Caspian Sunrise Share Discussion Threads

[bad gateway] 03/7/2017 07:38

Doesn't sound like anythings ever coming out the deeps imo. Can the shallows step up and give the share price growth?

[billybankrupt] 03/7/2017 07:31

Not exactly a game changer

[togglebrush] 03/7/2017 07:06

Good Morning RNS published In brief
'
MJF
‘
Well 144 first interval tested is flowing at the rate of some 1,000 bopd using an 8mm choke. Plan is more long-term testing to evaluate potential.
Well 143 well is currently producing at the rate of 610 bopd
Wells 141 and 142 were drilled
‘
MJF proven size of the structure and increases our aggregate production capacity to well over 2,000 bopd.

New Structure
;
Well 808, leak in the well casing resulting in water inflow, assessing, then re test
Wells (805,806 & 807) in aggregate have produced at the rate of 150 bopd.
'
Two further wells planned
We look forward to determining if the New Structure demonstrates it is on a par with the MJF

South Yelemes structure Production is approximately 75 bopd
;
Deep Wells

Deep Well A5 previous rig has been dis-assembled and the new rig assembled and is expected to be come fully operational shortly, following which work on the planned the side track will resume
Deep Well A6 Results from limited testing to date have been inconclusive.
'
Remain focussed on getting our drilled deep wells to flow sufficiently to report production levels and to be in a position to quantify reserves

[johngaz] 01/7/2017 15:40

(hallow)...thank you.

[hallow] 01/7/2017 12:47

John

These pages are worth reading.



and also this

[johngaz] 01/7/2017 08:12

As the world population grows so will the need for OIL and gas. Solar power will never be enough at this moment in time. While there is OIL in the ground it will be used. The only difference will be the price per barrel.

[hallow] 30/6/2017 20:37

Here is the real worry for Caspian Sunrise, there is too much oil on world markets including the big shale producers

[togglebrush] 30/6/2017 20:37

Konil: there are 7 delayed trades in the 224 trades covered above
and IMHO it gives a fair view of how trade in this share is going and is the best we have

[konil] 30/6/2017 17:56

toggle, difficult to interpret buy/sell stats when rules allow delayed reporting, which makes the automated buy/sell markers unreliable. add that to the games played by the old boys club and the ordinary pi has little or no chance of seeing a fair market, much less understanding what is going on.

[konil] 30/6/2017 17:51

fwiw, and its not worth much!, imo cheap stock is being accumulated by shall we say 'favoured' parties and share price levels made favourable for such undertakings.

if bad news transpires then the above is tosh. if good news then we know the game.

hanging on to mine on a hope and a sighting of a pig flying past.

[bullinachinashop3] 30/6/2017 16:31

pleased that weeks over with !

[togglebrush] 30/6/2017 16:27

Re Bull #958
Brief Extracts from RNS 13 Jan 2016 which was like the Curates Egg good in parts
‘
Shallow Well 143
The Company is pleased to report that Well 143 has flowed strongly since the New Year and continues to flow well.
‘
Deep Well 801
The well has now been closed to allow the removal of drill-pipes. The well is next expected to be placed on test within the next few weeks. Roxi will provide an update once unimpeded flow rates have been determined following such testing.
‘
Deep Well A5
The next phase of cleaning up this well is expected to commence towards the end of January 2016 with the delivery of new coil tubing equipment to remove the excess drilling fluids previously reported. In the meantime the well is periodically opened to bleed off excess drilling fluids.
‘
Deep Well A6
Drilling has reached a depth of 3,140 meters without incident and the well remains on target to reach total depth at the end of February 2016

[bullinachinashop3] 30/6/2017 15:43

jan 2016, the last time we were at these levels, can anyone remember what for? just more blocked deep wells i suppose!

[johngaz] 30/6/2017 15:25

I Allways follow my gut instinct. So I'll continue to nibble away at the shares and carry on buying right up to any news. IF it's not good news then so be it. G/LUCK.

[xclusive2] 30/6/2017 14:52

It wouldn't surprise me to see the board issyuing more options at low exercise levels.

Limerick can't be happy with his purchases and wouldn't be surprised to see out of the money options replaced.

Doesn't smell right and we've only been at these share price levels following bad news. To be at this level pre the wrong news would be bad news and for that reason i will keep my powder dry !

[johngaz] 30/6/2017 13:31

Sells v buys continue to counteract each other. This share is being held in this price area until news is released (IMO). I will continue buying until news arrives ( Good or bad ).

[bullinachinashop3] 30/6/2017 12:03

i see what you mean about a dreaded Friday RNS - maybe we will get a surprised next week?> Anything is possible here, agreed very oversold.

[maxim1999] 30/6/2017 11:51

I agree its a great level to be buying, even with out news, it so oversold a rally from here could take it to 10p easily. Sadly I average down at 10.6 p and can't put my money where my mouth is.

[johngaz] 30/6/2017 10:33

Yum yum yum. :0) it won't take much to move the price. Interesting to see were this goes before close of play today. DEFINITELY wouldn't want to be out of this over the weekend. Time to buy more if you've got the b_lls (IMO) G/LUCK

[johngaz] 30/6/2017 09:22

Added some more. Yum yum yum :0)

[johngaz] 30/6/2017 09:17

(IMO) good time to purchase more at this crazy price ??? Time will tell. So will taking a chance Favour the brave. (HOPEFULLY)

[togglebrush] 30/6/2017 08:18

London Listing is it necessary ???
‘
The Group generated revenue of US$1.6 million (2015: US$1.1 million) reflecting increased production. Total administrative costs were broadly stable at US$3.1 million (2015: US$2.8 million), which mainly refer to costs associated with maintaining the London listing for the Group's shares for the period under review. .The Group generated a loss for the year of US$5.4 million (2015: profit of US$10.6 million)._____ Source Final Accounts 2016
‘
Clive Carver is he fully informed ??? as the Executive Officers don’t attend all his Board Meetings
‘
The Board met 7 times and 18 times during 2016 and 2015 respectively, with the following attendance:
---------------2016---2015
C Carver_________7____18____Chairman
E Limerick_______7____18____NED
K Oraziman_______5_____6____CEO
K Satylganov_____4_____3____CFO
H S Jang________NA_____4____COO ._____ Source Final Accounts 2016
‘
RNS’s are they written by Clive???

10th May 2017 concluded with a Post Script from Clive.
‘
Clive Carver, Executive Chairman, Caspian Sunrise comments: "Success with Well 144 will not only increase the volumes of oil for sale but would also show the MJF structure is greater in size than the existing 10km(2) estimate."
‘
What was the purpose of the Beauty Parade ???
‘
1___Raise Capital (shares) in the market
2___Raise Capital (loans) in the market
3___Present the CEO to London (story is that he was in London)
4___Present the new name to the 5% of private investors
‘
Is Clive Carver a PATSY ???