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Columbus Energy Resources – 2018 results, exciting drilling campaign ahoy!

2019-06-07 08:54:00

Columbus Energy Resources (CERP) has announced 2018 results and that “in particular, the company is looking forward to commencing our exciting drilling campaign in the SWP during the second half of 2019”


Columbus Energy Resources – further step towards potentially transformative drilling, still a buy

2019-05-17 15:00:00

Columbus Energy Resources (CERP) “is pleased to announce that it has been granted a Private Petroleum Licence for the Bonasse Licence Area in the South West Peninsula of Trinidad”, with Executive Chairman Leo Koot adding “without it, we would not have been able to drill the upcoming well… I am confident that even a modest discovery in the SWP has the potential to transform the company”...


Columbus Energy Resources – Q1 2019 update, significant potential catalysts ahead…BUY

2019-04-20 08:04:42

Currently Trinidad-orientated, Columbus Energy Resources (CERP) has updated on the first quarter of 2019 – with Executive Chairman Leo Koot adding “the next quarter will be busy as we prepare for the SWP drilling campaign and progress other M&A opportunities”


Columbus Energy Resources – CO₂ pilot project progress, “the potential to transform oil and gas operations”?

2019-03-18 06:27:08

Columbus Energy Resources (CERP) has updated on a CO₂ enhanced oil recovery pilot project on its operated Inniss-Trinity IPSC – described as “has the potential to transform oil & gas operations in the Inniss-Trinity field and in similar fields in Trinidad”


Columbus Energy Resources – extreme weather and oil price hits, but looks good potential from here…

2019-01-12 01:05:00

Columbus Energy Resources (CERP) “is pleased to provide an update on business, operational and financial activities during Q4 2018”. However, this includes “gross revenues of US$3.23 million achieved (Q3 2018: US$3.85 million) - reduction due to lower average production and lower oil price achieved over the quarter”. Hmmm…


Columbus Energy Resources at 3.7p worth 21.4p ( was 25p)

2018-11-12 08:18:06

Following the recent placing, the house - thus not impartial - broker VSA has rejigged ita valuation for Columbus Energy (CERP) in the detailed note below. The price target comes down from 25p to 21.4p to reflect the dilution but at 3.7p the stance remains buy. I agree with the conclusion but am not so sure that the price target is not a tad ambitious.


Columbus Energy Resources – Spain ‘disappointment’, but focus is on Trinidad. Still a buy

2018-11-06 08:39:32

Columbus Energy Resources (CERP) has updated that it “has received notification from the Spanish Government that it should commence the decommissioning of the Ayoluengo field”. The company has been expecting the government to re-tender the concession...


Columbus Energy – placing which “follows strong market interest from two of our major shareholders”, what’s with the price then?!

2018-10-16 08:00:00

Columbus Energy Resources (CERP) “is pleased to announce a conditional placing… at a price of 3.5 pence per placing share to raise approximately £2.5 million”. The shares though commenced last week at above 4p, were still 3.75p at the end of it and the week included “pleased to announce the completion of the purchase of Steeldrum Oil Company Inc”“pleased to provide an update on business, operational and financial activities during Q3 2018” and an evening investor presentation…


Columbus Energy Resources – Q3 update, organic and acquisition potential

2018-10-12 07:37:11

Columbus Energy Resources (CERP) has updated on the third quarter of 2018, including that it “has incorporated Steeldrum's business performance into Columbus' financial accounts with effect from 13 July 2018, the effective date of the acquisition… (and) adding significant optionality to increasing production going forward”...


Columbus Energy Resources – interims, remains news flow potential aplenty - BUY

2018-09-29 06:04:13

Columbus Energy Resources (CERP) has announced results for the first half of 2018 and that it continues to progress activities to achieve sustained production growth…


Columbus Energy – complementary acquisition further increases confidence, an even stronger buy

2018-07-13 19:06:41

Columbus Energy Resources (CERP) has announced an all-share agreement to acquire Steeldrum Oil Company Inc, with Executive Chairman Leo Koot emphasising it “provides the company with an excellent opportunity to exploit our existing and new assets through operational excellence and also grow organically through exploration and the Cory Moruga development project”


Columbus Energy at 4.7p offer worth 26p – VSA

2018-06-12 02:30:40

Okay, VSA Resources is the house broker so it is paid to be bullish but could these shares really be a five bagger plus? Analyst Oliver O’Donnell reckons so and opines:


UK Investor Show 2018 Video: Leo Koot of Columbus Energy Resources

2018-04-29 03:07:09

This is the great Leo the man who has transformed Del Boy Lenigas operation LGO Energy into a company that is going places, Columbus Energy (CERP). This presentation struck me as not bad at all.


Columbus Energy BUY at 5.4p target 26p - a New World

2017-12-13 03:19:20

Broker VSA - which is house so not impartial - has published a deatiled research report on Columbus Energy (CERP) explaining why the shares, at 5.4p, are worth 26p. It writes:


Buy Columbus Energy as a ten bagger says Andrew Monk (with charts)... and ANO Total loon

2017-09-15 00:44:22

In his private email to clients this morning Andrew Monk of VSA, broker to Columbus (CERP) brings charts from yesterday's AGM presentation and uses them to explain why he sees the shares, he first tipped at sub 2p,  roofing it. He is not the only fan...but first to Monkey who gushes: 


Columbus Renegotiates Convertible Loan Notes - this is important and very good news

2017-09-12 00:03:00

Columbus (CERP) has renegotiated the terms of its $8.9 million Convertible Security Funding Agreement with Lind Partners, LLC , announced by the old regime on 7 December 2016. This is big news and it is good news. 


Columbus boardroom clearout continues, D day September 13 - BUY

2017-08-05 01:36:14

Columbus Energy (CERP), formerly LGO, has continued the new broom change process. It has announced that Fergus Jenkins has stepped down from the Board and from his role as Chief Operating Officer, with immediate effect. He will remain with the Company and act as an advisor to the Board until 31 January 2018 but that is just a face save for Fergus. That is the last of the "ancien regime" cronies kicked into touch.


Andrew Monk on the great oil exploration triangle

2017-07-26 01:34:56

Andrew Monk of VSA Resources has a geography lesson for those following oil explorers. Believe it or not the hot spot is not somewhere close to Gatwick Airport but somewhere a bit more exotic.


Columbus Energy Corporate update - look through the windscreen not the rear view mirror! BUY

2017-07-11 00:49:11

Shares are valued on the basis of what is to come. that is to say future earnings ( or lack of them). Not historic losses, profits or performance. But shares in Columbus (CERP), the former LGO Energy have been marked a tad lower after an operational update as punters looked in the rear view mirror. Their error = your opportunity.


Columbus Energy - we tip this a 3rd time - a buy worth 3.5p

2017-07-08 08:18:05

We tipped these shares a couple of weeks ago for a third time. The shares are now 2.7p in the middle and so even at the bid we are up on this one. But our target to sell at 3.5p+ so there is more to go for. Our original share tip reads:


LGO becomes Columbus Energy but is new boss Leo Koot the champion corporate wankspeak talker?

2017-06-15 00:31:00

This evening new LEGO Energy (LGO) boss Leo Koot will host an analysts briefing in the City on the day the company changed its name to Columbus Energy (CERP). The company has upgraded its FD and a statement issued is exceedingly upbeat. For that, as a loyal shareholder, I am glad. But the statement also contains aboslute A grade corporate gibberish/bullshit. Who is responsible for what follows? Please do not say it is Leo.


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