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Majors are right next door aren’t they? Exxon

To the tune of 1.9bn barrels. I wonder if the COPL phone lines have been heating up.

Accumulating here. Welcome.

Crude $85.64 live. Sector sentiment very strong.

http://www.m.livecharts.co.uk/MarketCharts/crude.php

What leak

Crude $85.10 sending it higher.

Crude $84.48

It was obvious but the seasoned were buying the blood spoils.

And the oil sector is growing from strength to strength

Just a matter of letting the market do it’s thing.

In the mean time we are buying money with what Copl has in its back pocket for a such a small cap.

The doc holiday bit suggests to me it is actually doc holiday. He runs gangs.

They turn up at certain stages of consolidation during a rerate. They will hammer 88e soon enough with their cap being crazy high for a target they haven’t started drilling for yet and has a track record of dusters with the same build up each time.

With Copl many will have been caught out as the size of the discovery was not expected. People are still scratching their head now no doubt asking is it news of Copl really true. Lol

Add in the gas recovery tech many years down the line as the oil field is so massive.

Crude recovering from $83 to $84.21 live.

http://www.m.livecharts.co.uk/MarketCharts/crude.php

The discovery genuinely is that big. Neighbouring majors will be inviting AM for morning coffees.

Plus crude is very strong and the oil is already coming to surface unstimulated and linked into production lines adding to the current production figures. The Atomic acquisition has to be one of the best moves ever on a penny stock.

Absolutely Sanboy. How true. And the beauty of it is the size of the find was totally unexpected. 1.9bn barrels amazing. The headroom on the sp is potentially life changing absolutely nothing priced in at all.

YM how ironic is it that 88e have a resource discovery priced in before they have started drilling for a target which is a multiple less than what Copl has actually discovered.

Copl operating on proven ground with this albeit unexpected monster find and a cap of circa £70m. (The market was not expecting this monster discovery) nothing priced in YET!

88e a much smaller target now has a cap of £375m and the drill bit isn’t even turning yet with a string of dusters to their name.

Waethergeek…the complications of that operation for Shell out in the deep blue yonder are immense.

Imagine how much easier and efficient financially it is for a discovery multiples of what they have if it was onshore as is the case for COPL.

Multi billion.