Member Info for wwal17

28 Jul 2023 16:00

RNS Number : 8786G

Canadian Overseas Petroleum Ltd

28 July 2023

COPL Announces a jolly good knees up.

London, United Kingdom; Calgary, Canada: July 28, 2023 - Canadian Overseas Petroleum Limited and its affiliates ("COPL" or the "Company") (XOP: CSE) & (COPL: LSE), an international oil and gas exploration, production and development company with production and development operations focused in Converse and Natrona counties, Wyoming, USA, is pleased to announce that the bond holders can’t be ars*d converting this week as they’re all on a lads holiday in beni. Before leaving they assured us that their bonds were in stickier hands than sticky Vicky!

Happy weekend all, Billion barrels, Large oil company, naysayers go f yourselves.

ALL ABOARD.

Wonder what CHADIK MIAH is thinking..

“Even if it’s certainly not Exxon now”

Why is that then?

Where’s this info from Charlie?

Top post Stas

How much was spent on Nigeria? It’s bizarre to think they can just stop talking about it as if they are just happy to let it go. It was talked about as if it was a massive asset with substantial OIP.

I’ve emailed the company, no response as yet.

Can you not just tell us?

They were late last year too, hopefully they can publish some kind of a forward plan before they release the final results.

I don’t think so, just people wanting to bash the share to get a cheaper entry, seems rife on Aim. Directors buying shares is a positive, even if they’re discounted.

*The

As our resident Hokey Cokey dancer Stas always says, market cap is the metric we need to focus on. COPL with millions of barrels of oil in resources and production circa 5k bopd and better debt has to be worth £500 mill market cap.

No only solace I take in that baserite is that although he’s a greedy b*stard, he still believes in the asset, he just wants a bigger slice of the pie.

Good for the stinking bondholders mind. How much have us PIs shelled out before the bondholders come along and are gifted a potential circa 50% of the company for what, £30 million odd?

In the last presentation video, GL talked about buying shares and quoted about being wary of getting “spiked” or words to that effect. I’ve never heard a director talk like that before, a bit blasé. Wouldn’t surprise me if the recent communications are to provide the directors with a cheap entry.

Is the window open for directors to buy?

Are we expecting further dilution to pay “our share” of the JV or do you think we will get a cash payment and a free carry to start us off?

Stas, glad the surgery went well.

Where did this great deal maker tag come from? The bonds was a great deal wasn’t it, think Art needs to send Ryan on a Open University Accountancy Course!

I take it this was from Cathy?