The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
New London ****tail sit in Bristol and ‘The Company's bars have continued to trade well ahead of management's expectations since the relaxation of the UK Government's Covid restrictions on 19 July 2021 and the Company has put in place procedures to ensure that all of its bars remain open and appropriately staffed throughout’
Welcome to 3p everyone
Think any early uncertainty will be removed when people realise this is actually a solid RNS. Blue Day
Paul Baay, President and Chief Executive Officer, commented:
"I am pleased to report that the downhole gauges recovered from Cascadura Deep-1 have provided excellent data, and the information has increased our confidence in the substantial size of the pool's reserves and its potential deliverability. The data is consistent with the previous testing performed at Cascadura-1ST1, and we are encouraged by the lack of any boundary limits observed on the reservoir.
Fantastic way to start the week !
Into May now. Any whispers?
AM "Our Company had a remarkable year in 2020. The first half of the year was difficult, but was truly outstanding at year-end. The acquisition of Atomic Oil and Gas LLC which closed in March of this year was transformative for COPL. In 2020 we managed to recapitalize the Company which allowed for the acquisition of Atomic and the associated equity and debt financings. We look forward to the Q1 2021 reporting as it will be the first one to include the operating results of our Atomic group as well as an update on their operations."
Very solid update as we enter into new regions with further new products and cracking on at pace into the 3500 stores by July!. With results also in July, exciting times for ZOE
They also took early important steps to Covid impact by introducing significant cost saving initiatives, furloughing around half of its staff, entering into agreements with Directors and senior management to reduce cash salaries for and achieving approximately £250,000 of net annual savings via redundancies
Canadian Overseas Petroleum Limited Announces Approval of Application of Management Cease Trade Order and Provides Bi-Weekly Status Report - application to its principal regulator, the Alberta Securities Commission (the "ASC"), for a management cease trade order (the "MCTO") under National Policy 12-203 - Management Cease Trade Orders ("NP 12-203") has been granted.
The Company is working diligently to complete the audit of the financial statements for the year ended December 31, 2020. The MCTO stipulated that the Annual Filings were to be filed by no later than April 30, 2021 and the Company will be in a position to file the Annual Filings on or before that date. Until filing of the Annual Filings, the Company intends to satisfy the provisions of the alternative information guidelines as required by NP 12-203.