Caspian Sunrise Share Discussion Threads

[scoobydoo99] 03/10/2017 21:24

The dog ain't dead it's been in a coma for the last 10 years, no last rites yet.

[1enigmatic] 03/10/2017 20:34

Novices just sold up have a feeling this is a dying dog

[konil] 03/10/2017 16:38

random thought while we wait for a5 result...

i've no idea what the 3d seismics are telling them, but if they miss with the sidetrack, and given that flows were 2000bopd from the original hole, perhaps they should try further sidetracks until they feel they have exhausted the possibilities. got to be a lot cheaper than starting a new deep target from scratch and perhaps a better cos too. no idea of feasibility though.

any oilers here care to comment?

[xclusive2] 03/10/2017 14:18

Sp holding up and 85% sells although volume is tiny.Bwakem,Soon to be a Casper squillionaire if A5 comes in. The oil is there, and hopefully less issues with the sidetrack at 15% angle.Fingers x'd

[bwakem] 03/10/2017 13:29

I've averaged up a bit too. I bought 1m Roxi shares in 2007/8 for about 3.5p. I have recently bought more at around 7.5p. Although it has taken 10yrs! they are very close to potentially proving up and producing from a world-class oil field.

[bad gateway] 03/10/2017 12:01

I've averaged up a few times here. Stocks just stuck at the 200dsma while it flags imo. Probably waiting for the herd to swerve this way and push it back through Mays gap when the 200 was lost.
2500bpd from the sidetrack will do Clive.

[xclusive2] 03/10/2017 10:50

Peeps are not willing to take a punt on a deep success at A5. Really disappointing and either they're not being considered as awareness of the opportunity is not good or is it that they're not trusted to deliver ?If A5 fails, so recedes = profit opp as punters sellIf A5 success, share price flies = profitThe shallows more than underpin price and currently valued at 23p before 145&146 and reserves update.

[xclusive2] 02/10/2017 23:13

Re oil and gas shows at 4332 metres ?. Butane wasn't mentioned back in 2014 but suspect it's the same this time and hopefully they handle the pressure. 7000psi is a lot of pressure but I believe Tengiz is double that !!Jonny T,Missing your input to this board. What's your take on the likelihood of less issues from a horizontal access to the reservoir v vertical ? What's your assessment to our chances ?

[togglebrush] 02/10/2017 15:51

Re xclusive2 #1598
No whispers just AI (Alzheimer's Intuition)

[hiddendepths] 02/10/2017 15:32

Agreed smarty! The MXP assets would add the same problems all over again anyway!

Last thing I can find is that AGR Energy were trying to buy in - but then Max went belly up and I have no idea what happened. The E block in particular had several colossal targets with surprisingly high CoS, but very high drilling costs. There were also myriad shallows which were intended to provide cashflow to fund the deeps - at least in part.

I do know that Steve Kapelle, having got the boot as CEO by the Texans, tried to get the assets by acquiring Max. I believe the idea was to use Jupiter Energy but that idea never really got off the ground.

[xclusive2] 02/10/2017 15:24

HD,Roxi Sunrise..lol as long as it's not Caspian Sunset.Max, yep, a painful disaster for all concerned. I'm sure that there must be cheap acquisition targets available but I'm more interested in seeing some deep success here first before making more financial commitments. Toggle,Left field or have you heard a whisper ?

[xclusive2] 02/10/2017 15:00

Toggle,Well that is left field and sounds as if you know something ? It's not so left field as CASP want more acreage and want to be used as the Kazakh safe pair of hands for any foreign investment,Et al,I think the Butane mention has frightened a few peeps. Expecting to see some late reported trades.

[togglebrush] 02/10/2017 14:43

Wild thoughts feeding the Paranoia and adding to the superstitions etc.
‘
Merged company is coming good, and has no use for previous monies from directors used for supportive loans.
‘
So say KO has US$10 million burning a hole in his pocket and KS has the balance of the facility which was on offer to fund the drilling operations. Then there were the collection of other Almaty friends who are shareholders and provided loans in the past.
‘
The possibility therefore exists to fund a takeover of another Kazakhstan oil company which maybe on offer at a knockdown price. Perhaps one of the Baverstock holders may be have one ???. A rights issue could be used to fund it. The Almaty set could afford it and maintain their percentage. It justs need a beauty parade to persuade the others to join in to the bigger better company.
‘
When mean silence becomes generous sweet talk ideas flow which are ALL VERY FANCIFUL I KNOW !!!

[xclusive2] 02/10/2017 14:10

Probably one of the Kazakh workers cooking a few bangers for lunch

[konil] 02/10/2017 14:07

its the gas they're going to use to propel the share price into orbit. maybe.

[bullinachinashop3] 02/10/2017 13:56

never heard them mention butane before?

[xclusive2] 02/10/2017 13:42

'At Deep Well A5 we are entering what we hope is the final phase of drilling before we reach our goal. To date all the indicators are positive'.Can't get any clearer than that and I can't see why the result will be anything other than a discovery as the well has already flowed at 2000bopd. I'm expecting flow rates to be 2500-3000 but not counting any chickens yet !!

[xclusive2] 02/10/2017 13:04

Stock is flipping tight ! No online quotes and I'm struggling to get 50k and can't get fill or kill or limit to execute. Only got 30k at full ask ? Going to ping ?

[konil] 02/10/2017 11:54

pity the initial rise today isn't holding. hopefully it'll go bang!!! in the next week or two.

[bullinachinashop3] 02/10/2017 10:56

very very suspicious on here today, perhaps cause its monday, not long to see anyway!

[xclusive2] 02/10/2017 10:51

Konil,

I am as suspicious and it comes after 10 years of disappointment. The cynic in me could criticise this as an attempt to get the share price up ? 146 spud on time and a progress report on A5 that wasn't necessary. Also commentary that hoping that 146 is as successful as 145 to date coould mean that there are issues on 145 maybe ?

Easy to spin the negative but instead, below are the original announcements on A5 discovery back in 2014. The excitement was at fever pitch as Roxi were issuing news on each coring result which fuelled the share price rise.





You can see the excitement and the rise to 25p. This will happen again if positive and we have a lot more going on asides from this. Good or bad, not long to wait.

Smarty