Member Info for smasher

At the end of the day I just want to see a red dot and the words we have 1 or 2 deeps flowing and on test.

True mate so true, a lot of companies get away with it.

Information that would be likely to lead to a significant movement in the price of its AIM
securities includes but is not limited to information which is of a kind which a
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They must report it under aim rules. Just trying to find the 3 day part to it. Some rules change I think this year but I'm sure it was 3 days to report to the stock exchange.

Coffeecups absolutely but they can be fined for not boing so. Any price sensitive news.

Awax not sure how they would stand with that. But 801 flowing and on test or A5 is again flowing then in most investor's eyes and the market it is extremely price sensitive to the company and it's investors and under that it must be reported
The rules unless it has changed.

I understand what you are saying but if they have a problem with a well they must report it within 3 days and only in special circumstances can they withhold information to the market or all companies would do is report good news .
So all my thinking is that things are going well on the deeps.

This is company changing news if and I say if Caspian have cracked the deeps as it will move the company forward at pace ( hopefully) and absolutely huge profit. Fingers crossed this time mate they have achieved it.

I think a few here have said and I tend to agree that after last time and within 2 weeks have stopped the flow test that this time they will wait a while longer to make sure they have no problems. If they had a problem then I think they would have to report within the 3 day rule. Just my opinion.

Just hope Caspian come out with a Belter of an RNS that gives the market and us something to shout about.

Just to have 801 would be amazing so to have A5 as well says everything to the market that they have found the solution to bring the deeps online . We know A5 flowed at 3800 bopd and 801 at 2000 for a few hrs so anything over 2000 from 801 is another massive bonus for us all . Put them figures with the shallows and you are looking at something special. Plus A6 and new deep plus the shallows in fill then CPR to . Yes what a ride it's going to be over the next few months. Excited you bet I am especially as news could drop any day to kick the lot off.

I think people need to look at why tengiz had that drop of in pressure ( 27 wells drilled by 93 and producing 24000 bopd under old Soviet union before tco came in) . Also TCO screwed up the wells by ignoring their own field plan which dropped the Reservoir pressure by nearly half because of it. It's all there in it's history and easy to find..

I'm finding it hard to find pressure readings from wellheads before 93 due to being old Soviet union and not much to go at with only well no 8 and the famous well 37 .

Not having a go at anyone but just interested in coffeecups findings and can understand a little better where he coming from . It is incredibly complicated stuff and far beyond my understanding and only an expert in this field could help this board. Absolutely no point guessing at what stage injector wells needed as it could be 5 year could be ten years so on and so on .
Let's face it we all just want the deeps to flow first then over the years it will all be worked out..

Have a great weekend all and let's hope we get news soon.

Having drill around 60 wells on the field since 1993 with I thick 70 know working that must have a huge drop off so was the prodjects to keep the pressure sustained throughout the whole field .

801 well has a blockage and due to that the pressure dropped, of course over time well pressure drops on all wells but that is not the case here as clearly stated in rns.

The Tengiz field, first discovered in 1979, has recoverable reserves estimated at between six billion and nine billion barrels. The field was jointly developed in 1993 as a 40-year venture between Chevron Texaco (50%), KazMunaiGaz (20%), US ExxonMobil (25%) and LUKArco (5%). The joint venture company is known as TengizChevrOil (TCO). Chevron is the operator of the TCO field.

Prior to its expansion in 2008, the Tengiz oilfield had 53 wells, tapping a column of crude oil around 1.6km thick. When the field was first tapped its oil pressure was 12,000psi, but in 2004 the pressure came down to 10,000psi in most areas and 8,500psi in others. The SGI project used gas injection technology to boost the pressure and increase oil recovery, while the SGP increased the number of producers (wells) and improved and expanded the crude export infrastructure.

So 15 years later before it dropped and with 53 wells drill on it . To be honest I can't find info on a just one well.

Bring it on Casp I'm a believer( as long as you reach my goal ).

Bring it on casp I'm ready.

If it's fantastic news on the deeps say 801 and A5 flowing and on test then let them sell all they want as you know it will be a different ball game looking forward. A lot of people waiting on this news after so many years including the markets.
Only one place this is going if they have finally cracked them deeps and a real game changer for the company and it's investor's. We are not talking a few million we are talking hundreds of millions rolling in when we get 40 plus dollars a barrel.

Bring it on I say with plenty of news along the way with the shallows another deep well to sort and a new one plus cpr.
Let them sell as I think they would be snapped up . Just my opinion so let's see .
8 weeeks tomorrow so a nice red dot in the morning please Caspian to start the ball rolling towards my retirement.

Slugs haha like it, I guarantee this that if we get excellent news on the deeps they will be saying I'm so glad I got in at this and that , it's the same old same old story we have seen so many times. God if I had a pound for every time this happens just before news I wouldn't have had to invest in the first place. Grow some b....

Been waiting for news since the day after the last Rns but it is what it is , a Aim company wanting to push to the next level with the asset to do so but need the deeps to flow to achieve it. You either believe they can achieve these goals or you don't, so place you bet and cross your fingers that the next news is that they have found the correct methods to flowing the deeps. Doesn't matter if it's flowing at say 2000 bopd it's the fact they have cracked the deeps at last.

I say bring it on Caspian .

All in good time Dave all in good time. You have to understand how people are playing or have played this game up to this point.

At this rate we may as well just wait till the 90 day flow test is done on 801 and why not tell us f all about a5 and wait for that as well. This is poor from Caspian as we are talking huge company changing news yet come Tuesday it will be 8 weeks with not a sniff of what's happening.

We are not talking news on a side track or a new drill we are talking news on a flowtest and poss work on A5 so by now you would like to think they have a lot of data on this and if not then something is wrong. As an investor all I'm asking for is that everything is going fine with the test so on and so on and not kept in the dark for months on end.
Nobody hear can tell me everything is Tickety-Boo cause we just don't know . Mushrooms come to mind.

Just a nice Rns tomorrow saying flowing at 3000 plus and no problems in the first month of testing and we have now moved to A5 and started operations to remove the blockage. Not a lot to ask for.