RE: CAG Class Action27 Mar 2024 21:01
Keep up the excellent work Stas. It's really appreciated.
Have you been including the link to the CAG's website?
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"This is my latest letter, with a few key words highlighted to stand out such as $492 million, EOR, 40 years etc. Get out and send it, help us to help you!!
Subject: Urgent Opportunity in the Powder River Basin: A Call for Support
Dear Sir,
This is not your average message. It's a call to arms from a shareholder deeply committed to ethical business conduct within our industry.
Right now, Canadian Overseas Petroleum faces allegations of corporate misconduct and those associated may be trying to seize control of their assets, putting the hard-earned investments of many at risk. But amidst this turmoil lies a window of opportunity — a chance for decisive action and strategic investment.
We're in a David-versus-Goliath battle, fighting against wrongdoings that threaten our investments and dreams. But we refuse to be victims. We're reaching out to industry peers like you to unite against corporate criminals and safeguard our shared interests.
Why should you join us? Because alongside ethical justice, there are significant financial gains waiting to be seized:
With a reserve life of over 40 years and increasing oil production, our facilities boast impressive longevity and performance.
Our 2P NPV at 10% DCF stands at a formidable $492 million, as of July 31, 2022.
We've struck gold with a massive discovery in the Cole Creek area, with over 993.5 million barrels of Original Oil in Place, independently verified by Ryder Scott and compliant with NI 51-101 regulatory standards.
Recent infrastructure upgrades to our gas gathering system support enhanced oil production, with potential for considerable carbon capture in our miscible EOR project.
Your partnership in this endeavour is pivotal. Together, we can turn the tide against unethical practices and secure our financial futures.
Time is of the essence. Your swift response is invaluable. Visit www.copl-media.com for background information, and track the CCAA and Chapter 15 proceedings at https://www.ksvadvisory.com/experience/case/canadian-overseas-petroleum.
Let's discuss further. Reach out to me directly, and let's stand united against wrongdoing.
Thank you for your prompt attention. Additionally, please I would ask you to refrain from dismissing this message outright. If this opportunity doesn't align with your current interests, I kindly urge you to forward it to your board or corporate colleagues for their consideration. Every potential ally in our fight against unethical practices is invaluable.
Sincerely,"
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