Member Info for KumKuat

News tomorrow ? Tremendous or terrible , let’s hope it’s the former .

Forgot to add, the IP is a great document as to potential and great as a refresher as to the opportunity especially the geography, field sitings etc. Kaz is an oil rich state, Caspian have found oil in all the deeps drilled to date and the real riches from commercialising them. Must add that the document is absolute fiction/Carverspeak as to expectation setting v delivery to date. I'll give them some leeway with regards to Covid but 2018/2019 were poor years for Casper based on that Investor Presentation !!

Your definitely in ramptastic mode today DM !

Yep there's loads on the go but the likely Q4 updates will come at 153, SY, A8, maybe 144 /146 and Caspian Explorer. No chance with A5, that'll be end Q1 as will results on the other deeps . Enough current activity on the go this quarter to affect the the sp considerably and lets hope that it's rockets not damp squibs.

Bleedin rampers everywhere !

Cmon Clive, time to give this lit what they want, hopefully Heineken not needed !!

Hopefully 153 more than 50 ! :)

Keep it up Somm....definitely No 1 on the leaderboard ...lol

Over 2 weeks testing 153 and obviously know what they have/have not so why the delay ? Poor and waiting to soften the blow with other news ? Lots to update on and are they going for a full Carlsberg announcement.

153 - 50bopd+
SY approved
Barge charter agreed $20m+
A8 - last interval found is continuous and 100m to go to TD
3AB licence agreed and spud next month
802 spud next month
Rig moving from 153 to 144
A5 - pipes on site shortly
Production maintained @ 1800 bopd.

I can also paint the poor picture but enough on the go to have a few positives at least !!
3AB license agre

Ross,

Yep, i suppose i should've caveated 'if you can afford to'.

If you are down to 7p average then that's a lot better than many i suspect and the omens are looking far better now than anytime historically and i hope you make a few quid :)

6913,

Surely the right play is to invest the same amount now and take your average down to 10.5p ish ? Always risks with stocks but you knew what they had at 17p or 25p ! and they have a lot more now. Yep we've had dilution but we own all the acreage as opposed to 54% when it was 17p and now have assets that will materially affect sp in a positive way.

Rnator.

Crude through $86 and passed the highest since 2014. $90 next stop , $100 before Xmas ? Just need some more oil :)

CC, agree that it’s payback time and crude is likely to continue it’s March northwards. Production levels way down from pre Covid levels and the winter months could see a spike above $100 but I don’t believe it will be sustainable for long.

Great for oil producing countries and companies so let’s hope our Casper gets lucky going forward. The shallows need to be accelerated to fund other ventures and to resolve the current deep conundrum. Spend the money doing it right and not on a shoestring.

At 4p, with production building and assets moving on from mothball status, the odds are now heavily in our favour. Hopefully no more disappointment and that this week compounds the recent move from the 1.5p low.

TT.

CC, that definitely takes you to No1 on the rampometer.

North of 30p, multiples of.

Tender 199838021 - Oil tanker services for oil transportation at the Elemes North-West field
Description ] Customer Lots
Tender description:
Contract amount: Start of the show: LLP "VNo STO" (BNG Ltd) announces a tender: Oil transportation services at the Elemes North-West field
334 875 000,00 K2T Get financial assistance
19.10.2021
termination: 03.11.2021
Tender No.
type:
branch: 199838021
Contest Tender analytics
Transportation, logistics, customs / Forwarding services, logistics
region: Kazakhstan / G. Almaty / Almaty
source: Available in full version

If they did prove up Airshagyl as a field covering 58km2, we won't stay independant for long. Also no charges on the BNG deeps as the $3.2m pa covers all production, that is good news.

Rhertig,

I don't think it would be long as the exploratory phase has a few years to go and they've already drilled the A5 appraisals ie A6 and A8 so i believe that they could convert to production and continue appraisals ? just need one to flow. I believe future Airshagyl wells will all be appraisals and not exploratory so can continue to drill as part of the FDP. Just need to get A8 or A5 to flow and then try and come up with remedial solutions for the others. A question worth asking Carver or Shin.

.....lol. I'm having a good day today.

Translated - Oil Tanker Services for oil transportation @ Elemes North Field - Transportation of cathode copper from the electrolysis shop of the Oxide Plant to the warehouse of finished products of LLP
«Kai M|pega1z AkGodau» (Kaz Mineoalz Aktogay)»

Markets pretty boring, 250k a side online @ c 4.14-4.25p.

Let's hope that 153 is a good well, even if production levels are 250bopd+, still good revenue but the delay is probably putting people on edge as a failure would be a confidence denter. As i said, a buy opportunity on either outcome but hopefully a gusher.

Chances of a Blockbuster with 153/SY/Barge & A8 update together or are they going to release them independently ?

Haaaa, actually 4.20p true mid.

Whilst we patiently wait for news next week. Caspian Sunrise generated $14.3m revenue in 2020 and as of today will be generating $44m based on 1800 bopd at 70:30 / $85/25. Domestic prices have probably risen but we'll find out shortly and crude is being touted at $100 by 2021 close as Winter draws in. Who really knows but if demand continues and Winter conditions are poor, maybe it's possible but never trust analyst forecasts especially Goldman Sucks.

Where could the revenues go in the next 6 months ?

Current production - 1800bopd
SY - 300 bopd
153 - 600 bopd
144/146 - 1200 bopd
A block deep well - 3000bopd+
Other shallows ?

Could easily get to 3900 bopd (1.42m pa) just from shallow production and this could build if horizontal drilling works on the MJF/SY wells. 3900 bopd generates $95m pa , probably higher in the short term and domestic prices be higher too. Add in our first deep well, let's say A8 @ 3000 bopd and turnover will jump to $170m pa. Add in an annual barge rental and our Caspian becomes a $200m pa company within 6 months, even more if 802 and other deeps come online. Doesn't include 3AB possible sale which is likely to generate significant sale revenue if the first well is successful. Who knows, Caspian may retain ownership or there could be a contract sharing negotiation as Caspian will be cash rich.

The company maker is the deep program and as soon as they get the first one, things will get VERY silly indeed. Could be a blue sky picture i'm painting ? 153 is the next step but if it is a producer a la 154 then my shallow numbers will be an under call.

All this potential for 4p !!