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Coffeemug,
I see you're stooping lower than a limbo dancer as per your idiotic gibberish.
How did your divorce go, pretty bad I heard, but don't worry there'll be someone to look after her properly now.
C hump.
That's not the news just the amuse bouche..
Hold, unless Yr Somm and his long suffering wife and then blow Yr load again... that poor girl.
7am rns tomorrow based on coffees tender find on 155 pipeline
Belles, funny you should say that ............... haaaaa 8-))
Coffeemug,
You're an idiot that will never wise up, ain't that right Clueless?
Flawless,
You can lead a camel to water but the silly chunt drowns in the oil ...
You'll wise up one day.
Coffeemug,
The Feb RNS said the rig was being mobilized from Block 8 and a month later the 25 March RNS said it was now onsite.
Stick to posting Bico tenders because you haven't got a Scooby Doo.
Next you'll be alleging they've paid an adviser £140K to spud A5 ...... oh hang on! lol!
Too many Humpty Dumpty's on here.
No one if they have any sense.
What is it Rocketeer always says?
42p
Nice to see out little concert party is all here.
Somm,
In support of Yr thesis the prior update was Feb when rig was being mobilised.
As I understand it these operational updates are written over a time span, so by the time it was written on the 25th March that info could be historic!
It could haven been assembled and drilling at A5 for some weeks.
If it was at T.D. I'm sure they'll take their time to circulate the mud out so not expecting news yet.
If that flows our Divis are back on track.
Diver….was the steak a little oily?
They mentioned two different dates on two different documents, 25th and 26th. Seems it was the 25th after all.
Just finished my brekkie in Vegas and just wondering whether I’m in time warp mode or is the 26th now a Thursday in the UK ? Most odd ? Anybody attending the GM may need a chat with the good Doctor !! Most odd ?
Looks like the market likes what CASP are doing today, holding well at 3.3p - 3.4p ....... PS:- I had Camel steaks in Hurghada recently, tasted very nice
On the 25th of March the G40 rig had arrived onsite from Block 8 to sidetrack the A5 Deep Well, and if I remember rightly they were going to do a 400m sidetrack.
IF IF the well spud at the beginning of April and the drill bit was doing say 15m per day (they'll be drilling cautiously no doubt with not wanting to get the drill pipe stuck again etc. so could be less than 15m per day?) they could hit TD and start flowing the well this month end/ early May, if it did spud then, so we could get an update on A5 Deep Well next week if all good, however this will depend on if they've decided to drill the well horizontally too (how far 100m?). May could prove to be a good month for CASP with the 806 Horizontal Shallow Well due in next month along with the 155 Shallow Well completed possibly by the end of May too.
Together with a Specialists onboard to tackle the 802 Deep Well and possibly the Block 8 license renewed to boot May could see a proper share price rise.
Let's hope the A5 Deep Well is fourth time lucky.
Let's see who takes the bait...
I don't think even Clive could mess up the Next RNS. Unless of course he puts a spin around the pastie being no longer edible....
GM result out..
Mike,
I told you, its your trust issues, they are holding you back ;)
You will see soon enough ...
"I know i've flipped again, but so has the news flow." well who would have guessed that, you fail to surprise me George............... Honest 8-))
Wolfi,
Could be, but they usually mention future plans in an RNS and then let the tumble weed grow over it for a few months.
They've covered West Shalva, it was valued and agreed by the Non exec & Nomad, they won't want a consultant pi55ing on their chips and going over that deal.
Sale of shallows RNS said:
The Board has in recent months entered into a number of discussions with potential buyers concerning the BNG shallow structures.
They can play one off against the other so won't need a consultant - again Kuat is ex Banker and a geologist, proven good at negotiating, didn't use one for the last oil field sale of $100m so unlikely he would need one now.
The only time they have mentioned bringing in outside help is for flowing a deep - last Bico tender contract was also for flowing a deep.
3 Months work for £140k ... sign me up!
That was back in February.
Quite looking forward to the next RNS ...
Might be in lieu of fees concerning the purchase of West Shalva or the sale of the shallows.
£140k is a decent sum of money for a consultant.
What can it be for?
1.Oil field negotiations
2.Deep drill expertise
They didn't use anyone last time they were going to farm out BNG for 18p, Kuat made the decision to accept and then cancel the offer.
Deep drills - A5 we know has been ongoing since February, is this the success payment to a speciaslist that means it's flowing?
Somethings going on that is for sure and it is looking very positive.
I know i've flipped again, but so has the news flow.
Lets just hope the "adviser" doesn't turn out to be Stormy Daniels !
Guess that discounts it being shallows, so deeps or oilfield sale?
Is it shallows, deeps, oilfield sale or all of them?
Whenever it does this price a tion from the lows there is something substantial in the background?