Caspian Sunrise Share Discussion Threads

[georgesorearse] 30/7/2021 23:07

MJF 6 out of 7 drills successful, only one of those horizontal. The geology might support reentering the existing wells for a horizontal side track, low hanging fruit quick win to pay for the deeps, 3AB and the boat fee's. Then smash drills all over MJF as quickly as the cash flow will allow. Then pump them out while oil is still being used.

[georgesorearse] 30/7/2021 22:18

UK RED - decent find that .... must be for the licence requirements ? New MJF well will pay for it.

[joemic3v2] 30/7/2021 13:59

https://signcurrency.com/?ref=Micheal

[ukred1] 30/7/2021 13:12

It's not announced by CASP as yet.https://www.bicotender.ru/tender/search/?keywordsStrict=1&smartSearch=1®ionPreference=1&keywords=BNG+LTD&submit=1All the tenders are logged here

[hallow] 30/7/2021 11:53

jamesey3 We're waiting patiently for the big announcement from Clive, Tim and Mr Shin. It's all phooey as far as I am concerned. Exciting times ???, it certainly isn't at present Phooey Learn to pronounce exclamation used to express disdain or disbelief. so phooey to sophistication

[hallow] 30/7/2021 11:07

jamesey3 Should be https

[hallow] 30/7/2021 11:06

jamesey3 The great Alvin Lee is finally Going Home. hxxps://youtu.be/ZhRWcUUbXRo

[hallow] 30/7/2021 10:52

jamesey3 Should be https and not hxxps

[hallow] 30/7/2021 10:50

Thunderbirds are Go Go Go Go hxxps://youtu.be/Uk97ur-HPLE

[jamesey3] 30/7/2021 10:34

Out on the prairies Hallow...duh do duh...https://youtu.be/jpBTgmPgFxs

[jamesey3] 30/7/2021 10:19

It's a shadow play Hallowhttps://youtu.be/H3S4XckG5LQ

[jamesey3] 30/7/2021 10:11

Hallow...It certainly ishttps://youtu.be/gEPmA3USJdI

[jamesey3] 30/7/2021 08:46

Wheres that on the Casp site ukred....?

[ukred1] 29/7/2021 20:43

802 tender posted

[hallow] 29/7/2021 17:36

jamesey3 Why aren't they telling us anything at all, jamesey3. We long suffering Caspian Sunrise investors should have been told everything. It's a Highway to Hell hxxps://youtu.be/l482T0yNkeo.

[hallow] 28/7/2021 19:58

jamesey3 Should be https not hxxps

[hallow] 28/7/2021 19:54

jamesey3 It's a difficult one jamesey3, it's a conundrum wrapped up in an enigma. Not far from the next top up jamesey3, so let's hope it stays at this price for a bit longer. It's all based on pound cost averaging. hxxps://www.moneyboxapp.com/pound-cost-averaging-helping-you-through-a-downturn/ hxxps://www.vanguardinvestor.co.uk/articles/latest-thoughts/how-it-works/what-is-pound-cost-averaging

[xclusive2] 28/7/2021 17:19

Konil, A really muted response to the news as no real volume today which is disappointing. There is no focus on Caspian from the investor base, only the small numbers of PIs that know the stock and the traders who are range trading it. Not on any of the share tip sites, Motley, ProActive, Shares Mag, Investors Chronicle etc so little visibility, the runt of the litter or one of them. Regardless, the 645 bopd and SY will add c $12m, throw in $700-$1m for annual barge charter and that's almost doubling 2020 t/over although there has ben a decline in MJF average of 1384bopd to a 1300 capacity whatever that means, good ole Carverspeak. The additional cash injection now gives them options, maybe they'd have second thoughts re the 3AB farm in if they'd have known that 154 was a healthy winner with more to come. Hopefully they can now accelerate MJF HD drilling and get the SY licence over the line so they can do the same there. Also hopefully have enough cash to do the A8 frack and if the same resource as doing 154, i'm all for it !! After 14 years, is there some light emerging from that very long tunnel. Peeple may larf at a £1 valuation, a £2bn company but it's not impossible. Prove up the 58km2 story, do the same with the Devonian, sell 3AB and have success from a stake in a N Caspian offshore project, why not😊

[konil] 28/7/2021 13:29

smarty, several superb points in your post. an updated presentation certainly required but given their record to date i'm not sure this is the time for a beauty parade, perhaps after some more results like well 154, they are quick to drill, and dareisay a successful frack at a deep. a beauty parade after results like that would certainly get attention. but ironically may not be required then because the share price should be doing the talking.

[xclusive2] 28/7/2021 12:01

Hi K, I've asked several questions and hopefully others have too. If we can believe the numbers, total annual production is now above C 820k with SY in the mix. Most of it can be sold at export prices so you can work the math using a 70:30 ratio and the netbacks from $75 crude. It's a significant result and there is reason to feel bullish as the fear of going private, pop or sale, have dissipated. Is it Mr Shin who's making the difference ? i'd like to know. Drilling more horizontals on MJF and Yelemes structure, does that change the P1/P2 numbers, a question i've asked. I bought more yesterday and am feeling the more bullish than i have done for many years. RTSs are not in the bottom drawer, they're now on the forehead, ready for action should the heat increase. Hopefully no severe depletion from the 154 result but from what i 'm reading on HD/Fracking, i'm hoping it enables better returns, prolonging field life and increasing reserves, proven and probable but will it increase those P numbers. I'd like to understand who they're using to frack A8 and when and as i've said over and over, a new Investor Presentation and a beauty parade to tout their wares. Blue sky ? you know it's there and even if they ramp up production at the Yelemes/MJF structures, there is some good money to be made but the riches come from 3AB sale, deep successes inc Devonian or a barge contract, not a rental but maybe a minority stake in an offshore project ? I still remain hopeful.