Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
I am surprised as anybody here.
But like I keep saying, I never bought in for JV, I only came for 5kpd.
Those that have bought in for JV are currently disappointed.
Those that bought in for 5kpd still have a chance of success, as the new system in place and is seemingly working as it should.
Maybe we walked away as the value was not as we saw??
I am still holding and considering buying more. A lot of margin calls were made today with Long SB.
Lets see where the price is in a few days time.
I am hoping the update on production is on the right track.
“Our Powder River and Williston teams are working together to turn the Powder River Basin into the next Williston Basin, and that’s very exciting for our entire team,”
Hey hold on a mo...does COPL,now not own a huge amount of PRB WI?
Just get the fukcing oil out consistently. Other doors will then open
The evidence, as officially presented, strongly suggests, that the miles of new steel pipes, and some new anti BBQ surface infrastructure is working as it should.
(ie) it is now gathering all of the previously flared gasses and reinjecting. The official figures tells you that, in addition to the recovered gas, new gasses are being introduced. $500k "Gretatokens" per month. Higher pressure being sustainably built up.
Eazy is not the only great researcher pointing these facts out.
But a "concern" subject, that some peeps, want not to be "going" on about..
Seeing something dangling in front of your eyes is great for confirmation I guess.
Trans your homework for tonight is to long on to WYOG below and come back and give us some percentage changes...
Flaring ratios.
New injection rates.
With a known time lag of 4 to 6 weeks can you extrapolate the data, and project when COPL will surpass the 2kpd mark..
SEING IS BELIEVING...
For anybody with a curiosity for numbers...
http://pipeline.wyo.gov/legacywogcce.cfm
Provides all the details about what's flared, how much has been injected and how much oil is produced.
Flaring almost zero, new injectates growing month on month. Oil increase to shortly follow. IMHO
Trans,
As a kid I got an A for both Physics and Chemistry.
Like you though, I do struggle with basic Biology. Its difficult to understand which que to stand in...
The body tells me I should stand there, but my mind thinks I should stand somewhere else....
What we do agree upon is that COPL is a STRONG BUY...;-)))
You do not have to take my word for it working.
Just log on to WYOG site and it tells you the monthly amounts flared and injected gasses, alongside the oil produced.
Previously we were flaring gas like there was no tomorrow, costing $100sk per month in burning gas that had to be replaced.
Now the system is designed to cope with the excessive pressure, so flaring is now minimal. All that gas that was just burnt, is now being reprocessed and reinjected back into the field saving us a small fortune. Add in the additional injection rates and you will find that simple physics and chemistry takes over.
More pressure equates to higher production yields, with a time lag before full enjoyment ensues....
Akin to blowing up a (5 Star) rubber doll, before you get to enjoy it...(Ken or Barbie it matters not!!)
Judging by the flaring and injection rates published on the official WYOG site the system seems to be working as it should.
Flaring excess gas has ceased. Injection rates up.
COPL has enough Opex to maintain and further increase the field pressures.
With a time lag of between 4 and 6 weeks for this to be felt in the oil production values we should be very close to seeing increased production, and Going Concern being a thing of the past.
Blue sky's currently in Wyoming...no snow!!!
Https://www.weatherbug.com/traffic-cam/casper-wy-82601
Live web cams show that snow has yet to fall in Casper Wyoming ...
Maybe this year will be a typical year with low snow fall?
Https://www.youtube.com/watch?v=aLMyO5O0v3E
Very Mild and very kindly mannered...
Who knows you, is just as important as who know you...
188star, I take umbrage with your lie point.
Gas Gathering system is designed for (guess what?) gathering gas at very high pressures.
Previously COPL were having to flare gas like there was no tomorrow....
The $4.5 million GGS investment , is now coping with two things: all the gas that was previously burnt ($$$$,) is now being gathered and reinjected (lovely right$) Hear this extra bit...COPL have have the funding in place to consistently ramp up the pressure out to end of Q1 2024, unhedged btw.
The "truth" of the matter is, WYOG site not only give details on oil production, but Flaring rates and Injection rates.
Fracking is a known technology, (Naughtygeordie has posted some excellent data on Fracking and waxing technologies, this is not rocket science. I think NG stated that Waxing has been perfected in Brazil..)
Joking aside, The "science" tells us that by increasing pressure , more oil can be produced from COPL existing P2 reserves.
WYOG figures state fact. Another fact is the fracking "time lag" widely regarded as between 4-6 weeks
Bladdermans thread is an interesting one to pursue..after all-- this fighting is about something shirley??
Speel. I have never professed to hold inside information.
But data on WYOG does strongly indicate new GGS is working as it should.
Now working, oil production can be ramped.
If being positive about your investment, and wishing the sp to rise gets .e into the ramping team then I do not mind being the biggest ramper...
Looks like Uncle Tom and Garry fisherman are on overtime here.
Mr Ts predictions (and others) are of course dependant on the start of increased pressurisation. What is clear to me is that increased pressurisation has started and critically flaring has stopped.
If you wish to factcheck then look at the published data on WYOG site.
So the clear inference is that GGS is working as it should. Beyond this it's simple combination of physics and chemistry to increase oil production.
MrT, liking your "Lint" analogy, but prefer if the word started with Cu..
Chin Chin from Berlin...
Nice Post Mr T.
It will be nice to hear some official clarification on current and future status. Given the flaring rates are minimal and the injection rates increasing can only mean production is on an upward trend.
Fin no need to perpetuate mindless thread topics...
Another good thread regarding other companies investing and proving up large oil discoveries in PRB, being surpressed by puerile posts...give it up ffs!
Interesting that PMEs ate also being discovered in PRB Stas.
Could COPLA also go into mining ops???