Member Info for SeaHawk

Waddaweknow there is no way it took the JV company over a year to discover that Art was telling porkies. That would be very obvious from fairly shortly after getting into the detail. Without more detail we are all just guessing which it is why COPL should be giving us a great deal more detail than 'Its off'. They have no excuse not to tell us why and who it was. There just has to be more going on, otherwise it's time to fire the CEO and other members of the board. The NOMAD also needs to get its head out of it's ass as they should be demanding the company release more detail.

Leeman you need to take a deep breath, nobody forced you to buy COPL shares you did that yourself. Anybody investing in small oil companies is playing with fire and hoping for a quick buck. You are just as likely to lose that quick buck as we have all done here. I could buy a load more at this price as that oil has not gone anywhere nore has the carbon capture possibilities, its still all in play. This share has been driven down hard over the last 12 months and I suspect that somebody wanted in on the cheap. Most likely the COPL have had said enough.

If the two wells exist I want them opened up ASP, if not then raise some money, I don't care about more dilution at this stage and drill a horizontal which will produce over a thousand barrels a day and lets get going. We have wasted a year fafing about with the JV.

I suspect whoever the JV company was that they were asking for too much. The oil is still there and perhaps now we can get an answer on the two wells that were kept quiet on due to the JV. Lots of answers required from the board as too what went on and why talks have collapsed. Not good enough to just put out the statement as is. Get a grip COPL and start to look after your investors who all you have done for this year is shaft them.

I am struggling to believe people are stupid enough to buy shares in this company at this time. Cash raise imminent, a totally inept board and no helium found in any meaningful amount. But hey I will splash some cash because I know better. Madness.

Run!

Somebody has been working very hard to keep the SP in this range for a long time now. It will be interesting to see if we ever find out who and why.

Thanks Grumpy for the response, I guess I mentioned it because several people have discussed it as though there are 6 NDA's on the go. I will have to listen to the presentation again.

Grumpy if that was the case they would not have told us in the webinar about the NDA!

Scott unless I am going blind I cannot see mention of the 6 NDA's in the RNS. They raised it on the webinar but I would have thought 6 NDAs ongoing would be pertinent to the company and should really have been put in an RNS. News is news after all and it generally raises some excitement in other companies when announced. Out of interest why do you think they are wasting another winter of not visiting the Bn barrel find. My guess is they are hoping the 88E flow test will generate enough news, if good, this winter.

James it’s down because AIM is all about people thinking they can get rich quick. People on the whole are looking for the quick buck and are not prepared to sit and wait. It’s why so many people lose so much money as they keep selling at a loss in the hope the next big one will make them rich.

With the company all but ruling out a JV, investors are struggling to see where good news is going to come from in the near term. This is why l am very dissapointed that there does not seem to be a winter program this year. It’s another wasted winter for our western oil find that can only be reached in the winter. Should have done a raise at 30p and drilled another well this winter(another 75 mil shares is nothing in the big scheme of things). I fully understand the long term plan but this is an AIM company and the SP survives off impending news and actual news, not webinars.

That’s some RNS, very professionally put together and extremely detailed. Just wish they had put it out earlier in the day as a lot of people will have missed it. You have to laugh at the idiots who seem to think that it’s expensive to build out an oil field. I suppose they thought you just wave the magic wand and the oil just pops out of the ground and makes its way to the pipeline. Idiots.

What a change since Hobbs came on board, just goes to show how important it is to have really good people at the top of companies. No more investing in companies with duff officials for me.

The one thing that is quite clear now is that the field is commercial and in a big way. Yes it’s going to cost money but Hobbs has a plan on how to achieve that without diluting us to much more. In the end even if they have to double the number of shares there is still a whole wack of money to be made here. I will just put the shares in the bottom draw and wait. The potential is huge.

They will also want additional funds to keep the gravy train running for at least another year. Honestly nobody should trust this company, this is the second time they have done this. Funny how they leave us with the sniff of gas and they now have a better idea for drilling a new location. Just like several years ago where they were also supposed to move onto a second location which never happened. I can remember thinking where are the updates on how the new pad is getting on so as to be ready. Nada nothing no pad prepared, they quite obviously had no intension of the second location.

Wookie my niece works in the city for a large multi nation company that has lots of trust funds. They would not touch a company like COPL until a great deal more is proven, absolutely no chance. If a major comes along as the JV and the SP starts to kick off big time then there will be some interest shown. But way way to risky at the moment for an institution.

All comes down to what is covered by a material event. Please explain why the County has bothered to put on their maps Confidential Well if there is no well on the ground. No well needs to input onto a map let alone Confidential Well.

The possible JV partner would most definitely want any detail of those possible wells kept quiet. If the results were excellent then they would be concerned other companies would be all over COPL. That’s why an NDA is in force.

Unnd they could have been drilled by the JV company and as such be in their figures. If the wells were shut after a flow test there would be no revenue to report. There are many ways of getting around not having to report anything on the wells.

‘Whoever’ flipping auto correct.

Well however this person is he has done his homework. Including finding the two wells that we suspect have been dug and are being kept in secrecy. He does not come across as somebody who bought a few shares on Friday and is looking to ramp up for a few quid. That post has taken some work and time to put together. For sure it’s a best case scenario but if it all came good it just goes to show the potential that this share has. Made for a good read if nothing else.

Good grief Blackstout how nice that would be if you are any way near correct. I await the gasps of horror from the known suspects who will be all over your thoughts like a rash. It will no doubt make for some interesting and humorous reading.

Just once it would be nice to wake up to a really good RNS from COPL after years of just bad news. Lets hope that the JV is about to be announced and its a good one.