e ratio of 10( remember copl is a growth company, Exxon has a forward pe of 7.9 and not a growth company)
0.648 x 10 = $6.48 billions
This is assuming CAPEX is carried by the JV PARTNER
Agree, Duc
If we can get all assets to produce, supported by bouyant wti there is no reason why copl cant be a 100 bagger
Moving up currently $80.37
We could have perfect storm next week.
i thought market opens 14.30
ill leave that to Tiburn, lol
as far as i understand, Shaa, Frontier first well is spudding on the 8th jan
0:24:14 18.758 200,000 37.52k
Yep, Tiburn
.......and thats aside of Shannon and Fed deep production potential