Has cash for Initial Costs of Development17 Jan 2022 16:38
January 2022...The Company said...We Will Use Internal Resources to Cover the
Initial Costs of Development whilst full field development plans are evaluated. In December 2021... the company raised US$8mln in an accelerated book build. In November, COPL shares were boosted as it confirmed increased oil production volumes from the Barron Flats project in Converse County, Wyoming. I think I have this wright. DYOR and follow your own investing instincts. IMO only of course... exciting company to be invested in .
Production averaged 700 barrels of oil per day, marking a 35% improvement from volumes reported earlier that month.