Member Info for LTID

Need another " Lively & Having fun " video Leo

My guess is total depth RNS monday morning
" You dont want to be out of this come monday "

My guess is total depth RNS monday morning
" You dont want to be out of this come monday "

CERPS most exciting opportunity is its onshore position in Trinidad’s South West Peninsula (SWP). The SWP is close to, and geologically part of, the East Venezuelan Basin. This is the largest hydrocarbon basin in the world. Koot says the opportunity to access the Basin’s offshore-scale potential from an onshore location drew him to Columbus:
‘Trinidad has been producing for a long time. However, the SWP has not. This is because landowners rather than the state own its mineral rights. Oil companies have overlooked these resources .

is that shiny slippery hands Chesh

CERPS most exciting opportunity is its onshore position in Trinidad’s South West Peninsula (SWP). The SWP is close to, and geologically part of, the East Venezuelan Basin. This is the largest hydrocarbon basin in the world. Koot says the opportunity to access the Basin’s offshore-scale potential from an onshore location drew him to Columbus:
‘Trinidad has been producing for a long time. However, the SWP has not. This is because landowners rather than the state own its mineral rights. Oil companies have overlooked these resources .

Remember
Lesson 1
Bashers never bash bad stocks. You can watch the board for stocks with no potential. You’ll see pretty quickly that those stocks don’t have bashers. Bashers only go after stocks that are going upwards or have excellent potential to go up. Bashers get left behind, so they want to bring the price down.

Lesson 2
Bashers bring up old news that you have heard many times. All companies always have a few bits of bad news. The basher will post these bits over and over again. The stupid basher will try to make the old news a bit fresher to try to fool you. Don’t be fooled!

Lesson 3
Bashers post many times a day. They try to wear you out. They comment on everything, every other post, and can answer every question. To hear them say it, they know it all.

There is no positive comment they won’t bash. They try to control the board with their negativity. If they seem to be working on this one stock full time, that’s because they are! Even more than full-time.

Quite a few green messages now " Trolls getting worried " Not long now

WOW Leo looks really happy .

LK has certainly got the strategy right on goudron (profits up h1 ) i think NR would have thrown the kitchen sink at it to justify his monthly pay check BTW All the best GRQ.

Another gem that Peter

CERPS most exciting opportunity is its onshore position in Trinidad’s South West Peninsula (SWP). The SWP is close to, and geologically part of, the East Venezuelan Basin. This is the largest hydrocarbon basin in the world. Koot says the opportunity to access the Basin’s offshore-scale potential from an onshore location drew him to Columbus:
‘Trinidad has been producing for a long time. However, the SWP has not. This is because landowners rather than the state own its mineral rights. Oil companies have overlooked these resources .

Unfortunatelly Peter it just means million.
MMbbls means million barrels; Based on 4 documents 4. MMbbls means million barrels. MMbbls means millions of barrels of crude oil or other liquid hydrocarbons.

Arguably, CERPS most exciting opportunity is its onshore position in Trinidad’s South West Peninsula (SWP). The SWP is close to, and geologically part of, the East Venezuelan Basin. This is the largest hydrocarbon basin in the world. Koot says the opportunity to access the Basin’s offshore-scale potential from an onshore location drew him to Columbus:
‘Trinidad has been producing for a long time. However, the SWP has not. This is because landowners rather than the state own its mineral rights. Oil companies have overlooked these resources .

I wouldnt be surprised to see another RNS before the market opens

Any one looking in here who isnt familiar with the games being played on here by the Trolls , consider the following ,
• They are only here due to the potential off this company,
• They post 24/7 they are not here by their own volation,
• Ask youself " Why post negatives on a company you are not even invested in .

Come on trolls you will have to do better than that, Trolls getting really worried now despite posting 24/7 with their negative crap still the SP keeps rising and no wonder it wont be long now.

The Company plans to drill one or more wells in the SWP in the second half of 2019, namely in the Bonasse license area.

On-trend structures offshore have yielded major oil fields such as the Soldado Main, Soldado South West, and Soldado West within 12 km of the South West Peninsula. It is Columbus’s view that similar structures may lie onshore beneath the SWP, presenting significant exploration opportunity in the area. Any successful discovery/appraisal can be brought onto early production at a low cost due to the presence of existing Company operated oil production and sales capabilities and other locally available hydrocarbon infrastructure.

Company interpretations includes twelve mapped prospects over the broader SWP area, each having volumes of between 20-400 million barrels in place. Onshore drilling allows the cost per well to be significantly lower than equivalent depth wells offshore. It is anticipated that between 2-3 wells, targeting the shallower prospects, may be drilled on the licences initially at costs of between US$500,000 to US$1,000,000 per well based on favourable rig rates, including wells with multiple stacked reservoir targets, with the first well being drilled, subject to regulatory consent and satisfactory commercial arrangements, in the second half of 2019.

Just go with it Peter i know i will

https://simplywall.st/stocks/gb/energy/aim-cerp/columbus-energy-resources-shares?utm_medium=finance_user&utm_campaign=conclusion&utm_source=post&blueprint=867042#valuation

In just 2 short years theyve taken LGO from a loss making debted ,mess of a company to a cash possitive , debt free company focused on managing its existing producing fields in a displined way and on the verge of TRANSFORMATIONAL growth which could begin within days.