Member Info for KumKuat

Edit, 153 .

News this week or later this month as per Carvers non RNS guidance.

TT

Evening Tucson,

Nobody knows what the true situation is but 154 if positive would’ve been released. Maybe issues that need resolution are the reason but we’ll know soon enough.

Higher tax revenues , I haven’t looked into it but it could be workovers building production ? don’t believe it’s forward selling as they are/have cleared oil trader debt which generates higher revenues from the export/domestic split. Personally, that’s where I believe the additional revenues are coming from.

DM,

Sunday Times and crude to $95. Very likely to have a go at $90 as Opec+ are not listening to demands from the US to increase production. Opec are going to control the increases as agreed, 400k bopd in December and will max out on the higher prices. China, India stockpiled when oil was cheap but now it’s time they felt a little pain as demand increases.

News is due on several fronts. Advanced negotiations on the CE, that’s says to me that they’re just about to sign, 153 is overdue and A8 situation too. Cmon Clivey boy, let’s be havin you :)

DM,

No change in sentiment. Just stating the facts as I see them. I want the sp to rocket but I’ll always call it as I see it regardless of my holding. 153 is delayed and you can state that they don’t have to release news, I believe they do as it’s material. Why wouldn’t they want to release good news a la 154. That’s not a deramp, that’s a fact. I’ve already stated that I believe sp would retrace to early 3s worst case if news was poor and not softened by a barge contract or good news on A8. I’ve written the Carlsberg RNS, that’s what I want to see but this is Casper and when Carver withholds news, that’s not good news in my book and as always, hoping to be proved wrong.

Lots of news to report on and hopefully most, if not all is positive.

TT

Let’s hope you boys are correct . Regardless, there are loads of activities on the go and odds are in our favour. Blockbuster ? yes please .

No deramps from me, just saying it as I see it Not trading it so minimal movements not for me as you know. We all make money from here but the magnitude of that remains to be seen. Get ride of. Sever, that would be a good start. Let the news do the talking from here ??

CC,

MJF 153 is material, very material. $14m pa and more importantly, a proof statement that horizontal drilling is likely to work on all wells.

Let’s see if you’re right re 153 flowing, I’m not buying it.

Tucson,

I could give you the rampathon version, it’s 600bopd+ but they’d have announced it, i can’t see any reason why they wouldn’t, can you ? Maybe they’ve had issues and they’re re-drilling it ?

Crude heading back to $83 and great revenue for Casper, long may it continue.

Tucson,

Only on the basis that 154 was announced as a great success independently and surely they’d do the same with 153 if positive. Obviously want to be wrong but if it was good news we’d know about it.

To add, market is heavily bid @ 1m on the bed @ 3.92/3.88p dependant on parcel size. Ask is 4.09p up to 150k max. MM's would like some stock ? news next week not the mid to end month as per grapevine ?

Lets hope that the next RNS is blockbuster material as they will be in a position to update on all activity. Maybe this is the plan, a monthly update on all activities but as we know, if 153 was great news, they'd have issued it separately as per the recent 154.

Oil revenues had moved to a 66:34 split (Int/Domestic) in H1 and as communicated, the payment of all oil debt to local traders should mean that the majority could be sold as export. Is that 70:30 or is there the opportunity to export more to drive higher revenues ? Higher export %s, higher domestic and higher crude = a very healthy H2 2021 for Caspian. Profitable and able to accelerate operational activities but as always, it doesn't guarantee success . It won't be damp squibs on all activities and i'm hoping that SY and barge are positive as a minimum as that will give a big jolt to the sp. A8, who knows but hopefully we will all know in the coming days, weeks.

We make money from here, the magnitude of that calculation depends on the quality of news and by god are we overdue some real quality.

TT

Thanks for the info Adrianz. I didn't think it was going to be easy, begs the question, are you a Kaz national ? I have exported to Kaz this year and know Kaz nationals but it sounds like hard work.

I will agree that it's definitely a buy and has been for a while. At 1.5p ? definitely a punt knowing what we know now but they'd have kept it going unless Covid had continued with anger, most businesses would've been a punt in that situation.

The market pricing has hardly changed over the last week or so. Bid was @ c 4.01 for 300k and 3.955p as of now for 400k and the ask has weakened.

Adrianz, are you able to share the source of the tax revenues ? you can PM me on ADVFN if you don't want to publicise.

So if Clive communication is correct, another week without news so let's hope it really is worth waiting for .

TT.

Leave you guys for a few days and it all goes to pot ! Left it for a week and i must have slipped down into the Rampers relegation zone .

On Graduation duty this week and my youngest milking bank of Dad or BOD as it's known ! Really hard for kids over the last couple of years and hats off to them for achieving in a crisis. Spoiled the University experience for many and still expected to pay all the fees but don't get me on that one !!

The share price has retraced as there hasn't been the timely news as expected. Also if you add in the rumour mill/grapevine re investors talking or communicating with Carver and alleged mid to late month news and not a good vibe as communicated by one poster on ADVFN. All of the above is disappointing and even more disappointing if Carver is communicating timelines as in my book, that's material. I have never found Casper to be a leaky ship re news content as if it was, i and others would be creating shoite for the company.

The strategic, financial, operational RNS on 6/8 was very positive, this followed by the Interims on 6/9, yet again positive with the CE close to a charter deal, and a weird RNS on 13th October which confirmed 154 maintaining 600bopd and A8, another interval and drilling ahead for the time being, 153 drilled and to be tested.

23 days on and we are waiting an update that should've been published over a week ago. They have material info to release, that's a fact but why haven't they released it ? 153 should have a result but they've chosen not to disclose, A8 is probably at TD or close to it, they were in advanced talks on CE as communicated on 6/9, 2 months on and no news ?

Personally, i remain very bullish on Casper but i do get agitated by their expectation setting and delivery of news to timelines. We are in a far stronger place today, production up, crude up, more cash generation and more activity but the key ingredient is significant success that has alluded them to date.

I'm not expecting great things from A8 or the deeps but as always, hoping that A8 is different and they can commercialise it. The shallows are developing but still need to get a couple more horizontal successes to realise the potential 6-8k bopd they communicated in 2017.

Loads of news to come, good, bad or indifferent, at 4p a share, this is still a raving buy. 153 could be a duffer, A8 could be also but the shallows alone more than underpin sp and the operational schedule is packed and i still believe odds in our favour.

Try to be pragmatic and keep feet firmly on the ground as you can never count chickens with Casper, history has taught us that.

C'mon Carver, get the news out , it's overdue !!

November 2021, is this the month where Casper starts its real journey to great things. Soooo many disappointments and false dawns, is the the pivotal time which defines our future. Roxi renamed Caspian Sunrise for a reason and hopefully this is really the time ? Never been so many activities on the go that could materially affect the share price dramatically. Chart poised for its next move, let’s hope that Clive doesn’t need to refer to the book of Carverspeak for inspiration and investors don’t need to go into detective mode !!

Cmon Clive, no more c*ck ups, time for a blockbuster :)

I don't believe that they reach TD. His last statement 'drilling on for the time being' didn't really fill me with joy. Seems like they haven't found what they were expecting to find at the depth achieved (5046m) and decided to go on a little further just in case ? The 4th interval was identified between 4840 and 5046m and 90m i total thus far across 4 zones. They know it's 90m over a depth of 546m drilled but what depth did the 4th zone get intersected as that's key. If it was @ 5000m say, 46m of the 90m total maybe in interval 4 and they're drilling on in a continuous zone ? I think that is very unlikely but only time will tell. The commentary did get a little more positive from the Interims update ie 'returning to assess potential intervals to 4 new oil bearing intervals have been identified' in the last update. Learning to translate Carverspeak, the challenge to a Caspian investor !!

My money is on halted drilling before TD because they've hit snags or haven't found what they want BUT very happy to find out that they've drilled into baby Tengiz :)

Very odd market and true trading range is 4.01-4.11 and 350k max sell, 400k buy. Those large trades are at high prices 4.15 and 4.20 ? maybe sells in the background or the rollover trade ? Market should've moved on those chunks so must be sells not reported.

Yep and a few nervous Nellies letting a few go as 153 news is obviously delayed, or are they wise Wallies ? We've had the Carlsberg RNS details and we know what the converse version can look like. Poor 153 damages confidence as it should be a slam dunk following 154 but we all know that nothing is 100%, if it was , everybody would jumping onboard.

The last RNS was an odd one with 153 as they'd completed drilling and were testing, for how long at the time of the RNS ? who knows. Maybe there were issues and they needed time, who knows they could've drilled another side track in the time they've had or they're just waiting to get a consistent flow rate. Carver's comment in last RNS - 'We continue to make the progress we expected with the horizontal wells' would suggest that they didn't know that there were issues with 153 or not tested or its successful as the statement would support that or he could be just confirming that the drill had ben completed successfully prior to testing, take your pick.

Poor 153 and back to the early 3s before a hard bounce back above on anticipation of a barge sale/SY, positive A8 update and any other snippets. Not without risk as always but that's why we're here as the rewards are there to see, just need some positive commentary next week.

Or Antarctica even :)

Boaty Mc on the news RRS David Attenborough on the news re setting off for virgin Arctic expedition . Maybe our Boaty deal has been done ? Cmon Carver, get on with it !

Fantastic or forgetful. I’d much prefer the news early next week but regardless, it has to be positive. 153 update is dragging and they’ve almost had 3 weeks as they had started testing at the time of the last RNS. As always, we wait to see the outcome and we are fortunate that there are more than one material snippet in the offing. Pivotal time to continue the sp reversal and got that we need the right flavour.

TT.