Member Info for zeros13

You can see people are trying to find out your selling price... don't tell them

The original owner of Atomic i believe was gifted 5.94% of copl at buyout plus $10m in cash. I found out his name on one of the Cedar filings once and wasn't there some suggestion he recently died and his executors were offloading? I know i would have given my near 6% to JP Morgan and said play with this...

'Hopefully in a few weeks.' Has to go through COPL committee and a very simple Exec Summary please.

Art - your career WILL be defined by how you write this RNA...

As the great Russell Crow said 'HOLD HOLD HOLD.

DARKEST BEFORE THE DAWN...

I WANT VALUE FOR THIS HELL I HAVE BEEN THROUGH

This will wake you up!

Original APD on our Confidential Well BFU Fed 14-30VF states NO to Sage-Grouse Population Area.

https://dataexplorer.wogcc.wyo.gov/?keyName=PKey&keyValue=1769&keyType=Integer&detailXML=EntityDetails.xml&DETAILSONLY=True

click on Well View
click on View APD - page 3

Just Algo trades being put through to mess with your head.

I take your point Bridedogg1 but even 1,000 bopd unhedged oil from one small horizontal is still a massive increase in production for COPL given that we believe the horizontal wells do not need to be that long a length in Wyoming.

I await the drilling plan but Possible 1.5bn oil needs to be drilled and tested before it moves to Probable and then onto Proven. We have to drill somewhere and the quicker we move the 1.5bn through these stages the better.

Hi Tilburn, re point 2- pipeline not on critical path now. If the top hole fixes fix 90% of the our pressure issues then could you see monies being better spent on a strategically placed vertical well or even a horizontal well to start proving up some of the find?

Bloomberg: 34 minutes ago · World powers and Iran suspended their efforts to revive the 2015 nuclear accord, reigniting a crisis that's set to roil already surging oil prices...

The seller seems to have to sell bigger chunks to keep this down and then follow up with smaller sales. They will not be able to hold this down for long with a 1.3bn discovery going into Ryder Scott's intray.

Type Velxf into google search = COPL OTC in America

Up 87.98% today to US$0.51 (37p equiv)

Art says 'the potential for the Wyoming asset to generate long-term production on a scale many multiples greater than our original expectation.'

Tilburn - please keep up the great calcs as people still haven't got it.

£10 puts us at £2bn MC which is nothing for this discovery. Waiting for Ryder Scott to confirm the numbers then we will see what is what.

Very very nice RNA. I would very much like 50% recovery of 1,600,000,000 barrels of oil at +$80 per barrel please.

Like the self-funded and 3 Horizontal wells per square mile very much.

Well done SWP.

Super Fantastic Unbelievable Boom Wow Amazing #COPL

My analysis of Drilling Edge info is that many wells have Estimated figures against them.

I use the Wyoming site figures as that is the Wyoming Regulator site which SWP must update monthly.

I look forward to that future illusion but when Nigeria happens (yes i am still confident given the current issues in Nigeria) perhaps the leopard could change his spots and do an Open Offer as his PIs would surely appreciate it and i am sure support it and his IIs participate as well.

As i said this morning. See what SWP and increased gas injection can do to just a few of our BFU wells:

Name of Well, Increase in Gross Prodn Sept vs March

BFU 21-35-76 688 5762 +838%
This is our little beauty that Panamabob suggests could cover 75% of our costs!

BFU 44-21V 2987 6126 + 205%
BFU 22-27V 3985 5625 +141%
BFU 42-28V 715 1693 +237%
BFU 34-20V 867 2618 +302%
BFU 23-27V 3910 7814 +200%

Our new upside enhanced horizontal super well must be BFU 21-35-76

Gross Prodn March Aug Sept
Oil BBLS 688 5,178 5,762
Gas MCF 461 12,352 14,256

She's a beauty and still increasing.

I think the well in question could be one of these. The Gross production figures on the WOGCC Data Explorer shows the fantastic simulation is working a treat on these BFU wells.

The figures are gross production figures per well from March and September and the massive increases achieved in production by SWP.

Name of Well March Sept ncrease in Gross Prodn Sept vs March
BFU 21-35-76 688 5762 838%
BFU 44-21V 2987 6126 205%
BFU 22-27V 3985 5625 141%
BFU 42-28V 715 1693 237%
BFU 34-20V 867 2618 302%
BFU 23-27V 3910 7814 200%

Hi Wookiemonster,

Decommissioning is not an issue at present - See Page 17 of the Prospectus - 'Furthermore, as the infrastructure at the Wyoming Assets is relatively new with short or medium term limited decommissioning risk.'

FYI - the lender warrants are specificaly mentioned as being excerciseable JUST against COPL AMERICA and not the/our COPL Group (COPL)

The lender's loan final convertable warrants valuation of COPL America i believe is included in the notes being approx $5m at present.