Member Info for pkwendall

"some excellent posts by pkwendall and Tiburn this morning. I recommend everyone reads them to allay and fears instilled by the derampers"

Mostly Tilburns excellent work. I just added a few more positives to the long list of reasons to invest in COPL.

Keep your eyes on the prize.

Up to 2 Billion OIP

CC has similar geology to Sand creek - 800 million barrels extracted to date

No wildcat drilling - established reservoirs

Discovery is ratified by independent Ryder Scott

Low cost drilling onshore

Rapid production and capex payback

Topside in place

Infrastructure and refinery established in mature oil region

Safe jurisdiction

CEO has skin in the game

Supportive pro oil and exploration Wyoming regime

Governor support - attendance at flaring hearing

Fast tracking of drill permits - in 3 days

Low tax and royalty

Incline curve reserves

Potential substantial additional OIP following delineation

Stacked reservoir play - multiple targets

Suitable for immediate tertiary MF recovery upto 50% of OIP

Wind farm supplies electricity needs

Substantial CO2 storage opportunity in CC anticline once oil extracted

CC is 100% owned by COPL - one party to deal with

COPL in discussions for Joint Venture with 'large oil company'

"Pre-consolidation @ 100:1, now showing 2,346,017, plus options."

Thanks LLP, apologies my mistake. Art's holding is still the same (as a percentage), which is reassuring.

Arthur S Millhollan - Holds 168,101,737 shares

Art will be working hard to make COPL is a success and to ensure the best outcome for shareholders. GLA

Up to 2 Billion OIP

CC has similar geology to Sand creek - 800 million barrels extracted to date

No wildcat drilling - established reservoirs

Discovery is ratified by independent Ryder Scott

Low cost drilling onshore

Rapid production and capex payback

Topside in place

Infrastructure and refinery established in mature oil region

Safe jurisdiction

Supportive pro oil and exploration Wyoming regime

Governor support - attendance at flaring hearing

Fast tracking of drill permits - in 3 days

Low tax and royalty

Incline curve reserves

Potential substantial additional OIP following delineation

Stacked reservoir play - multiple targets

Suitable for immediate tertiary MF recovery upto 50% of OIP

Wind farm supplies electricity needs

Substantial CO2 storage opportunity in CC anticline once oil extracted

CC is 100% owned by COPL - one party to deal with

(Above courtesy of Tilburn)

Plus... JV news expected.

£40k buy. Someone knows something!?

Drop overdone. A small top-up for me at 16.50, which will seem cheap when the big news lands.

Try this one

https://www.**********.co.uk/articles/trader-s-cafe-with-zak-mir-bulletin-board-heroes-january-4-175f8b9/

Trader's Cafe with Zak Mir: Bulletin Board Heroes January 4th

https://www.**********.co.uk/articles/trader-s-cafe-with-zak-mir-bulletin-board-heroes-january-4-175f8b9/

COPL at 08:08 minutes

The $4m "Tap" facility opens up the door to those CCU re-completions, and also allows for the upfront costs of completing the RBL, which is due to be signed this month along with the JV news.

JV news could land anytime.

This $4m "Tap" facility opens up the door to those CCU re-completions, and also allows for the upfront costs of completing the RBL, which is due to be signed this month along with the JV update.

This is another shrewd move from Art, whilst will await the RBL & JV terms to be finalised.

"Following the Company's hedge restructuring, the offering proceeds will be used for re-completions at Cole Creek Frontier Sands, capex and miscible injections at the Barron Flats Shannon flood and for up front deposits and fees for debt refinancing term sheets for COPL America."

Drill funds secured, which means COPL are powering forward. A small tap facility on favourable terms until JV and/or RBL lands. It’s good news.

.. not my buy unfortunately

2:17:25.161 PM
@ 13.90
qty 215,872
£30 k buy

Joint Venture Update
As previously disclosed, COPL was approached late in the third quarter by a large oil company ("JV Party") inquiring if the Company was interested in a Joint Venture partner to appraise and develop its Barron Flats Deep oil discovery announced in September 2021. The Company is bound by a non-disclosure agreement ("NDA") with the JV Party and as such is limited in its ability to disclose their identity and the nature of the discussions to date until after an agreement is entered.

The JV Party conducted technical due diligence on the Company's interpretation and technical information of its deep oil discovery which was presented as a significant extension to the Frontier and Dakota oil accumulation at its 100% working interest operated Cole Creek oil field. As common in industry the JV Party would also conduct their own internal evaluation, which we believe has been completed.

In early November, the Company presented its outline of a joint venture to the JV Party for discussion. COPL understands the concept is moving through their internal processes as the Company has been asked for additional time for the JV Party to present a potential way forward. COPL has agreed to this request and has been recently advised that a potential way forward will be presented by the JV Party in early January 2023.

"with a primary emphasis on large-scale carbon capture and storage"

https://corporate.exxonmobil.com/news/newsroom/news-releases/2022/1208_exxonmobil-announces-corporate-plan-to-double-earnings-and-cashflow-potential-by-2027

Growing the Low Carbon Solutions business

ExxonMobil has allocated approximately $17 billion on its own emission reductions and accretive third-party lower-emission initiatives through 2027, an increase of nearly 15%. Nearly 40% of these investments is directed toward building our lower-emissions business with customers to reduce their greenhouse gas emissions with a primary emphasis on large-scale carbon capture and storage, biofuels, and hydrogen.

Interestingly, I attempted to add some more COPL to a long/buy CFD yesterday and again this morning, but IG not allowing any leveraged buy trades. This tells me that they are expecting COPL to rise. Any thoughts?

Do the Market makers need shares? Hopefully this could bounce very soon!

Just topped up. Should bounce from here over the next few days.