Caspian Energy Share Discussion Threads

[robin_of_loxley] 22/12/2007 13:23

"htrocka - 22 Dec'07 - 08:39 - 386 of 389
Robin of Loxley....could you be kind enough to do me a favour,ie...incorporate the 25,50 and 200 daily moving averages in a long term graph..... I`m sure that the spikes of late must have `flattened out` the 200 dma.....and would give a positive signal as to when to get back in again....thanks in advance."

htrocka,

no problem, its in the bottom of the top box (ie the one with all the graphs in)

regards,

RoL
>>>>>--------------------->

[htrocka] 22/12/2007 10:49

just had a quick look at the `triple moving average` chart...a rising 45 dma graph line has just gone through a changing 100dma line. The last time the 45 was above the 100dma was when CEK rose from 95p to £1.75.....however the key is the 15 dma, it`s got to rise through both the 45 and 100 dma`s...that`s the `buy` signal.....it certainly looks like 2008 will be the year to me....and CEK.

[htrocka] 22/12/2007 08:50

ps...this could be one of the reasons why the farm-ins are taking such a long time to be announced.

[htrocka] 22/12/2007 08:39

Robin of Loxley....could you be kind enough to do me a favour,ie...incorporate the 25,50 and 200 daily moving averages in a long term graph..... I`m sure that the spikes of late must have `flattened out` the 200 dma.....and would give a positive signal as to when to get back in again....thanks in advance.

[robin_of_loxley] 22/12/2007 02:54

graph glitch fixed

[htrocka] 22/12/2007 02:00

I couldn`t help but notice that Nelson Resources was actually controled by Khazak investors...on a par with ARAL/CEK`s present set up and at the end of the day cast the final vote in deciding to sell to Lukoil...I wonder if the spike last August might have been ARAL retaining their grip on CEK?


ps..with Summers now CEO of CEK as well as President of the Khazak entity ARAL, CEK`s major shareholder,....my bet is that Lukoil will be the new farm-in partners......but at what price?. It was CNPC`s pre-emptive right to take control of the Buzachi field in which Nelson held a 50% interest that promted the Nelson khazak Investors to push for a Lukoil `take over`.....hence it will be interesting to know who the CEK farm-in partners will be....Summers could use the CNPC lever in negotiations with Lukoil.

[rupe1958] 21/12/2007 11:53

htrocka - it was same line of research and thinking that led me to buy into CEK - ie that W Ramsey developed oiler-next-door Nelson Resources then sold it to Lukoil for a fortune, and the same thing might happen at with CEK at North Block.

I think the problem for CEK, as for other small oil co.s is the huge cost of drilling deep holes leaves very little room for mistakes or bad luck. And they've had quite a bit of both.

Seems to me the Ramsey/Summers strategy at the moment is to try to conserve cash and therefore stay in business. So it's not impossible, I think, that they've delayed the Baktigarin drill programme for a few months in the hope that a farm-in partner will come along and pay for it.

[drewz] 21/12/2007 10:04

They seem to be taking a heck of a long time getting mobilised to drill a few shallow wells.

[htrocka] 21/12/2007 09:34

a bit more research...




The Caspian region's reserves account for 5% of the world's total but remain largely undeveloped. Caspian recently took a 50% interest in the North Block, an exploration zone next to Nelson's 360-m-barrel Alibekmola field.

[htrocka] 21/12/2007 09:12

as `newbee` to this share I thought I`d take a closer look at it.....and found a couple of interesting points...namely that Summers, who was appointed CEO in May last year is also President of ARAL.....which tends to indicate that any new farm-ins will be a joint venture between ARAL, CEK and a third party?. CEK`s `North Block` is adjacent to NELSON`s field....which Ramsey,CEK chairman and ex CEO of Nelson, has full knowledge of it`s potential. When Lukeoil took over NELSON.... Ramsey was made a multi millionare, inference would suggest that LukeOil, the `NorthBlock` neighbours would be the obvious choice as farm-in partners.....especially if CEK`s NorthBlock intrudes/infinges the same reseviour as drilled by Lukoil in the adjacent block.....If history repeats it`self, then Ramsey`s `motis operendi` is to build up the company....and sell it on......keep an eye on `holdings in company` rns`s. ....and to be honest..the biggest shareholder in CEK is ARAL it`self...hmmm.


Johnho - Sun, 29 Aug 04 :
For those seeking info on CASPIAN ENERGY, the following may be of interest.


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: NORTHWAY EXPLORATIONS LIMITED

TSX SYMBOL: NOW

AND CASPIAN ENERGY LTD.

JUNE 29, 2004 - 11:14 ET

Northway and Caspian Announce Completion of the Aral
Acquisition and Appointment of Chief Operating Officer

TORONTO, ONTARIO--(CCNMatthews - Jun 29, 2004) - Northway
Explorations Limited (TSX - NOW) and Caspian Energy Ltd.
announced today that Caspian has completed its acquisition of 50%
of Closed Joint Stock Company Aral Petroleum Capital JV ("Aral")
in exchange for US $9 million and 16,545,454 common shares of
Caspian. Aral holds an exploration contract issued by the
government of Kazakhstan which entitles it to explore and develop
the oil and gas property known as the "North Block" located in
the Aktobe region of Kazakhstan. The North Block comprises 2,348
square km and lies immediately adjacent to the Alibekmola field;
a joint venture owned 50% by Nelson Resources Limited (TSX-NLG).
Caspian has 39,590,909 issued and outstanding shares and an
additional 2,179,091 options.

Caspian and Northway also announced that Charles J. Summers has
been appointed the Chief Operating Officer of Caspian. Mr.
Summers will have primary responsibility for Caspian's operations
in Kazakhstan and it is expected that Mr. Summers will also be
appointed President of Aral. He has served for the past eight
years as general manager in Kazakhstan for Kerr-McGee Oil & Gas
Corporation where he ran Kerr-McGee's offices in Almaty and
Aktau. Mr. Summers was the President of the Kazakhstan Petroleum
Association for 2 years. Prior to 1995 he was operations manager
for Kerr-McGee in the UK. Mr. Summers started his career with Sun
Oil Company in the U.S. Gulf of Mexico in 1974. He held various
jobs of increasing responsibility with Sun Oil and Oryx Energy in
the US and international. Mr. Summers received a Bachelor of
Science degree from Wayland Baptist University in 1970.

Northway and Caspian have entered into a letter of intent to
merge. Further details of the merger are described in Northway's
news release of June 17, 2004. Upon completion of the merger,
Northway's board will include William A.G. Ramsay (the former
Chairman of Nelson Resources), Charles Summers, Chingiz
Dosmukhambetov (the representative of Caspian's 50% partner in
Aral).

[rupe1958] 20/12/2007 23:01

Still no news of Batigaryn drills. Not even of spudding. I suppose this means they haven't yet started the shallow well programme.
Perhaps the drilling plans are on hold while they try to find a farm-in partner, as per the last RNS.
Does anyone know what's going on here?

[doug51] 16/12/2007 18:14

not after they announce the farm in....could even be Gazprom.

[hectorp] 16/12/2007 18:11

Well here seems a cheap share...

[doug51] 16/12/2007 18:10

if Imperial turned down Gazprom...where will they look next I wonder?

[htrocka] 07/12/2007 06:08

theres always `nice volume in Toronto`...sub $C.4

[cleo1601] 06/12/2007 09:20

Hi all
Nice volume/lift in Toronto last night. Any thoughts?

[htrocka] 06/12/2007 06:11

I see MAX Pet......are begining to turn...

[tarzanhey] 29/11/2007 13:20

Cheers Drewz hope it will be useful.

Any others that are needed just let me know.

[drewz] 29/11/2007 11:18

Well done, Tarzan, Cleo.

Thanks for the new RoL-free thread (no advice intended).

>>>>>------------------------->

[tarzanhey] 29/11/2007 09:54

Cleo _ this is what I posted.

Morning All

Cleo asked me to set up another CEK thread because she has Robin_of_Loxley on filter and therfore cannot see this thread anyomore without unfiltering him.

So just a quick message to let you all know that there is now another CEK thread that is ROL filterable.

"Fully Filterable and Free Caspian Energy (CEK) Thread (CEK)"

link


Cleo would appreciate anyone copy posts over to the new thread.

Whatever you decide to do - good luck with CEK.

Tarzan