Member Info for Divermike

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

Arrrrrr Jimmy, that weather be baaad down Kazak way these days but it be coming good soon, me hearties.

Which year? 8-))

Dohh, no I didn't George, Im still firmly entrenched in CASP, however I did grab AYM at 1p, CASP is the big one, any day now for that OPS RNS

Yeh, I'm pretty much the same, a few fingers in other pies (Doh shouldn't have said that with Clive around) 8-))

Ah Joe, yes the "Red busses" I have always thought the idea of a load of Red busses turning up at once, is the epitome of poor management, planning and execution, and for CASP to use this as some kind example to work towards .... well I think we can all make up our own minds on that one.

Good afternoon George, I hope you are keeping well, I've not heard much from you recently, as we well know Caspians "Wish" list, very rarely materialises into real life, with so many opportunities that have presented themselves CASP, maximising oil flow at the present time is taking a back seat, I can't answer why, only the BOD know that.

JimmyG A5 is due a new sidetrack this month ...... ish

And the outlook:- Outlook

Despite the impact of sanctions, the Group continues to prosper. Our focus remains maximising short-term

production and getting as many of the BNG deep wells drilled to date into commercial production.

And BNG:- BNG

Our approach to BNG

At BNG we have two proven and commercially viable shallow structures, MJF and South Yelemes, and two deep

structures, Airshagyl and Yelemes Deep, with huge potential but to date with no production.

We continue to believe that the geological conditions at the super giant fields of Kashagan and Tengiz extend to the

BNG Contract Area and then through to Block 8.

If this is the case the potential volume of oil in these deep structures could be vast and the implications on the

Company’s fortunes of one or more commercially successful deep wells could be transformational.

Indeed we have the potential to be huge, just look at the report for 802 just how big is the oil column ....Deep Well 802

In June 2022 we spudded Deep Well 802 on the Yelemes Deep structure. This was the sixth and final deep well

required under the original BNG work programme.

The well had a planned Total Depth of 5,200 meters targeting oil in the easier to drill Sandstone rather than

Carboniferous rock, with an initial target at 4,300 meters. The well was drilled close to the site of a Soviet era blowout

and our advisers provided us with the highest estimate of success for any of our BNG deep wells drilled to date.

Oil was encountered sooner than expected at a depth of approximately 3,900 meters and before the well had been

completed, leading to a decision to drill a new side-track from a depth of 2,416 meters to approximately 4,100 meters,

targeting the oil at the higher level previously encountered.

With approximately 100 meters still to be drilled the well flowed over a period of 3 days at rates fluctuating between

700 and 900 bopd.

Work at Deep Well 802 was suspended waiting on additional equipment. Accordingly, the crew at Deep Well 802

was moved to work on Shallow Well 142. The crew has now returned to Deep Well 802 and we expect to complete

our work at Deep Well 802 in Q3 2023.

Wow Varma is going, lets hope we get some one a bit younger and more dynamic

And we have dropped a pie down the bore 8-))

Now ALBA is well screwed up, the history of pollution from Gold mines on the Mawddach is legendry , the NRW are well aware of the consequences of dewatering the current mine ALBA have started exploratory work in, if they cant keep up in July and August with their allowed discharge, what chance have they got Nov-Mar, the emergency discharge they are flowing at the moment to protect the underground garden shed wont be allowed to continue for ever

Ha ha yeh, I think the last one was 1851, Payrs, the Golden mountain

Mannnnan, with that amount of gold and silver, which equates to £1.6m-£4.8m and £6.5m respectively, per annum, they are going to have to change the name of the place down on the Quayside .............. Amlwch ..... Gold and Silver Kingdom 8-))

Onejohn, you post all you like, it keeps the BB alive ............... that was meant to humour 8-))

Onejohn, you post all you like, it keeps the BB alive

$3.1m profit in the 1st 6 months of 2023 and $14m expected from CE in 2024