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Could only be BH's IMO, lets get them flushed through ready for the next leg up
"Calm down children its 4% up!"
Shut Up! You'd Jizz in your pants if it were 4% down
People seem to forget that we're basically a start-up new business since our readmission in August 2021 (18 months) and the O& G business usually has a 3 year maturity date before profits begin to roll in. We are making headways but still in the early stages, this has a long way to go.
Intothedeep- Not very subtle today, once one theory gets knocked you come back with another & another
Ah right old news, I thought you was talking recent! Yeah we've always knew we needed the gas gathering system to cope with the high pressures! No reason we cant get back to 50k plus though as we've been there before so shows were capable of dealing with it.
"although feels to me like the excuses about waxing are already appearing"
Where too are these appearing, as you say?
Problem you got when you start any guesswork on here is that you feed the naysayers when it doesn't come to fruition. I didn't mean it to sound obnoxious, I just think its better to wait for news to arrive that way you take away any disappointment.
When we receive the next RNS to say its complete
SharePlay- bit of a rhetorical question
Another little top-up 6351 shares, couldn't resist at these prices
Benny- I suggest you take your money and run then! BYE
Pilot- If that's your theory, why come up with this statement?
"It looks like the December numbers are being held back for some reason. Could be because of the JV. If that is why we can expect JV news next week before the deadline for declaring numbers"
"$325K additional revenue per month from the 1st completion (early stages), another 6 to be completed so at the same flow-rates a total of $2M a month extra revenue @ 100% WI"
You see this as bad news and disappointing @PILOT?
"So the results weren't under the NDA as I thought. Wasn't a duster but more problems. Disappointing flow rates. What happened to the 4-800bopd the la la land posters were predicting? Hopefully the next one goes better"
Disaster for the company, $325K additional revenue per month from the 1st completion (early stages), another 6 to be completed so at the same flow-rates a total of $2M a month extra revenue @ 100% WI. Nice try PILUK (I mean Pilot)
How's level 2 looking?
"Light oil was first identified in the Frontier 1 at Cole Creek in 1943 by the then operator General Petroleum Corporation, the operating affiliate of Standard Oil of New York (Mobil Oil)."
Isn't this EXXON, join the puzzle pieces
"Jambo. We know the production from that well and as far as I know the figures are still available"
Can someone point me in the right direction, I wasn't aware the recompletion figures were available on the 1st well
"I didn't say that. I said the NDA won't cover a producing well which they don't own. They being the JV partner not COPL"
But it covers the Deep Fed Well, which they don't own! Interesting
It's rather simple to see that the closer we move towards the transformational change in SP direction the more feverish the posting and the more negative the subjects.
COPL are imo in for the greatest and strongest rise of them all, we have without doubt the most persistent of trolls from even before the one that can't be named (who undoubtedly is here in another guise, wonder who). We also have a number of transformational events that if any one land the SP will be off.
News coming into this perfect storm of exceptional value not yet realised, a tiny market cap, a very very low SP, backed up by strong share involvement by ART who himself holds an average of above 22p, a a heavy PI presence will be all the ammunition required to have shareholders pile in here en-masse. The only difference is that it won't be a spike this time as the news will be confirmation of a future that many hoped.
I sincerely hope that some of the trolls here are not just looking for a low entry but are using spread bets and cfd's to short the company, indeed I hope they are heavily short, guess who will have little sympathy.
Our time is coming, theirs's is numbered. (STAS20 November 2022)
Everyone is getting too ahead of themselves! It has always been a POTENTIAL JV, until it's signed on the dotted line, its still only that! AM and his crew will be quietly getting on with the completions, if these are successful then we are in a greater position to begin drilling the discovery and proving up our reserves! Still all to play for