Member Info for Divermike

To be fair George, CASP have had A5 flowing for quite some time ....... 63m interval flowed at 3800 Bopd 19mm choke for 15 days Dec 2017, flowed at 1500 Bopd 12mm choke Feb 2019 for 40 days.

No George, its not what you are thinking

Ha ha haaaaa 8-)) have you ever bought from one of those? ...... bush meat

Bottled, I think Sotheby's, its more for the sophisticated investor and HNWIs 8-))

II is telling me CASP has gone into auction at close

Should I email Clive and let him know what's going on? 8-))

Contd:-

Mineral extraction: - Mining, in the case of the project we are reviewing could produce income from day one, Jun 2024, An asset has been identified and we are in the evaluation stage with the intention, if what we believe is confirmed under an internal and external due diligence process, to seek to conclude its acquisition later this financial year. The United States International Trade Administration also lists Kazakhstan as having the world's largest reserves of uranium and extensive coal, gold and manganese reserves.

Wind farms: - No details, wind farm project noted in the 2021 financial statement.

Caspian Explorer:- Prosperity Petroleum, a UAE registered holding company for the CE, All cost written down in previous financial statements so that its carrying value now $1.7m, Originally bought for $25m, issue of 160,256,410 shares (Then 12p per share) Awaiting contract details/dates 2024 contract with ENI net profit $15m

CTS LLP:- Caspian Sunrise wholly owned drilling company, CTS owns 4 rigs, being one G50, two G40's, and a G20 workover rig, with the number indicating the maximum drill string weight the rig can support. Negotiations underway to acquire a G70 rig

Galaz field:- Sold for $100m, Of million disclosed the $100 approximately $50.4 million relates to the equity of Galaz & Co LLP, in which Roxi has a 34.22 percent interest ($17.24m) and approximately $49.6 million relates to the assumption of shareholder loans owed by Galaz & Co LLP, of which approximately $11.3 million is owed to Roxi. In aggregate the share of the $100 million disclosed attributable to Roxi is expected to be some $28 million. ($17.24m+$11.3m) …. This section needs clarifying as it has conflicting reports notably 2022 accounts

Contd:- Block 8 Deeps:- 2823sq Km contract area, 3 identified structures, cost $60m from future production at $5 per barrel waiting for licence, owned by Procyon investments (Member of the Oraziman family) The Block 8 licence was previously owned by LG International the Korean conglomerate, who in 2006 started to acquire 3D seismic data over approximately 456 sq km, "The Sholkara prospect has an unrisked mean oil resource estimate of 100-400 million bbl."

P-1:- Drilled 2016 Depth 4203m, P1+P2 Combined 110 BOPDs did flow up to 800 BOPDs, Sholkara structure

P-2:- Drilled 2019 Depth 3449m Sholkara structure

AKD-4:- Reached target depth 3922m awaiting testing Jul 2024 Akkuduk structure

T-2D:- Reached 3408m target 3500m awaiting testing Jul 2024 Toresai structure

3A Best:- 1347 sq Km contract area under the Total E+P owned Dunga field (15,000 BOPDS) up for sale

West Shalva area:- 25sq Km in the Zhetybay Steppe oil producing region Mangyshlak, Exploration licence until 2029 $15m to be paid in 3 tranches, owned by CS energy, CS Energy is wholly owned by Altynbek Bolatzhan. In 2008 a 3D seismic survey was undertaken on the contract area, which identified the West Shalva structure. In June 2022 oil was detected spilling to the surface. The West Shalva prospect has potential reservoirs of Jurassic and Triassic age

Wsh-4:- Drilled 1977 depth 3500m oil detected at 1033m 3 other intervals not tested, well outside the Triassic shale West Shalva structure.

New well :- 3200 m well planned for Q3 2024

Additional fields:-

Nsanovskoye Field:- TBC

Tolkyn Field:- TBC

Saztobe Field:- TBC

Tasym and Bekbolat Field:- TBC

Other:-

Trading licence:- Caspian Sunrise holds a coveted oil trading licence under the new rules introduced in 2023. Under this heading we purchase crude oil and fund its refining, selling the resultant oil products to third parties. Casp[ian Sunrise adopted a relatively low risk approach to oil trading having formed a 70:30 partnership with an established trader with ourselves being the larger party and with our 30% partner providing the required funding.

I think time for a quick update if there are any new posters on here.......

Caspian Sunrise Summary.

BNG:- 1561 sq Km contact area, 40 Km from Tengiz (Nearology)

MJF:- Cretaceous/Jurasic independent 4 way dip enclosed structure Shallows Export licence to 2043

141:- Spud 2015 depth 2500m Sidetrack commence Dec 2023 27m of stuck pipe

142:- Spud 2015 depth 2500m Dec 2023 new sidetrack, 3 intervals, 1 now flowing at 160 BOPDs

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 Workover failed Feb 2024

146:- Spud 2017 depth 2750m

150:- Spud 2019, 1st infill well, up to 500 BOPDs

151:- Spud 2020, 3rd infill well, to be re-drilled horizontal

152:- New well planned as a horizontal drill

153:- Spud 2020 depth 2503m Workover in prog was producing 830 BOPDs 8.5mm choke

154:- Spud 2021 depth 2548m, up to 645 BOPDs

155:- TD reached, oil detected over 22m length, perforated 16m, flowing at 900 – 1000 bopd

South Yelemes:- Cretaceous/Jurasic fault and dip bounded Shallows Full production/export licence to 2046

54:- Soviet sub economic 30BOPD workover Q1 2024 2000m targeting Dolomite interval

805:- 160 BOPDs, 2222m targeting Dolomite, Sidetracked 2200m-2300m Jul 2024 flowing at 250BOPDs with 806

806:- Targeting Dolomite Sidetracked 2200m-2300m Jul 2024

807:- Workover Q1 2024 2000m targeting Dolomite

808:- Spud 2017 3200m 6 intervals potential new structure, drilled to 3070m, inconclusive testing, high water saturation, 2 shallow intervals of interest not yet tested

815:- Spud Jul 2024, TD 1900m expected to take 2 months, targeting Dolomite interval at 240m 12/7/24

Yelemes Deeps:- Upper Devonian/Lower Permian 36sqKm Salt layer typically 3000m – 3500m

801:- Sinopec drill, spuded Dec 2014 Drilled to 4950m/5050m? Jul 2015, abandoned not commercial Jul 2024

802:- Spud 2022, stuck pipe, work halted Total depth 4200m flowed at 700-900 bopd 100m earlier than expected looking for partners

803:- Spud Dec 2023, Primary target 3950m, secondary 4200m oil detected over 60m 3360m-3420m, above salt layer testing underway of 15m

804:- New well planned

Airshagyl deeps:- Upper Devonian/Lower Permian 58sqKm Salt layer typically 3700m – 4000m

A1:- Maps only

A2:- No mention on any maps (Possibly old Soviet era well)

A3:- Maps only

A4:- Maps only

A5:- Stuck pipe removal partially successful , 63m interval flowed at 3800 Bopd 19mm choke for 15 days Dec 2017, flowed at 1500 Bopd 12mm choke Feb 2019 for 40 days. New sidetrack from 3769m to 4405m required rig now removed Jul 2024

A6- Drilled 2015 to 4516m Chemical treatment required Jul 2024

A7- Paused at 2150m to be continued to 5300m Q1 2024 interval of interest at 4000m G70 rig required

A8- 3 oil bearing intervals, now abandoned

A9 New well planned to find perimeter of Airshagyl TD 5300m targeting Jurassic prospect

A10 New well planned

I wasnt 8-))

8-))

42p

Trading licence:- Caspian Sunrise holds a coveted oil trading licence under the new rules introduced in 2023. Under this heading we purchase crude oil and fund its refining, selling the resultant oil products to third parties. Casp[ian Sunrise adopted a relatively low risk approach to oil trading having formed a 70:30 partnership with an established trader with ourselves being the larger party and with our 30% partner providing the required funding.

Thats huge

Yep, the Trading Licence we own is so valuable, its understandable that some LTHs are "Doom and gloom" however CASP has turned a corner with soooooo many things going on, Block 8 info, anyone got anything else to add? Block 8 Deeps:- 2823sq Km contract area, 3 identified structures, cost $60m from future production at $5 per barrel waiting for licence, owned by Procyon investments (Member of the Oraziman family) The Block 8 licence was previously owned by LG International the Korean conglomerate, who in 2006 started to acquire 3D seismic data over approximately 456 sq km

P-1:- Drilled 2016 Depth 4203m, P1+P2 Combined 110 BOPDs did flow up to 800 BOPDs, Sholkara structure

P-2:- Drilled 2019 Depth 3449m Sholkara structure

AKD-4:- Reached target depth 3922m awaiting testing Jul 2024 Akkuduk structure

T-2D:- Reached 3408m target 3500m awaiting testing Jul 2024 Toresai structure

Good afternoon Phil, its a tad quieter on here today., its all looking very promising for CASP in the very near future, the one to keep an eye on is Block 8, its certainly under peoples radar, CASP have 100% found oil in the 2 new wells, they have told us as much, saying we are waiting for the licence to be formalised before we put them on test, how much more of a hint do we need than that 8-))

Current Situation:

Large Holder Activity: There is currently significant holder pressure on Caspian Sunrise's stock due to the actions of a larger holder. This has resulted in an decreased volume of shares being bought/sold on the market, which can temporarily do nothing to the stock price.

Recent Stock Performance: The stock is currently trading at around 4.5- 5.24 GBX, which may not fully reflect the company's positive operational and financial developments. We will wait and see

0.845g/t out of the "Best" trenches ........ all that time, effort and money for less than 1 Troy ounce, concentrate on the mine please

Robbie agree with you there, the waste tips are waste, its not even 3g per tonne, how can GF give grades when they have already started the refining process .... more GF BS

So there it is for everyone to read in the RNS, they dug out 36.20 Tonnes to produce 9.583 Tonnes of fines then refined into 30.6 Grams of Gold ............ 36.2 Tonnes in-situ mass into 30.6 Grams