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Block 8 ? I didn't think we had produced anything from it, I was under the impression we were waiting for a licence, so to say production has stopped well yes errrr it never started for us ......Block 8 Deeps:- 2823sq Km contract area, cost $60m from future production at $5 per barrel waiting for licence
Well P-1:- Drilled 2016 Depth 4203m, P1+P2 Combined 110 BOPDs did flow up to 800 BOPDs, Sholkara structure
Well P-2:- Drilled 2019 Depth 3449m Sholkara structure
AKD-4:- Reached target depth 3922m prep for testing Nov 2023 Akkuduk structure
T-2D:- Reached 3408m target 3500m prep for testing Nov 2023 Toresai structure
Hiya xpublican, I think it may be a bit of boredom over the BH, with nothing to post about it keeps us "normal" people entertained ........... errrr can you call CASP holders normal? any way, trading resumes tomorrow so lets hope the hyper activity chocolate frenzy wares off a bit 8-))
Hi Phil, I fully agree with you there, however it would be dilutive unless the LTHs re-invested a 1 off divi back into CASP shares, hence future proofing their investment, I for one did this on the last divis, a lot of companies operate a "DRIP" scheme (Dividend re-investment plan)
Good morning George, I hope you are keeping well on this fine sunny morning, still a bit of snow on the Carneddau up here but Spring is on its way and it looks like the sun is rising for Caspian, certainly a serious amount of activity from the BOD, I dont think we should get too carried away with the shallow valuations, however if there are 2 or more parties interested, things could work out very well for us, as for selling the whole company, those deeps will have to be flowing and I am confident that when the BOD want them to they will, roll on 3800+ bopds from each