Member Info for maestro1

Its not his fault the license is not get transferred in time, opl226 block has proven oil, funding will not be issue. The resource us quite large if one takes our mkt cap. One well plans to produce 6000bopd, they planning 3 wells..

plan is to sell half his shares

he purchased alot cheaper probably top slicing.

panamabob just email the company they will confirm the PIB does not apply to the opl226 license as its not a new license...

Thats good enough for me we should all email them and tell them to release official rns to confirm this, few shareholders are jittery here... Dont blame them they have been here long time, my journey started recently...

Lol its only around £25k. Probably a pi bored and couldnt wait. Good luck for his future investment.

Its been over 3 months since we were in the final stages of ministerial consent. Something gotta give soon.

Indi Judging by recent post it seems investors have forgotten just how good this block is. This stock deserve ramping if a stock like srsp who in the past were software programmers have mkt cap of 35m and manage to get funding for drilling anyone can.. Copl has a better block

Edit 0.548p and not 0.548c.. :-)

Seingred Ok, not long for the IPO we shall see. JMS will be trading above 40c on ipo day... Steelmin will also be in production by then

Bit discount across the pond.

This has been for over 3 month, expect news on this shortly. "With regard to OPL 226, offshore Nigeria, COPL notes that Essar Nigeria, which is 80% owned by ShoreCan, is in the final stage of being granted ministerial consent for the Essar acquisition, and has applied for an extension to the first phase of the Production Sharing Contract ("PSC")."

The three Noa prospects have excellent cpr for the size of our company.Gross Unrisked Prospective Oil Resources (recoverable) for these three prospective appraisal areas is best of 412m BO. Can easily shoot to 5p. Of course imho.

Opulencia Things take time in africa, its just the way it is. I will say it bluntly brown envelopes make things easier, i dont think copl have gone down that route hence the delay. I am not kidding. Srsp are drilling offshore in nigeria, an ex software programming company. They are valued at 35m and the two wells have NPV of around 90m net to srsp. I believe Opl 226 block copl own 40% of is way more lucrative than srsp asset. I think just to get the license transferred will increase the price significantly. This co is not going bankrupt i think we will hear some news soon..

Opulencia Has been in freefall in recent days, expecting this to move. Everyone waited this long to get licenses upgraded why not wait little longer. There is proven oil here.. Look at srsp and the mkt cap there..

Mkt has currently priced in that they will not get the nigerian license updated. Should the license be extended then its fireworks.

no first time in this company, purchased all under 0.6p

Bolton They have the oil, the nigerian ministry taking mick.

jsd71 they wont get the $500k immediately they will have to wait. Sale of Mpokoto for a total consideration of US$562,500 will be payable in cash and completed in three stages: US$75,000 on signing the purchase contract; US$187,500 within 12 months of signing; and US$300,000 on commencement of production

Well Jupiter will ipo next month we will see where it goes. You should be happy with your JMS holding considering they were low 7c when they were delisted. Tidy profit