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

By HotStockRockets | Friday 17 May 2019


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


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”...

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