Member Info for LargeGin

Yup, no problem with that view point...........take it easy.

Both................very lucky to live here.

I have a reputation to live up to.................enjoying the sunset in Devon...........take it easy .

feck me...................potato...................second bottle of rose after 4 double gins!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

1. Mine is a small potatoes.
2. It might get the sp to go up.................................hahahahahahahahahahahahaha etc etc !

The oil is there, minimum recoverable 133 MMbbl, it has got to be worth something to a major,I wonder if the directors can persuade him or us pi's, 75p will do me, I have had enough as well.

Requirements to rocket share price.
1. No more borrowing.
2. Invite offers to buy, JV, farm in with major oil company with deep pockets and then ii's will be interested, market will be interested.

COPL have potential RECOVERABLE 500 MMbbl on land.

"Clearly something the market knows about............"
Yes the debt, they are working on the here and now and they are wary of AM just as many PIs are at the moment.
I agree with the market, until they see money on the table they see nothing else.
We as PIs who stay in see the longterm, WTI$100 plus, war in Ukraine continuing, Europe energy shortages, possible Taiwan problems, anyway you look at it oil will stay high and COPL have potential 500 MMbbl on land.
I honestly think there are many scenarios that could happen before end of the year, there must be pressure on AM now to walk the walk or move away, Federal and State politics is now added to the equation.

50,000 seller seems to of done some sp damage today.
Could be the seller is not expecting anything until drilling announcements at the end of the year, for myself there is oil in the ground and more to be announced so I am expecting a good chance of some sort of merger or TO.
If the price is right AM could well change his mind, he has a history, he mentioned JV, then took it off the table but the idea is still there.........why did he say it?

"After secondary recovery - "COPL, targeting the high end, hopes the reservoir will ultimately produce about 666 to 826 million barrels of oil"
To do this high end it ties in with our friend down the road.
This "news coverage" report adds a political urgency into the equation of getting the oil out of the ground quicker.
https://www.energytech.com/energy-efficiency/article/21241707/exxonmobil-expanding-worlds-largest-ccs-facility-in-labarge-wyoming.
Also this launch adds further geo-political tensions and energy security requirements.
https://time.com/6204663/russian-rocket-iranian-satellite/

"Do we know if they're involved in Capture elsewhere?"
https://www.bloomberg.com/news/articles/2022-06-29/oil-giants-partner-on-massive-carbon-capture-project-in-china

https://www.energytech.com/energy-efficiency/article/21241707/exxonmobil-expanding-worlds-largest-ccs-facility-in-labarge-wyoming

panama, in the interview below AM did say once "consolidating CUDA" had taken place it is "easier for us to go out and attract a joint venture partner" 14:14.
He then took it off the table at the investor presentation, I would like to know what the directors are thinking, at the right price I think all options are on the table, I have always said AM's way currently on the table is too slow.
The market wants to see money on the table, just talking about the oil has not grabbed the market, deep pockets will.
https://www.proactiveinvestors.co.uk/companies/news/980122/canadian-overseas-petroleum-limited-on-its-operations-in-wyoming-980122.html
Posted this last night.
- Nigeria’s President has approved the acquisition of ExxonMobil’s (NYSE:XOM) offshore shallow water assets by Nigerian oil firm Seplat Energy (LON:SEPL) for $1.28 billion.
https://corporate.exxonmobil.com/News/Newsroom/News-releases/2022/0628_ExxonMobil-announces-sale-of-interests-in-Montney-and-Duvernay-Canadian-assets
$1.47 b + $1.28b coming Exonn's way, hhhhhhhhmmmmmmmmmmm.

Market Movers. Tuesday, August 9th, 2022

- US investment bank Goldman Sachs (NYSE:GS) reiterated its bullish view, saying that market tightness will remain throughout 2023 and maintaining its 2023 average price forecast of $125 per barrel.

- UK-based oil major BP (NYSE:BP) has reportedly started drilling a carbon capture appraisal well in Texas, seeking to bury carbon dioxide from Linde’s hydrogen plant outside of Houston.

- Nigeria’s President has approved the acquisition of ExxonMobil’s (NYSE:XOM) offshore shallow water assets by Nigerian oil firm Seplat Energy (LON:SEPL) for $1.28 billion.
https://corporate.exxonmobil.com/News/Newsroom/News-releases/2022/0628_ExxonMobil-announces-sale-of-interests-in-Montney-and-Duvernay-Canadian-assets
$1.47 b + $1.28b coming Exonn's way, hhhhhhhhmmmmmmmmmmm.

Maybe there is a Major buying this at 15p!

If a major started buying I do not think the sp would stay at 15.5p.
They also run the risk that the sp will multi bag, let us say £2.50 as JOG did on a recovery of 25MMbbl -135MMbbl.

Agree with everything said but what keeps me staying in that COPL must be ripe for TO at this sp.
There is oil, I agree that the figures for recovery err on the side of caution but RS has to protect its integrity.
I think there are many who would take around £1 right now.
This is too much of a one man show, ad nauseum.

drlong, I only want 60sp and then I do not have to watch anymore kitchen interviews, check my history.
I have supported the "new discovery" but after that there is only sell to a major.
Does anyone who supports AMs view of progression that an investment is also meant to go up.
I am in Tiburn's stable that majors are circling hence I have not sold.
Shareholder value?

So I am to "....sell up and move on" after 4years and 6 months invested after working for 10 years in Nigeria.
Nigeria is a disaster, COPL have struck oi. luckily, see my history ad nauseum.
I know it was luck because he "nearly fell off his chair"............he was not expecting it.
AM talks shareholder value, no more I have a great idea, sell to a major, they are watching.
COPL do not have the muscle to exploit this "new discovery".
I have not sat in comfort from my armchair, I was in the offshore oil industry for 42 years, 20 years as a diver........what were you doing.........!!!!!!