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Amuse bouche: Block of After 8's
Starter: Camel Toestie
Main: Fallen Christmas tree ala Eton Limmerick mess.
Pudding: UAE surprise.
After dinner game: You've sunk my battleship.
Https://www.instagram.com/egg_hut_official/reel/C4P0ceCyGaG/
Camel Toastie ...
Recipe:
1 x camel.
Light oil well
Stand back
Why the dead ... pan look.
Camel walks into a bar ...
Diver,
Wrong page, Humpfree - still laughing.
Even funnier, you were then shown proof from the WH Ireland report on the Caspian Sunrises website, it was the well at West Shalva that was leaking.
"So having done a lot of reading, I think we can all agree that dear departed Humpfree the Camel and the leaking oil well (As in the picture online) was not even on the same oil field, West Shalva is not the same as Shalva main field."
Best use of your time is probably ringing up the Nomad and asking them why they have signed this purchase off after the Nephew formed a new company (CS Energy) in 2023 and bought a small parcel of land and has flipped it some 8 months later into CASP with no work performed for $15m.
As Adrianz said the information will be made public as the Kazak Govt file everything in paper as a digital online file for everyone to access and read.
Then ask them to look at the Block 8 deal from the same Nephew ...
The last Kazak environmental fines I read about were $700k and expected to rise so you will be protecting your CASP investment.
I'm retiring soon so wont be around, good luck Mike, it's been fun.
Mike, that is a shame.
Maybe you are on the wrong page?
Positives .............. Camel meat is over £34 per Kilo, now there is something not to get the hump about
@DiverMike
@Wolfi
Got any more Camel jokes for me?
https://wp-caspiansunrise-2020.s3.eu-west-2.amazonaws.com/media/2024/04/Caspian-Sunrise-West-Shelva-PR-Audit-10-April_Final-1.pdf
"The West Shalva Prospect has ...oil been reported but not tested"
The West Shalva block straddles the boundary with other adjacent blocks - i.e. the oil isn't on their land but they have caused the spill by right of ownership ( read Sub soil users agreement for clarity )
The prospect is 3d mapped in poor clarity.
NO well tests were conducted at that time , however oil shows and oil films were reported at that time, the well was abandoned, but recently is has been reported that oil is leaking to the surface.
WH Ireland didn't mention the dead camel ... that reports given me the hump etc etc Zzzzzz.
@DiverMike
@Wolfi
Got any more Camel jokes for me?
"The West Shalva Prospect has ...oil been reported but not tested"
The West Shalva block straddles the boundary with other adjacent blocks - i.e. the oil isn't on their land but they have caused the spill by right of ownership ( read Sub soil users agreement for clarity )
The prospect is 3d mapped in poor clarity.
NO well tests were conducted at that time , however oil shows and oil films were reported at that time, the well was abandoned, but recently is has been reported that oil is leaking to the surface.
Well then say hello to Somm,
He's been back for months lurking and getting braver...
Flawless,
Thanks for all the fish...
Remember, it's all your own fault, it's all your own fault ...
Somm, aka Clueless Hicks from 2018 before he got banned last time .... got the serious hump with me for selling out from 14 to 12p - I even put on these boards I was selling and why ... the general abuse was hilarious.
We all want to be positive and believe the sun is going to shine tomorrow, be careful who you get to read you the weather report, Michael 'Somm' Fish.
Flawless Kicks 2018 "Sounds legit - NOT...lets set a benchmark of 12p for the purchase of 3AB and then 'drive the price down'....hmmmm yeah ok...KO has always given the company working capital - this year is no different and as last year shows, of the $8million given to the company, $7million was paid back from oil sales. Back to reality! Limerick is not buying at 10.25p because he wants to lose lots of money. He has 3.7million shares now at around 10p average. Once one of the deep wells is flowing, we will have a re-rate to around the 30p mark - two wells and 50p is likely. Those wells will being in $80million profit and A6 will bring that to $120million. Add to this the MJF in-fill drilling and we are at $200million end of next year. Then we in-fill the two deep finds in 2020 and drill 3AB....target is to become the 4th biggest oil producer in Kaz and I can see how we will do it! We have a clear path now and projection for $320million of profit within a few years. Anyone thinking we are going to 7p is a blatant de-ramper and in dream land. CASP is now on the verge of becoming a serious oil producer."
Same meat different gravy in his wonky eyed posts.
Mike, the oil's on the surface, they don't even need to drill for it.
Clueless,
Volume in 1's and 2's, made it clear added for a trade pot 2.4 and upwards, you could try a patch might help with following the rights lines?
Clueless,
is that Pustynnoye that also has the sub soil rights for gold extraction in its licence .... that has closeology to the large Kazak gold mine.
Told you get yr bird to read the Russian for you, you wont struggle as much trying to ramp these newbies in so you can dump on them and change your name again ;)
Joe,
Block 8 if you read the RNS none of it is set in stone, it's got slippery Carverism's written all over it.
One example.
Nephew owns Block 8
Casp took out a Bank Loan for $5m to drill block 8 using CTS, Auditors flagged it and refused to sign it off and made them go back and point out they had tried to fudge it in the accounts and that this had been corrected to a loan and not a commercial transaction.
They have appointed three sets of Auditors ( why? these large firms are multi juristictional )
If the deal doesn't get done K.O will repay from his future Dividends... what if its an asset sale to the UAE owned companies and its not technically classed as a dividend ...
Why is he guaranteeing to repay a CASP loan.
Watch the terms get changed.
Joe,
25sqm, I thought that it meant 2500 sqM and was yet another Carver mistype and Nomad miss but then I read this,
Sinelnikovskoye covers 90 square kilometres in the country’s Aktyubinsk region and was discovered during 1980s. Bought for £606k and nearly 4 times the size, 7 wells drilled, 2 more required to keep the licence.
https://www.upstreamonline.com/exploration/kazakhstan-puts-two-blocks-back-on-offer-after-previous-winners-failed-to-pay/2-1-1609672
look at 25 Sqm and 2500 sqM and $15m it's still the same either $50k or $500k isn't worth $15m 8 months later with clean up work to be done.
Eight other blocks being auctioned are located in the Aktyubinsk, Mangistau, Atyrau and West Kazakhstan regions, and range in size between 1000 and 4500 square kilometres, according to the ministry.
One of the legacy assets is the Sinelnikovskoye oilfield, for which the ministry has set a starting bid of 345 million tenge ( £606,871.95 Pound sterling).
Sinelnikovskoye covers 90 square kilometres in the country’s Aktyubinsk region and was discovered during 1980s.
It is understood to have seven exploration and development wells in place, which were abandoned about 15 years ago.
The company that wins the Sinelnikovskoye asset will have to drill two more development wells and pay for ongoing efforts to clean up the oil spills from the field.
Abandoned wells have been leaking oil at Sinelnikovskoye for years, and one was covertly reopened by thieves looking to steal crude reaching the surface under reservoir pressure, according to earlier regional media reports.
Other blocks on offer include Kendala South and Kendala North in the Mangistau region that together cover more than 8800 square kilometres.
The winners of these two blocks will be obliged to collect some 2000 kilometres of 2D seismic data and drill at least four new wells.
Going to be interesting to read what they paid the Kazak Government for West Shalva, they have to show it and we know the names it went under to look it up...
Block 8 - that's worth a look at, owned by the same person.
I wonder what he paid for that and how long he has held it for?
Not me Bully, mine were 1's and 2's, not adding, prolly Smarmy.
3A- Best, licence expired, drills not completed so fines in place, this looks to be from ownership from Kuat's Fathers time onwards.
Best guess is the Government are taking it under force majeur to drill the deeps once stage 3 at Dunga ( 2500m) is completed.
https://kz.kursiv.media/en/2023-11-23/kazmunaygas-acquires-a-60-stake-in-the-dunga-oil-field/
Note production 7400 bopd not 15000 as per Clive's RNS.
Khaldar,
There's one easy to find link, I'll keep the others but they are there if you look for them...
https://www.upstreamonline.com/safety/fire-burns-in-oil-well-a-month-on-from-blowout-with-emergency-services-striving-to-reduce-pressure/2-1-1491400
The new operator of the Shalva oilfield that was sold at a recent governmental auction, has reported finding a dead camel lying next to a seeping old christmas tree as its representatives inspected the acquired asset, Kazakh energy industry social network channel, Energy Monitor, said.
Note NEW operator 2023...
Mango, all those brains and still as thick as mince, god bless ya.