Member Info for MasksNewNorm

70% COS on 318bcf in the NS with Shell running the show. DONT Get Much better.

Big buys coming through so imo disregard or Ignore the sells. U.K. gas 358 and in its highest demand ever.

Shell under pressure to get gas flowing asap.

If they have a good sum to shift it is easier and better to get **** of them at this low price and cap.

Certainly Shows how undervalued Iog is right now

U.K. gas 350p therm today. Any idea of the opex once up and running guys?

Shell likely under pressure from governments to get this up and running asap.

High 70% COS in proven NS. Let the deep pockets take the party forward. 318bcf mid case?

UK natural gas futures were trading around the 350-pence-a-them mark, a level not seen since early March, underpinned by uncertainty over Russian supplies and elevated demand from the EU. Russia's Gazprom said it would reduce flows through the Nord Stream pipeline, citing issues with turbines, delivering only 33 million cubic meters daily, roughly 20% of its capacity, forcing European buyers to find replacements like LNG. Still, the channels linking Britain to the EU have been working at maximum capacity. The UK has been using its excess regasification capacity to import more LNG and resell it as natural gas to Europe. .

https://tradingeconomics.com/commodity/uk-natural-gas

357 therm live

I expect at least 300 million bbls to be added to reserves next week pending the Scott report confirmation

350 therm live.

The Company expects Ryder Scott to confirm these findings when it publishes the report next week. 1.2-1.6 bn bbls to add next week. Await confirmation

Let’s see what is recoverable. Surely a third at least.

Scott report to confirm COPL’s internal figures. 1.2-1.6bn bbls to reserves next week.

Bid rising. Scot report on 1.2-1.6bn barrels next as per RNS ready next week.

U.K. gas 341p therm today.

Can sell at the mid price. Ryder Scott report out next week.

As per RNS

Earlier this year, COPL commissioned Ryder Scott to conduct a Canadian NI 51-101 compliant resource assessment of the major discovery the Company announced to the market in January 2022 its assessment of an estimated total reservoir volume of 1.5-1.9 billion barrels of Oil in Place ("OIP"), of which 1.2-1.6 billion barrels of OIP underlays COPL lands. The Company expects Ryder Scott to confirm these findings when it publishes the report next week.

NS Licensing round is in play atm according to the iog prezzo last week.

Debt free and cash rich is a strong hand

An acquisition that could fit the bill would be NS gas operator iog. Started production in March and due to at least double production this year from 60 scuffs p/d. Rev exceeds cap at this level.

Kist is actively on buying spree “attempts”

I think they could afford to position the bar a bit higher personally.