Member Info for wwal17

*Dec 21

One saying that Coplhodler rings true on this board sometimes.

“Some people would celebrate losing a foot if it meant having to buy only one shoe!”

Our burn rate has been a concern for me for a while, comparing Q3 balance with Dec 22, now comparing our situation to Occidental….creative with the truth much?

Some have alluded that low production numbers doesn’t matter, I suppose this extra lending doesn’t matter they will say in the grand scheme of things or one of my faves, great time to top up!

Roll on end of January, hopefully we can get that uplift in sentiment we experienced for 5 minutes last month.

Fair list of negatives ITAW…care to list any positives for balance?

He’s probably alluding to the “Alberta Boys”. Canaccord.

All unsubstantiated of course. Interesting few weeks ahead.

Do you John? If it’s ok by you, I’ll take the independent evaluation by these guys https://ryderscott.com/ rather than chancers on LSE comparing oil finds in their back garden.

Happy New Year

I suppose you’ve injected $70 million worth of gas into your garden over thousands of acres and had well renowned Ryder Scott verify your find too.

Happy New Year All 2023 is our year.

The speed them guys work at with all that chain flying about, impressive.

First time since 2021 a bit of excitement has returned to this share, long may it continue.

All the best for new year Coplers, may our dreams come true!

Continental Shaa.

“The seven CC well recompletions = c 400 bopd per well = 2800 bopd”

I’ve noticed these figures have been mentioned a few times, how likely is it that they will be accurate, is it in the last presentation document?

Thanks

Full steam ahead in Wyoming then..

https://www.energyintel.com/00000185-1c6b-dbb8-abed-3eef2d730000

“while Exxon successfully sanctioned the expansion of its CCS facility in LaBarge, Wyoming earlier this year, its blue hydrogen-fed renewable diesel project in Edmonton and the Porthos scheme shared with Air Products, Air Liquide and Shell are still pending approval.”

“Copl is pleased to announce Ryan Gaffney has put his hand in his pocket and bought a wedge of shares, after a tricky period, Ryan feels that is ready to spend a portion of his large (or is it major) salary on the next phase of COPLs transformation into a mid tier.”

Before correcting people, maybe have a look at the RNS documents. There was a 100/1 share consolidation.

Ask yourself this, how much would it take for Art to give up his $400k a year salary? He has over 2million shares, I doubt he would want to take less than £1 a share absolute minimum, even then he would probably still want to negotiate a position on the board or at least some firm of employment, just my opinion.

Where’s that Feckin Rocket?

I won’t sugarcoat these latest production numbers, I think they’re disappointing after what Art has led us to believe. I thought the field would now show improvement after flaring permission, I will look into the individual well data tomorrow.

No doubt it’s all a work in progress and January could be a transformation, let’s hope so.

More volume today which bodes well of course but there are still people (bond holders?) willing to sell.

13.5p SP. I’m sorry for not falling over with excitement or off my chair (maybe leave that for the day traders).

My hope is that one of these false dawns turns into a real one and the SP makes sense for a change.

Clocking off now I promise until new year, have a good one all, all the best.

HFB you don’t believe in codes mate

Thanks for response Tiburn, a lot of posturing to get the best deal then as suspected. Let’s hope Art lives up to his reputation as a good deal maker.

Hopefully our debt/liabilities are wrapped up in a nice little bow come the new year as opposed to the scattergun approach on multiple credit cards!

Happy Christmas all, hope everyone spends it with family and friends, after all, it’s the most wonderful time of the year!

Thanks for the explanation of how a loan works. Personally I would have liked these extra costs covered by RBL which was intimated in the original plan, or even better, these costs covered by the increased production, but it appears there will be a little more pain (more debt) before gain.

Just when you get out, the pull you back in!

I know all placing talk gets shot down but I wouldn’t rule it out unless this is being provided by the new partner. “New loan facility” so not existing drawdown facility by the sounds of it. Any thoughts welcome.

“In addition, the Company is seeking funding through a new loan facility to fund the installation of a high-pressure gas gathering system at its Barren Flats Shannon Unit to augment is current low pressure gas gathering system. Engineering design has been completed with procurement and construction to begin post refinancing. Once completed the field will be debottlenecked, thus resulting in increased oil production in line with modeled reservoir performance.”

Merry Christmas to all my fellow unsophisticated investors.

Here’s to 2023, I’m having a couple of weeks off from Groundhog Day.

Art, if you’re reading this, give your loyal shareholders something to cheer in 2023 pal, it’s long overdue.

All the best and everyone enjoy your roast Sage Grouse!