Caspian Energy Share Discussion Threads

[htrocka2] 20/11/2013 20:57

It's looking good...

[htrocka2] 02/11/2013 11:50

I'm seriously serious about Sirius, reaching the milestones to activate the Glencore drawdown will be a game changer ...This one will break on or before the 26th of November...All the bondholders have unanimously backed the company for an extention a second time. The world renown Roger Nutt, who to my knowledge, has never failed....will no doubt report before the 26th....who is convinced he can frack the wells as opposed to conventional drilling and go from about 200bod to 4000bod minimum...fingers crossed.

[beergut] 30/10/2013 07:09

Hi Htrocka2, Any News yet? and do you still like SIRIUS?

[htrocka2] 24/10/2013 20:39

A 'do or die' rns , iether tomorrow or Monday..

It's now it's the 28th of October..the rns turned up......and something's in the wind...

[htrocka2] 27/9/2013 20:33

hxxp://english.pravda.ru/business/companies/13-09-2013/125651-russia_oil_crisis-0/

I extracted this from the above.....and as CEK are in the Orenburg Region.....you just never know,

'According to Igor Sechin, "Rosneft" will undertake an obligation to implement all investment programs aimed at the development of the industry in the Orenburg region. According to the regional government, 24.4 billion dollars provided by "Rosneft" will be allocated by the authorities to the contracts with "Orenburgneft" and "Buguruslanneft."

In addition, "Rosneft" has promised to maintain social facilities in the territories where it has presence, and participate in cultural and sporting initiatives in the region. In 2013 approximately 10.5 billion rubles was allocated to the budget of Orenburg region from "Rosneft" enterprises as tax payments. Following the acquisition of 100 percent stake in TNK-BP, the number of assets in the Orenburg region has significantly increased.

In the development of new oil fields there are high expectations for the significant potential of the largest shale formations in the world, the Bazhenov Formation located nearly on the entire territory of Western Siberia. The size of its reserves is still unknown,


CEK have now passed two important dates that should have, in my opinion,delivered fatal blows to the company....and still no a peep from the endebted bondholders...interesting......It seems ALL are waiting for Roger Nut....then it'll be boom or bust. (and with one director being awarded half a million options at $0.07CAD just before delisting....my fingers crossed for the former)

[htrocka2] 27/9/2013 19:00

They're still alive and kicking..and Roger Nutt is now the key...


Caspian Re-Files Its 2012 Annual Information Form, Management's Discussion and Analysis (MD&A), for the Year Ended December 31, 2012
Caspian Re-Files Its 2012 Annual Information Form, Management's Discussion and Analysis (MD&A), for the Year Ended December 31, 2012

CALGARY, ALBERTA--(Marketwired - Sept. 26, 2013) - Caspian Energy Inc. ("Caspian") (TSX VENTURE:CEK.H) reports that it has filed on SEDAR (www.sedar.com) today amended versions of its (i) Annual Information Form ("AIF") for the year ended December 31, 2012, (ii) management's discussion and analysis ("Annual MD&A") for the year ended December 31, 2012, (iii) quarterly MD&A for the three-month period ended March 31, 2013 ("Q1 MD&A") and (iv) quarterly MD&A for the six-month period ended June 30, 2013 ("Q2 MD&A"), and (v) the related Forms 52-109F1R and Forms 52-109F2R.

The changes to each of the documents are set out below:

AIF

•Additional information relating to the Share Entitlement Agreement between Caspian and Roger Nutt, a petrophysicist providing advice on wells in Kazakhstan
•Updated information on share and warrant issuances
•Additional information on the field shut down in early 2013 and steps in moving from the pilot phase to the production phase, including the permitting process
•Additional information relating to transaction agreements entered into in June 2013 as previously described in a material change report dated June 24, 2013
•Updates to the description of Caspian's business
•A re-ordering of and certain revisions to the Risk Factor section
•An additional section relating to cease trade orders and other proceedings
•Addition of Form 51-102F2
Annual MD&A

•Added description of terms "Barrel of Oil Equivalent", "Operating Netback" and "Non-IFRS Measures"
•Added to the description of "Current Activity"
•Additional information relating to the Share Entitlement Agreement between Caspian and Roger Nutt, a petrophysicist providing advice on wells in Kazakhstan
•Added information regarding TSX delisting
•Additional information relating to transaction agreements entered into in June 2013 as previously described in a material change report dated June 24, 2013
•Updates to the description of Caspian's business
•Additional detail relating to general administrative costs
•Added description of receivable from a former shareholder of Aral
•Added description of trade and other payables, decommissioning liabilities and more detail on capital expenditures
•Added actions already undertaken, for remediating the material weakness in internal control
Q1 and Q2 MD&A

•Added description of terms "Barrel of Oil Equivalent", "Operating Netback" and "Non-IFRS Measures"
•Added to the description of "Current Activity"
•Added information regarding TSX delisting
•Additional information relating to transaction agreements entered into in June 2013 as previously described in a material change report dated June 24, 2013
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation which we refer to herein, collectively, as "forward-looking information". Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Caspian's actual performance, developments and/or results may differ materially from any or all of the forward-looking statements. Further information which may cause results to differ materially from those projected in the forward-looking statements is contained in Caspian's filings with Canadian securities regulatory authorities. All material assumptions used in making forward-looking information are based on management's knowledge of current business conditions and expectations of future business conditions and trends Although we believe the assumptions used to make such statements are reasonable at this time and have attempted to identify in our continuous disclosure documents important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those

[htrocka2] 26/9/2013 21:31

Caspian Energy Inc. Announces Director Resignation

CALGARY, ALBERTA--(Marketwired - Sept. 26, 2013) - Caspian Energy Inc. (the "Company") (TSX VENTURE:CEK.H) announces that Mr. Adil Mukhamedzhanov has resigned as a director of the Company, effective as of September 25, 2013.(end of rns)

I'm not sure if he jumped or was pushed...but he was ARAL's man on the board...and is No 2 at ARAL...and to be honest not quite sure what to read into this...ie; the day that CEK'S bondholders should have settled a $12.46 debt...and as far as I'm aware..still not paid....which I can only conclude that everyone is waiting Roger Nutts results.. The resignation by an ARAL director suggests that ,possibly, ARAL had made an offer to settle the bondholders debt in exchange for a takeover of CEK. This seems to have backfired and was against CEK's boards concencus....this cost him his seat on the board. If this was the scenario, then it's intriging to know that ARAL are still after CEKs percentage of ARAL........the story continues....(all my opinion of course)

[htrocka2] 24/9/2013 18:37

not yet...

[htrocka2] 23/9/2013 18:52

All to be revealed by the end of this month...

[easson] 23/9/2013 18:51

Thanks HT2

[htrocka2] 22/9/2013 09:46

I'm expecting news of some sort....by this friday....CEK are on the NEX exchange..but still not trading, presumably at the request of the company. We should know how Roger Nut and his 'fracking' concept is progressing.








logic dictates that they would not go to all the trouble of re-listing on the NEX Exchange....just to go down the pan...they could have done that on the main board. Presumably, they have a plan...we should know what that plan is by the end of next week.

[beergut] 22/9/2013 09:39

Any news on anything??

[beergut] 08/9/2013 15:51

I hold these in an ISA so I think I am screwed....

[htrocka2] 08/9/2013 07:51

an interesting couple of weeks for CEK ahead...

Caspian Energy (CEK) Com NPV (CDI)
.Sell: 2.46p Buy: 12.32p + 4.34p (58.71%)

The market is covering and positioning themselves for the move to the NEX Exchange...possibly this thursday/friday...will be interesting to see how this turns out.

[htrocka2] 02/9/2013 19:38

some time during the second half of September, preferably before the 26th, when the debenture holders decide if this company remains as it is...or sold to ASX...and the end of CEK...and this board....However, there's a fair to good chance that Roger Nutt may pull the rabbit out of the hat.

[beergut] 02/9/2013 07:52

when do you think they will have any drill results?

[htrocka2] 01/9/2013 09:00

curious.... that the debenture holders had the legal right to sell the company to China's ASX, who are ready anxious buyers, for failure to pay the interest on maturity due last 26th of August....yet 100% of them have given CEK....one last chance...to see, no doubt, how Roger Nutts theory will make this company 'transformational'....The next date to watch will be Sept 12th.

[htrocka2] 01/8/2013 19:19

It looks as if Roger Nut has been given the go ahead...to spend $3m on his theory in well 316..(I believe he's going to frack it with a horizontal side track)..we should get some form of indication on how it's going by the end of August....ish....fingers crossed...it's looking good.



Caspian Energy Inc. Provides Update
Caspian Energy Inc. Provides Update

CALGARY, ALBERTA--(Marketwired - July 31, 2013) - Caspian Energy Inc. ("Caspian") (TSX:CEK) is pleased to announce that Aral Petroleum Capital LLP ("APC"), Caspian's 40% owned subsidiary, has received an advance in the amount of USD $3,000,000 pursuant the loan agreement between APC and Groenzee B.V. signed in June, 2013. The proceeds of this advance are to be used to test well 316 in West Zhagabulak in accordance with the advice of outside consultant Mr. Roger Nutt. The tender process for this work has been concluded and a suitable bid was received from a prominent contractor.

Mobilization of the rig required for this testing is imminent pending clearance of certain items through customs. The target date to commence the contemplated testing is set for mid-August.

In June 2013, Caspian announced that its wholly owned subsidiary, Caspian Energy Ltd. ("CEL"), had amended its loan agreement to permit the drawing of US$100,000 each month until November, 2013 and to draw an additional US$1,400,000 as early as December 28, 2013. In accordance with this agreement, CEL has, to date, received $200,000 toward its corporate overhead expenses.

As previously announced, the holders of Caspian's Amended and Restated Convertible Debentures dated July 8, 2011 (the "Convertible Debentures") have agreed to extend the period for Caspian to remedy its failure to pay the principal amount of the Convertible Debentures at maturity, until August 26, 2013. Caspian also continues to work with the Alberta Securities Commission (the "ASC") in connection with the cease trade order which has been imposed by the ASC, and has obtained an extension from the Toronto Stock Exchange for the date for the delisting of Caspian's common shares from August 1, 2013 to August 22, 2013. This extension was requested by Caspian in order to allow further time for Caspian to pursue a listing on NEX.

[easson] 30/7/2013 18:26

Thanks for the update - appreciated

[htrocka2] 29/7/2013 19:32

Caspian Receives Extension Relating to Convertible Debentures
Caspian Receives Extension Relating to Convertible Debentures

CALGARY, ALBERTA--(Marketwired - July 29, 2013) - Caspian Energy Inc. ("Caspian") (TSX:CEK) previously announced that it had received notices of failures to make a payment from Meridian Capital International Fund, Firebird Global Master Fund, Ltd. and Firebird Avrora Fund, Ltd. (collectively, the "Convertible Debenture Holders") under Caspian's Amended and Restated Convertible Debentures dated July 8, 2011 (the "Convertible Debentures") for failure to pay the principal amount on the maturity date of June 2, 2013. The terms of the Convertible Debentures provide that a default occurs if there is a failure to pay principal on maturity and such failure to pay is not remedied within 30 days after receipt of written notice from the holder. Caspian announces that each of the Convertible Debenture Holders has agreed to extend the period to remedy such failure to pay until August 26, 2013. The aggregate principal amount of the Convertible Debentures is US$12,460,957.


personal comment...somehow they've promised to come up with nearly $13m by the end of August......I'm a strong believer in the Almighty and it looks as if a miracle is required and possibly on the way....maybe He's given Roger Nut and hand?(they're going back onto the markets on the 22nd.....hmmm...interesting....this is a long way over the 30 day compliance period with a 100% agreement by all bondholders...something in the wind me thinks....and as they're delisted and not trading, presumably have no obligation to inform the markets of news) )

[htrocka2] 26/7/2013 15:15

CALGARY, ALBERTA--(Marketwired - July 26, 2013) - Caspian Energy Inc. ("Caspian" or the "Company") (TSX:CEK) announces that the Toronto Stock Exchange ("TSX") has extended the date for the delisting of Caspian's common shares from August 1, 2013 to August 22, 2013. The delisting date was delayed by the TSX at the request of Caspian. Caspian requested the delay in order to allow further time for Caspian to pursue a listing on NEX.

[htrocka2] 14/7/2013 08:14

August...the AGM rns stated that provisions have been made for the possible issuance of Roger Nuts shares....which implies that he could be on target...hence the end of August....ish

[beergut] 13/7/2013 15:35

Any oil yet?

[beginnersguide] 13/7/2013 14:12

News
Toronto Stock Exchange ("TSX") has extended the date for the delisting of Caspian's common shares from July 11, 2013 to August 1, 2013. This was done to allow CEK to persue a listing on NEX.

NEX is a separate board of TSX Venture Exchange. It provides a trading forum for listed companies that have fallen below TSX Venture's

hxxp://www.4-traders.com/CASPIAN-ENERGY-INC-1409396/news/Caspian-Energy-Inc-Caspian-Provides-Listing-Update-17084563/
BG