Caspian Sunrise Share Discussion Threads

[xclusive2] 05/11/2017 20:04

One of the LSE posters estimates that Casper will be a £billion m/cap in 4/5 years ! I'm hoping for the same result in 4 to 5 months ! We won't be here in 4 years.

[xclusive2] 05/11/2017 15:55

If the right approach was made, as stated in the interview, they'll entertain the discussion and everybody has a price. Thus won't happen until they've proved up the current deeps imo

[berber1] 05/11/2017 15:07

Now that they are getting a5 to flow, does anyone think, the Chinese JV may decide to take us over? the CEO has been good at selling parts of the company as they became interesting. Thanks.

[xclusive2] 05/11/2017 12:59

Just listening to the last 2 CC interviews as only scanned them initially. A little bit of Carverspeak too .Key points -;- A5 90 day flow test commencement- Sidetrack success can be applied at 801 and A6- Oil sales moved from $16 to c $20- Debt/equity funding not ruled out to accelerate plans if needed and to cover infrastructure costs- M&A statementsAs usual or Clive can give mixed messages and if you listen to the first LSE interview you would think that A6 and 801are close to flowing yet if you read the deep updates from the interim statements you will see what the plan was -;801 - rig fromA5 to remove stuck pipes nad to flow from open hole. Good news that we will get oil production revenue but bad news, can't book reserves as unable to flow testA6 - Need to re-complete well to close gaps in casing before re-perforation attempt but need pipes from 801 to do this.Now in the Core Finance interview he states that they could use the same sidetrack technique used at A5 for A6 and 801 ?I'm not sure what the exact plan is as the communication is not consistent but I'm probably being a little picky as the plans are changing as the situation is a fluid one.I'm also hoping his gulp when talking about A5flow test was unintentional !Carverspeak aside, the opportunity is there for us all to see. I personally believe that they will perform a sidetrack on 801 as they'll want to book reserves and I think it's crazy not to do this. This will probably mean that A6 will delay as they are using funds from oil revenues to fund A8. The M&A statement is interesting and you can see what the game is and this could happen much sooner than I thought, especially if A6 and 801 flow.Going to be a very busy end of year and continuing through 2018.

[konil] 05/11/2017 01:31

yes steve, and $88m from june at $35/bbl if they put mjf and a5 on production. though they will probably wait to get a6 and a8 results before putting a5 on production. if one of a6 or a8 successful with similar flow to a5 then $132m, if both then $176m.

[steveh8] 04/11/2017 18:36

If they get A5 flowing 3,500 bopd smarty and nothing else then we have a revenue of $50m a year at $20 a barrel. The future looks good just a shame seller is still at it they were matching the buys on Friday but the chart looks like it's on the turn

[xclusive2] 04/11/2017 18:19

...lol Don't think he needs any help there !

[roy1982] 04/11/2017 17:43

x2

It all sounds very good,are you writing CLIVE'S scripts?

[xclusive2] 04/11/2017 10:33

Some bloooooo sky for 2018MJF9 infill wells - Total 15 x 500 bopd = 7500 DeepsA5 - 3500A6 - 3000A8 - 3000801 - 3500802 - 3000Total = 23500 bopdNew structure success at Y 808One of the deeps proves to be an elephant, Tengiz 2 !!Acquisition more acreage and a couple of elephants to exploit.That'll do

[xclusive2] 04/11/2017 09:17

HD,I also interested to see the new CPR for MJF. It it turns out that it is 30mb+ recoverable then we have a 10 year plus revenue stream at £100m pa based on daily output @ 7500bopd (15 wells @ 500 bopd).That will fund the deeps and generate the business profitability. Not sure about the dividend as most investors here will want the multi bagging returns from deep success and the final exit to a major.The story's a good one on the shallows and the other shallow op at Yelemes may prove commercial in time.A5 flowing at 3000 bopd + and we're away to the races.

[konil] 03/11/2017 21:46

toggle, thanks. an unexpected big buyer could help clear the overhang...now where did i put those spare millions...oh, i remember, i dont have those :~(

hd, yes mjf sounds like our backstop. i did like cc's casual reference to possibility of 9 infill wells at mjf after production licence.

[1enigmatic] 03/11/2017 18:21

Will be selling some good quality suits feel I won't be needing them.

[hiddendepths] 03/11/2017 15:26

konil - I think MJF has surprised the company. I know it has surprised me. IMO MJF alone underpins the present market cap. I wish I had a better idea of the likely reserves - ie whether they are short-life wells or whether they can go on producing at plateau for a few years. The areal extent of the field looks interesting.

[togglebrush] 03/11/2017 14:22

Konil... roughly a quarter ... at a modest gross commission say £350,000
but the numbers are now slowing down (since Wednesday)

[konil] 03/11/2017 13:41

yes smarty, shallows alone undervalued at this price. happy for the long term, short term swings aside.


toggle, haha, yes i get it. how many of those do you think, did you say 120m? how far through in your estimation?

[togglebrush] 03/11/2017 13:24

Konil
'
FWIW
Dear Baverstoke Shareholder,
‘
If you don’t speak English or know the London based stock procedures than please let me help you. The conversion of your (ten year) old shares which were not market tradeable can now be traded on the London market. Currently, due to change in circumstances, they are worth XX % more. I can help you do this. I speak English, Russian and Kazak and have traded my shares on the London market.
‘
I can also arrange for the proceeds to be paid to you in Tenge, Swiss Francs, Euros, or English pounds. All you will need to do is give me your stock certificates, sign the forms which I can supply and give me the details of the bank where you need the funds.
‘
I am yours faithfully
.
Lady Broker

[xclusive2] 03/11/2017 13:21

3 year chart and a nice cuppa coming. If you look at the 1 and 2 year the cup formation is there and a nice little handle formed ready for the next surge up through 18p and then 25p. Not an if, just a when and hoping for a silly tree shake pre the next run north.

[xclusive2] 03/11/2017 13:16

Hidden D,

Looking back through the old seismic projections etc, yep, Galaz did hold promise but our Roxi didn't deliver and i appreciate funding was part of that. Does it hold an elephant or two ? maybe and who knows, maybe they get the opportunity to acquire the exploratory licence from XD ?

K,

Yep, our Clive in very relaxed mode. Too many business lunches and a new shirt collar size or more relaxed following A5.

Beauty parade continues and the story is more positive than any other time in their 11 year existence. Why is the share price stagnating or retracing ? Sinister machinations ? i doubt that very much as Clive would be committing corporate suicide by evangelising the positive message when in fact the emperor has lost his clothes. Maybe that's for the next interview...lol.

Our seller(s) have stifled the surge north and i actually can't believe the share price is drifting but heyho, it is. I have alerts set should it get silly but just on shallows you can relax with your investment. A5 is the first key, if successful, you won't have to worry about your investment, just enjoy the future growth story up to acquisition.

Smarty

[konil] 03/11/2017 12:30

timber, thanks for third interview link, and a second outing for our tieless cc, he's almost got his retirement bags packed.

did you notice how he casually dropped in the possibility of 9 infill wells at mjf after converted to production, around 4:25.

also re-stated that a5 in full production would throw off c.$40m p.a. but in different words, i.e. would meet the $10m cost of a deep drill 4 times over in a year.

no timescale for the cpr but i guess it wouldn't make sense to do it on deeps until current prospects completed (a6, a8, 801, 802), also the current on-going shallows.

its a strong story, shame the share price doesn't realise that! bit more drifting today, may pull up by end of day.

question is, unless desparate, why would anyone be selling at this point? maybe sinister machinations in the background.

[hiddendepths] 03/11/2017 10:37

Smarty - Galaz had a lot of extra potential. Some of the more interesting bits were never drilled - there was a likely extension, possibly more productive than the main field, to the north. There were risks, though, and the production wells on the known field were clearly a higher priority. Furthermore, the seismic hinted that a deep well could come in - maybe a 30-40% chance, and if it had it could well have been 500Mb plus.

That said, they got a good price and the banker play was certainly BNG so I know it was the right call to sell. It's just a shame it was necessary.

[timberwolf3] 03/11/2017 10:15

Drilling to be funded by oil income during 2018 unless they want to speed events up

[togglebrush] 03/11/2017 10:13

"90 day flow test to start soon" as per CC in above video

[timberwolf3] 03/11/2017 10:12

From what he say's it sounds like they may do sidetracks on the other 2 deeps.

[timberwolf3] 03/11/2017 10:04

Beauty parade continues, latest video from Clive today;

[xclusive2] 02/11/2017 16:23

Very boring, matched trades and our seller is absorbing every buy.To come in next couple of months -;A5 start of flow test145 flow rates146 updateA5 30 day FTA5 60 day FTA6 updateA8 spud801 updateG&C new CPR - Q1Going to be very busy.