Caspian Sunrise Share Discussion Threads

[konil] 23/10/2017 14:06

perhaps today we have seen a transition from the end of the beginning to the beginning of the end.

the first phase took 10 years, this phase may take another 10, about the time it takes to prove up a supergiant.

[captainfatcat] 23/10/2017 14:04

Been taking a few more myself around 14p 8-)

[tidy 2] 23/10/2017 13:40

That's huge pressure guys wells done.

[babbler] 23/10/2017 13:39

Games.. Just games...

[xclusive2] 23/10/2017 13:36

Very odd trading, can't buy any and can't sell more than 75k online ?Peeps aren't believing the news which gives the greedy a real chance to take advantage IF you could buy some !!

[xclusive2] 23/10/2017 13:19

You did A2B. Much that you were inside at that point but not from company sources, why didn't you buy a shedload ?

Todays news hasn't sunk in yet and maybe peeps are concerned that they will encounter probs as they did back in 2014. No mention of drilling fluid issues and i for one can't wait for the high pressure testing gear to validate this as their first flowing well.

Also great news on the oil quality, thinner and no sulphur al la Tengiz and many other deep Kazakh wells so no expensive clean up process required to remove.

Still can't believe the price ? Went to 25p back in 2014 and that was pre any other deeps drilled at a cost of $15m per well. Those deeps (A6 & 801) could flow in the immediate future and our current m/cap is £246m ?

I've got more than most here and i have added again today as i can't look this gift horse in the kisser, this is a steal ! If A5 30 day flow test is as expected without issues and then followed by A6 appraisal (already drilled) and 801, i think you can all see where this is going.

Smarty

[top tips] 23/10/2017 12:28

Really moving now.

[alan2bigall] 23/10/2017 12:27

i told you all on thursday it was flowing

[timberwolf3] 23/10/2017 12:23

ngms - Hope you are well.

[sigora] 23/10/2017 12:19

freefloat been munched up come 3.30pm at this rate could see days highs

[zico01] 23/10/2017 12:13

not letting you BUY any from Halifax !!!

[hiddendepths] 23/10/2017 11:57

The first note I wrote on the company, only nine and a half years ago. I seemed to think that BNG was exciting!



hxxp://www.mediafire.com/file/jrdneojqt2j/RXP+WHI+050608+May08.pdf

[euclid5] 23/10/2017 11:20

Does anyone know if the first Oil reserves figures from their May 2017 presentation the structure they have just proved up 3500bopd in the BNG formation: on page 13 -
WH Ireland have the Airshagyl offset wells upside to 20km2 at 99mmbls

2011 Gaffney Cline
202 mbbls risked
900 mbbls unrisked

hxxps://www.caspiansunrise.com/wp-content/uploads/2017/02/Caspian-Baverstock-presentation-11-May-2017.pdf

[euclid5] 23/10/2017 11:13

Our base case assumes a recoverable oil estimate of 63mmb, up from 43mmb
We now include 75% of our Base Case valuation of the Airshagyl field in our TP and we anticipate scope for the inclusion of more value in our TP following the forthcoming testing.

Our valuation is based on the value of the A5 and A6 wells, both of which penetrated the same limestone formation, and four additional offset wells. This approach is very conservative to the extent that it includes only offset wells from a square drilling pattern where the A5/A6 wells represent the centre of the pattern.
We have taken this approach because a layer of salt above the deep productive zone creates seismic interpretation uncertainty. In due course, appraisal drilling can be anticipated to delineate the structure of the productive zone.

Due to the relative complexity of the subsurface we believe it appropriate to adopt a conservative approach, based on the inclusion of only immediately offsetting wells in our valuation vs. a conventional approach which would be based on structural geology. The complex subsurface is also why it took over a decade to appreciate the magnitude of the nearby Tengiz super-giant oil field

Daily bopd 3672 in 2018 - with earnings of $17.8m pa - Increasing to $35.8m in 2019

Equals £13.7m in 2018 & £27.5m in 2019 (based at FX rate of 1.30 per USD)

hxxp://research.whirelandplc.com/research/public.asp?domain=caspiansunrise.com

[euclid5] 23/10/2017 11:12

WH Ireland has 56p on Deep assets & 33p on shallows - giving market caps of £560m - £1.53B

[pre] 23/10/2017 11:10

From LSE thread..500,000 buy just went through...

Ironic
Posts: 10,776
Off Topic
Opinion: No Opinion
Price: 14.25
500,000 buyToday 11:06The 500,000 buy will have held us back whilst the order was filled . Still loading up .

[hiddendepths] 23/10/2017 11:09

Should have bought BEFORE posting. Doh!

[hiddendepths] 23/10/2017 11:07

Buyers arriving, stale bulls drying up. Set to move back up?

[jamiedodge] 23/10/2017 11:05

Hi Guys. I bought in here last week but hold 25,000 Roxi shares. When they changed the name to Caspian at the merger was it one Roxi share equals one Caspian share.
Thanks and good luck all.

[1enigmatic] 23/10/2017 10:33

Xclusive. Hey ho could have called this wrong

[xclusive2] 23/10/2017 10:27

Correct and for 99% of the company v 54% before merger completion.

Don't need to pump this, work out the math (-:)

[euclid5] 23/10/2017 10:22

Market cap in ADVFN is incorrect as there are 1.7b shares in issue not 942m

so current cap is £246m