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Mr Cautious! You better believe mob friend. Last time he was also right . The price doubled that same day. (No joke!)
6P SOON
Before 31-12-2020 the CASP Price will be 6 P... fasten your seatbelts
MY KAZAKI FRIEND TOLD ME
BNG (HERMES/IRCHAGL)
215 million barrels
AMOUNT OF RESOURCE EXPLORATION AND DISCOVERY POTENTIAL AMOUNT OF RESOURCES
(RISKED MOST LIKELY PROSPECTIVE AND CONTINGENT RESOURCES )
Exploration/development pilot production
30
Best Estimate Prospective Resources:
more than 500 million barrels
7 Leads: 400 million barrels
BNG (Hermes/Irchagl)
First discovered in 1979
Location: 40km southeast of the large-scale Tengiz oil field
Total area: 1,702 ? (2.8 times the area of ??Seoul)
Exploration strata: Jurassic
BNG (HERMES REGIONAL RESERVES)
45 million barrels
OK + ESTIMATE + YES (P10)
Exploration/development pilot production
Confirmed (P90): 18.1 million barrels
Confirmation + Estimation (P50): 29.3 million barrels
ABOUT
The ultimate goal of overseas resource investment is
In 2007, when the fever of overseas resource investment blew up, we decided to invest in Kazakhstan's oil field located in Central Asia. The ultimate goal is to create active R&D and future growth engines with investment proceeds.
Since then, when the global economy fell into a crisis due to the subprime mortgage crisis, the economy slumped due to falling oil prices.
An independent block assessment agency (Gaffney Cline and Associates) has assessed that the BNG block has significant potential, which is confirmed one by one through successful drilling and increased production.
The BNG block is located 40km southeast of Kazakhstan's Tengiz oil field (one of the largest recently discovered oilfields discovered in 1979) and covers an area of ??1,702 square kilometers. It is 92% of the area of ??Jeju Island, and 3D acoustic wave surveys have already been completed for more than 80% of the mine area.
It is divided into a shallow burial floor and a deep burial floor. The MJF rescue area and the South Hermes area, which play a pivotal role in the production of crude oil, are developed as shallow wells, and the Airschagl area has three deep wells already drilled.
Currently, approximately 3,300 barrels of crude oil are produced per day only in the Cheonbu oil well area, and when the remaining two deep oil wells, including A5, which succeeded in flow test in October 2017, are operated normally, production is expected to increase significantly. It is planned for the point of conversion to commercial production in July 2018, at which time crude oil can be sold at export prices rather than domestic demand.
The operation of the block is managed by British-listed company Caspian Sunrise (CASP), and gradual achievements are announced through public announcement. Based on the contents of the disclosure, we are updating the status of the mining area through the distribution of our website and press releases.
CASPIAN SUNRISE (CASP), the dead stock is 50% UP. CASP just woke up!