Member Info for davidblack

Thanks Matrix re the deeper target at A10.
Interesting thoughts on the logic why they stopped at 4,300m at A8 and I guess we will see in a different light once A8 starts flowing.

If you can make me a space at the “Exciting Times Bus Stop” I will happily wait for the number 17 with you both.

Hi Matrix

On A10 is there a “5,300” target present?

TIA

DB

Or “The excitement builds.”

The rise in Sterling actually reduced the value of Caspian so not much to complain about.

Odd UT trade just 1,000 or so but above the 8.2p ask at 8.5p. Tiny but odd.

So it’s just a matter of time before A5 gets sorted? And it’s only been half a decade plus so far.

MO I reposted your piece to ADVFN which I hope is ok? One of the few useful posts today.

If you would like it removed I will do so.

Regards

DB

Clive gets a soft Chanel to peddle nonsense.

FK thinks he is getting the inside track.

Trouble is Clive doesn’t have any inside track and if he did he is way to smart to give it away.

FK eventually decides he is getting screwed and then gets bored.

A morality play in two acts!

Just getting in a few and raising the production by 1,100 bpd would add a million dollars to the cash pot at $30 net per month.

That would light a fire under this stock.

First new MJF spudded by 1st of April?

Maybe if they got their finger out?

Apparently not much is “Interesting Today!”

A huge compliance issue plus under performance “Encouraged” Arrowgate to liquidate their funds.

Not sure they will be hurrying back to The City any time soon?

What is code 1, if you could?

Nice bullish sign when BB goes short.

Stock being placed?

“BH will commence work once their bicycle clips have arrived via transshipment.“

A line from the next RNS?

Who knows on those dates but also pencil in 6,000 bpd not 8k which is not supported by current or former production numbers.

250 bpd per well on average looks achievable as not all will be producers.

Starting at The Shakespeare’s Head at 8am? And then moving somewhere more humble?

It’s Alkaid that needs drilling in the Spring. If that comes good a JV deal on Talitha would be at multiples of the price they could get now especially if 88 Energy comes good too.

So not drilling at Talitha may be the best thing that could happen here but just as long as the Alkaid deal happens.

From what we are now hearing Pantheon had almost no operational input other than nodding and writing cheques with Bobby Gray and his team operating with a free hand but operationally trying to do it on the cheap.

Hopefully the GB guys are now fully in charge?

Just a thought and a big question ideally for the technically knowledgeable.

Based on the A5, A6, A8 and 801 wells it would appear Caspian struggles to flow oil with the big issue being permeability within a carbonate rock formation. That I think is the big challenge at 4,300m which hopefully will be resolved by BH et al.

However below those 4,300m targets there are the Devonian targets which I am guessing will be many millions of years older and in a very different rock type. The Devonian rock I have personally seen is much harder and more like granite given it’s age and previous “Cooking.”

So is it likely the carbonate permeability issues are there in those lower targets? possibly much less so.

Maybe it’s time to bypass the “Easy” 4,300m targets and chase up the really big ones deeper given the success of A8 on its vertical drilling to 4,300m which was on time and on budget.

Time to think bigger? Possibly!

If the knowlegeables could comment I would be grateful.