Caspian Sunrise Share Discussion Threads

[xclusive2] 10/5/2021 13:01

I come out with a much higher number !!. From shareholders questions, net back from $40 oil = $31 after costs, $23.5 after tax.
Processing and transportation will be the same, tax @ 18.75% = $48 netbacks on export.

1300bopd
65% Export ? = 845bopd = $1233pm/ $14,796 pa
Domestic @ $12, don't know netback but if we say $8 ? that's another $1m pa.

I haven't looked at gross receipts for 2019 year where average production was similar @ 1388bopd (Toggle) but production licence not awarded until Sep 2019 so revenues would've been far lower with Domestic sales @ $18/19. Add to this the cost cutting and reduced operational spend, i expect to see a far better financial position. Yep, MJF $800k per qtr is damaging speed of operations and they could drill a few more shallows pa but we're still waiting. The MJF charge will be a boost as it gives them the chance to increase operations/revenue but we need a result from a deep or barge rental to see the real catalyst to share price appreciation.

Yawwwwnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn.

Market still well bid with 550k max sell @ 2.33p and 250k buy @ 2.394p. Still nobody has a scooby as to the future but there is one bit of good news, they're not going pop ! 2020 Finals will be interesting to see the effect of Covid but i suspect far better than many expect. 2021 managements should be the best since incorporation, especially with healthy crude price, reduced costs and returning a profit.

[konil] 10/5/2021 09:37

rns 5th feb

"
Assessed BNG historic costs
We continue to appeal against the BNG historic costs of $32 million to be paid quarterly over 10 years, which have been levied entirely against the MJF structure, despite that structure represent only 1% of the total BNG Contract Area.
We look forward to the case being considered by the Kazakh authorities later this month. In the meantime we prepare to pay the next quarterly payment.
"

and

"
Deep Well A8
Our intention is to fracture and complete the well at the current 4,500 meter depth, which we expect will take two months. In the event this does not result in commercial quantities of oil we plan to drill a further 800 meters to the original Devonian target at a depth of 5,300 meters.
"


above 2 items way past expected dates but no update.

and new mjf shallow wells performing poorly and very slow bringing further shallow wells on line, so unlikely to see the step changes in production originally hoped for.

could deep well a8 surprise to the upside in near term from fracturing? or will that fail and will we hear of devonian attempt?

fag packet calcs suggest current netback c.$750k/month? does anyone have another number?

meanwhile the $800k/qtr charge for historic costs continues to drain the life out of the company.

good here innit?

[hallow] 09/5/2021 18:53

jamesey3


hxxps://www.rightmove.co.uk/property-for-sale/Beaconsfield.html

should be https

Benjamin Disraeli, 1st Earl of Beaconsfield

Not Caspian Sunrise related, but house prices look reasonable in Beaconsfield.

Go Go Bert Weedon Go Go

[jamesey3] 09/5/2021 13:36

It's a loveley Day Hallow ...Not Caspian related....Glad its good in Beaconsfield Disreali-ville

[hallow] 09/5/2021 12:49

jamesey3

(Not Caspian Sunrise related) but it looks like Bert had a good life and died age 91 in sunny Beaconsfield.

For all Caspian Sunrise watchers

Caspian Sunrise to go up on Monday morning


Today's weather in Beaconsfield

18°C°F
Precipitation: 20%
Humidity: 68%
Wind: 15 mph
Beaconsfield, UK
Sunday : Cloudy

Go Go Go Go Bert Go Go Go Go

Bert Weedon
BIRTH 10 May 1920
London, City of London, Greater London, England
DEATH 20 Apr 2012 (aged 91)
Beaconsfield, South Bucks District, Buckinghamshire, England
BURIAL
Chilterns Crematorium
Amersham, Chiltern District, Buckinghamshire, England

Bert Weedon’s Net Worth:
$1-5 Million

[jamesey3] 08/5/2021 23:25

HallowApacheeeeeeeeeeeeeeeeee!!!!!!!!!https://youtu.be/YSh9ET2xKOE

[jamesey3] 08/5/2021 23:24

More Bert..Sweet Sounds...Go Bert Go Go Go Apacheeeeeeeeeeee!!!!!!!!!!!

[jamesey3] 08/5/2021 23:22

Hallow Go Go Go Bert Weedon Go Go Gohttps://youtu.be/auqW5qE4XnA

[hallow] 08/5/2021 18:41

jamesey3

The great Bert Weedon has finally passed away

Herbert Maurice William 'Bert' Weedon, OBE (10 May 1920 – 20 April 2012)

He won't be Playing In A Day Anymore

Good bye Bert it was wonderful to know you.


Not Caspian Sunrise related, but our favourite share was up 2.2% on Friday afternoon.

[jamesey3] 08/5/2021 14:32

Lol..... Dont think so Hallow I think Clive would luv to sink all the Casp shareholders. Hes treats them like mushrooms ,luves dumping on them ...His resentment would luv to pull the nuclear button on Caspian Shareholders ....lolTuggle and Flying Included

[hallow] 08/5/2021 13:11

jamesey3

It will be an honour to be screwed by Clive, Tim, and Mr Shin.

In the 3 of them we trust, a finer and more competent group of oil executives you will not find anywhere.

It's great to be with you all, on this our epic Caspian Sunrise journey.

[jamesey3] 08/5/2021 12:41

Hallow ,We are here because they were a Bunch of Skullduggerers of the First Degree...Our Three Musketeers Theres a Deal with Knoc in the making with ex Knoc Mr Shin lining up the Deal Hope they dont screw us .....

[hallow] 07/5/2021 18:46

jamesey3

We live in hope everything will happen very very soon.

Clive, Tim Field (specially appointed Director in charge of Mergers and Acquisitions and Mr Shin all a great bunch of guys in my opinion). 3 of the finest executives in the oil industry anyone could ever meet.

Go Go Go Clive, Tim and Mr Shin G0 Go Go Go

3 Go's before Clive, Tim, and Mr Shin and 4 Go's after Clive, Tim and Mr Shin. It's a world record for Go Go Go's.

Casp slightly up 2.2% today, and it's very good news for all long term Caspian Sunrise holders.

[jamesey3] 07/5/2021 16:46

It is Going to Happen SoonIt's going to Kick Off Mr Shin The Quiet ManWill see to it He's our Man in Havanna , Hallow

[hallow] 07/5/2021 16:40

jamesey3

It's all going to happen in our lifetime, so good luck all.

[jamesey3] 07/5/2021 16:27

Some think he has been sacked ..Hallow...But hes always our Consultant in the FieldOne of the Best Go Go Go secret deals Go Go GoBag Man ..... Go Go Go....

[jamesey3] 07/5/2021 16:18

Hi Hallow Its looks a proper bargain! ..let's hope, Tim ,Our Mergers Man in the Field ....Tim Tufty has cracked a deal .....Go Timmy Boy Go Go Go....Secret Mission IncorporatedClive's Buddy Go Go Go Go....

[hallow] 07/5/2021 14:03

jamesey3

Just looked this up, about our favourite drilling and exploration ship

hxxps://www.offshore-energy.biz/kazakhstan-based-player-to-buy-caspian-explorer-drilling-vessel/

[jamesey3] 07/5/2021 13:52

May the Go Go s Go With You and Your Tug Boat The Caspian ExplorerGo Go Go Go Go Go Go Go

[jamesey3] 07/5/2021 13:23

Yes Go Go Gos are the only way forward for Caspians ,HallowIt really seems to wind up the irritable and discontent.....Embrace Your Inner Go Go ...Toggle ..andWe still love you ToggleJudgementality will leave you forthwith!!!And Go Go Go ....

[hallow] 07/5/2021 12:54

Very clever jamesey3, but what about this

Go Go Go Go Go Go Go Go Go Togglebrush Go Go Go Go Go Go Go Go Go Go

9 Go's before Togglebrush

10 Go's after Togglebrush

It's an incredible day for Go Go Go's.

[jamesey3] 07/5/2021 12:19

Hallow ,You are rightGo Go Toggle Go Go GoGo Go Go Go ... I Implore you Go Go Go ....

[jamesey3] 07/5/2021 12:04

Hi TB cant get me I have got vaccinated against such Doomie GloomiesLol....