Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Well I think its about time we had a quick summary of our 1 trick pony CASP, if any one has any additional info please share.
BNG:- 1561 sq Km contact area, 40 Km from Tengiz (Nearology)
MJF:- Shallows Export licence to 2043
141:- Spud 2015 depth 2500m Sidetrack commence Dec 2023
142:- Spud 2015 depth 2500m Dec 2023 new sidetrack failed
143:- Spud 2013 depth 2750m Tender for pipe lines to GZU Oct 2023
144:- Spud 2017 depth 2750m up to 700 BOPDs 7mm choke
145:- Spud 2017 depth 2750m New sidetrack required
146:- Spud 2017 depth 2750m
150:- Spud 2019, 1st infill well, up to 500 BOPDs
151:- Spud 2020, 3rd infill well
152:- New well planned as a horizontal drill
153:- Spud 2020 depth 2503m Workover in prog 830 BOPDs 8.5mm choke
154:- Spud 2021 depth 2548m, up to 645 BOPDs
155:- Spud expected Nov 2023 completed Q1 2024 TD 3000m
South Yelemes:- Shallows Export licence to 2046
54:- Soviet sub economic 30BOPD workover Q1 2024 2000m targeting Dolomite
805:- 150 BOPD in aggregate with 806 and 807 sidetrack Dec 2023, 2222m targeting Dolomite
806:- See 805 workover Q1 2024 2000m targeting Dolomite
807:- See 805 workover Q1 2024 2000m targeting Dolomite
808:- Spud 2017 3200m 6 intervals potential new structure
Yelemes Deeps:-
801:- Sinopec drill, Drilled to 5050m waiting for rig
802:- Stuck pipe , work halted Total depth 4200m flowed at 700-900 bopd 100m earlier than expected
803:- Spud Dec 2023 target depth 4350m TD Mar 2024
804:- New well planned
Airshagyl deeps:-
A1:- Maps only
A2:- No mention on any maps
A3:- Maps only
A4:- Maps only
A5 – New sidetrack Nov 2023
A6- Repair required Q4 2023
A7- At 2150m to be continued to 5300m Q1 2024
A8- 3 oil bearing intervals, now abandoned
A9 New well planned
A10 New well planned
Block 8 Deeps:- 2823sq Km contract area, cost $60m from future production at $5 per barrel
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
3A Best:- 1347 sq Km contract area under the Total E+P owned Dunga field (15,000 BOPDS)
Additional fields
Nsanovskoye Field:- TBC
Tolkyn Field:- TBC
Saztobe Field:- TBC
Tasym and Bekbolat Field:- TBC
Other.
Mineral extraction: - No details
Wind farms: - No details, wind farm project noted in the 2021 financial statement.
Caspian Explorer:- Awaiting contract details/dates 2024 contract with ENI net profit $15m
CTS LLP:- Caspian Sunrise wholly owned drilling company
I know this is a very old presentation, but it gives you a great idea of where the fields are, it just shows you how swimming in oil CASP is !!
https://www.caspiansunrise.com/wp-content/uploads/2017/03/2011-Preliminary-Results-Investor-Presentation.2011.06.27.pdf
Yelemes Deeps:-
801:- Sinopec drill, Drilled to 5050m waiting for rig
802:- Stuck pipe , work halted Total depth 4200m flowed at 700-900 bopd 100m earlier than expected
803:- Spud Dec 2023 target depth 4350m TD Mar 2024
804:- New well planned
George, who knows what is going on with South Yelemes !!
South Yelemes:- Shallows Export licence to 2046
54:- Soviet sub economic 30BOPD workover Q1 2024 2000m targeting Dolomite
805:- 150 BOPD in aggregate with 806 and 807 sidetrack Dec 2023, 2222m targeting Dolomite
806:- See 805 workover Q1 2024 2000m targeting Dolomite
807:- See 805 workover Q1 2024 2000m targeting Dolomite
808:- Spud 2017 3200m 6 intervals potential new structure
Kept in the dark as usual
ENET, so ENET has gone up from £1.5m to £1.83m today ... say £300,000 for ease of calculation, and you have made £100,000 .... wow that means you own a third of the company, Im impressed hussy
Calm down Somm, this is CASP, as piddly little, inconvenient PIs we get told bog all in a timely manner, its been said many many times on here, we are just "Hanging on shirt tails" only by research and maybe the odd email do we find out anything, Im guessing well 150 is up and working, well 154 is kaput and well 142 has massive water ingress .......... lets see
Kheldar, like you Im am disappointed about well 142, I suspect the lack of news may mean it has been a dud, production was meant to be mid Nov, water has been an issue in the past, however we do have loads of other "fingers in the pie"
Good morning, thanks for the "CC" update, I feel, it is getting quite difficult hanging onto CASP shares right now, we have had a complete lack of news for sometime now, it will only take 1 of the large PI holders to start offloading and it will crash the SP, any news would be welcome, just to show us they are doing something