The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
asllankukeli, Mark Dripford, is doing a very good job, he has managed to maintain the £15Bn a year subsidy from the UK government (£10,000 per year for every man and woman in Wales, details from the ONS) if you thought red tape was bad with NRW, try getting the Welsh Assembly involved, Cloggau would be turned into an "ECO" park with an unused conference centre, Cycle trails, footpaths ......... no car parks (Because everyone should be using the subsidised public transport) Oh and an average speed camera system around the cycle trails
Hiya Phil, yes, throw some horizontal side tracks in Block 8, and we could be up to 1500 Bopds per well, CASP have gained some very valuable experience over the past years and yes probably at our expense but if ........... big if ........ 802 is conquered, we will have the knowledge to flow from deep high pressure, high temperature wells, no pies, shopping trolleys, odd bits of metal, just flowing oil
Investeg, we are sitting on an awesome opportunity, we have a huge acreage to explore, the "Unexpected" oil encountered at 802 just goes to show how unreliable seismic surveys are, we have got oil we didn't even know about !!! we have got shallow wells coming back on line this year, A5 is still lurking after its 3800 bopd splurt, there is sooo much going on with CASP, not the usual 1 trick AIM pony, oil exploring, oil producing, Boaty charters, as for the BOD, yes, we are kept in the dark, us lot (PIs) own so few shares compared to the concert party, I can see in a way why they hold their cards so close to their chest, hang on to their shirt tails and enjoy the ride, they want to make serious money out of this and if keeping the rest of the world in the dark until they are ready, so be it, bit by bit they are building a huge company here, Im sure we will get bought out in the next couple of years for some serious money .................... $2.251Bn + VAT ............ 8-))
Thanks for that Phil, try this one https://factsanddetails.com/central-asia/Kazakhstan/sub8_4e/entry-4677.html ............. I especially like this bit , Kazakhstan is one of the few places where major oil discoveries are still being made. Geologists have been finding more and more oil all the time. The rock formations are "two to three times the thickness of anywhere else in the world and the deposits are so deep that geologist have yet to find their bottom. “ sounds like 802 to me
Very encouraging figures, but more placing's on the way ....."The Company's strategy is to design work programmes around maximising the value of its projects, building on the results of previous studies, for which it will raise specific funding as required, and this will continue to be the case in 2023."
Roxi, buying back in with all of it, every month my CASP snowball is getting bigger and bigger, strong buy all day, 42p soon ..... 8-)) ...... that last bit was said in a humorous way, seriously, if we had a dud (802 P/A) we would have heard by now, it has already and unexpectedly flowed at 700-900 bopds
Good morning Phil, what a wonderful day it is, yes .............. boredom, while the BB is very quiet, I sincerely hope CASP is drilling away and testing our new unexpected find at 802, I feel that if 802 were a dud, we would have heard by now, the next update will hopefully tell us what the side track did, my personal feeling is the we have completed the side track and it flowed at 700-900 Bopd, they have now plugged it and have continued to target depth in the original drill, as a worst case scenario we will perforate the original drill at the new unexpected target and open up the side track giving us at least 1400-1800 Bopd, I dont hold out any hope for a 2023 charter for Boaty, is getting too late now (I want to wrong on that) 3 monthly divis, I dont see a problem to holders, however traders have taken a different view and bailed