01 Nov 2022
COPL: Potential JV Partner Would Provide External Validation and Possible Funding Option
COPL has released an operations and corporate objectives update. We believe the most important news is that COPL has been approached by a large oil company with operations in Wyoming to explore a Joint Venture to appraise and develop the Company’s Deep Oil Discovery. Technical due diligence is in process, and COPL will provide an update on its progression when appropriate. Given that the market appears, in our view, to be ascribing little value to the Deep Discovery, we see this as a sign of ext ....
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COPL: Potential JV Partner Would Provide External Validation and Possible Funding Option
Canadian Overseas Petroleum Limited (COPL:LON) | 0 0 0.0% | Mkt Cap: 0.60m
- Published:
01 Nov 2022 -
Author:
Anish Kapadia -
Pages:
7
COPL has released an operations and corporate objectives update. We believe the most important news is that COPL has been approached by a large oil company with operations in Wyoming to explore a Joint Venture to appraise and develop the Company’s Deep Oil Discovery. Technical due diligence is in process, and COPL will provide an update on its progression when appropriate. Given that the market appears, in our view, to be ascribing little value to the Deep Discovery, we see this as a sign of ext ....