Member Info for smasher

Wonder if 801 will almost double the original rate. Exciting or what knowing what's about to hit us over the next few months. Absolute game changer if they pull the deeps off and we are about to find out. Due to retire in a few years so this would boost my pot by 12.5 percent if it hits 21.3 p and any more will bring retirement forward so well worth a shot for me.

At last, thank you sir as I was just trying to get my head around it. You can look at vids all day long but to put it all together is a totally different ball game. .
Unless you are in the industry it's extremely complicated to understand the terminology and mechanics not just about drill the well but everything that goes with it.

I'm starting to get why companies like Caspian take many many years to get a field to production. Quite astonishing how lot of these companies have major issues before finally achieving their goal and that's if the company is lucky enough to have struck oil.

Looking forward to the next few months here and fingers crossed some fabulous news on the deeps to start the ball rolling.

Does the mud still need to be used once they have lined and cemented it in place if so then I understand why it could possibly still be at 801.

At Deep Well A5 work continues to prepare the mobilised rig to remove the pipe from the well and thereby clear the obstruction, which resulted in a suspension of the 90-day flow test towards the end of 2017. We expect to commence operations in the near future once the drilling mud in use at Deep Well 801 becomes available.

That news was only just over 4 weeks ago, so what I'm saying is surely to God the mud is now at 801 and the rig is ready. Lot of money having a rig doing nothing.
Just my opinion .

Wondering if A5 is being worked on as surly the mud from 801 is at A5 by now. Anyone think they will do A5 as well and put them both out in one rns as it wouldn't take that long to clear A5 if taking pipes out . Now that would be outstanding and certainly catch a few off guard . Exciting times here.

That's exactly what I'm on about mate yet no news . It's not a case of being worried it's a case of keeping your investor's informed, nobody can tell me nothing has happened over the last 4 weeks on what is going to be this company's greatest news yet and one that should push the company forward. What is wrong with having an update every 2 to 3 weeks . Being positive or negative towards caspian has nothing to do with it .

FK........ You have well over a million shares here so I'm very surprised at your remarks as that's a lot of money tied up in Caspian and I would want as much info as possible to support my investment . Plus the market clearly wants to be updated more in this respect.

So in reality we just don't know when news is coming as could be tomorrow could be a month and for all we know A5 is being done as we speak. Personally I'm thinking they have had to wait for the high pressure testing gear for 801 as with A5 and I know that sounds stupid but this is Caspian sunrise after all. If that is correct then as FK said the mud is at A5 . What I don't get is if 801 is flowing they must tell the market within I think 3 days and not if it has been flowing a few weeks and is now ready for flow testing. I understand why a company could hold back info but why would they if such good news .

Regular news Caspian is what your shareholders deserve and not having to second guess what's going on at such an important point in the company's development. We do not ask for news everyday but an update every few weeks would certainly help us understand what's happening on the ground and would certainly put you in a better position with the market. .

Knowing Caspian they are waiting for high pressure testing gear for 801. Surely they must know by now what 801 flows at as it's been nearly 3 and a half weeks since cementing and liner in. Come on Casp give us some news on what's happening.

Come on Casp drop some news tomorrow and not the type that needs to be flushed down the toilet.

Wouldn't want to be out of this overnight. 801 news any day me thinks.

I guess we will soon find out but surely if they have a partial blockage with the oil being reduced to around a 1000 bopd then the pressure will drop off but I'm no expert. Any like you say 801 first with (fingers crossed ) some fantastic news and put on flow test then on to A5 .

You would like to think 801 is flowing by now after 2 weeks .....and after running and cementing a 5-inch liner to the full depth of the side-track, to test the well. News any day on 801 to start the ball rolling on the deeps quickly followed by a5 and a6.. And to round it off a few weeks away from international prices. Then a reserve update. Bit surprised this isn't up more but never mind I only have to wait a few days ( fingers crossed) for it all to kick off. �

Anything over 2000 bopd from 801 will be fantastic news for the company . Sorry I have another question for the more experienced oil investor's and that is we will be having a reserve's update in the coming months on the deeps and shallows but what is the time frame to do such a job as this . Thanks.

Just a quick question.... will they go after multiple zones at 801 or just one. Off to work so thanks in advance.

Come on casp blow them cobwebs away and show the market you mean business. Your investors have been loyal to the company so now's the time to repay them with some good news over the next few weeks and months. 3 deeps and the shallows to infill plus a month away from $40 plus a barrel so lots of big news coming in a short spaceo of time

Caspian must now know what roughly 801 flow rates must be if you go by A5 news and just wondering if the high pressure testing equipment will be needed. It flowed at 2000 bopd originally like a5 so anything above that is a massive bonus for us . �

5 years of delays yes and work in progress but here's the potential of the back of that 29 years or 49 years of substantial profit. Most oil companies take years to get to production from the initial find . Long old game I'm afraid but if you get your investment right the profits can be staggering to say the least. Casp have a very important few weeks and months coming up and if they get it right you would like to think they have cracked the deeps . Delays delays delays mean f all if the end result is what you invested here for . What a game we all play in this market hey.

Doom and gloom or what hey, we are days away from getting potential great news from 801 and a 90 day flow test. A5 turned out to flow at 3800 bopd from originally 2000 bopd so looking forward to seeing just what 801 has the potential to do . If you can't get excited about these 3 wells poss coming online over the next month or so it's time to give up as these will open this company right up . I took a look a breakdown of a 4500 metre drill in Canada and was gobsmacked at the cost of mud and chemicals needed on an average drill of that depth which was roughly $360,000 or around 5% of total drilling costs. Crazy or what.

If you don't pay your workforce bonuses why do you take one it's as If you saying they don't deserve one after all the hard work they have done but I do for such a crap performance this year. Just take a big big look at the share price it kinda tells you how well you have done.

P poor performance this year and he is rewarded it's a bloody disgrace, what reward did the rest of the workforce get . Getting a bonus while 13 plus thousand will have lost jobs. He is getting even richer while the rest of us just about can pay the bills a put food on the table. This guy is on roughly �5500 A day 365 a year. The earns in one week yes one week what most of us earn in a year . And he has the bloody nerve to suggest that ournew pensions deal is good for us all. No it's not but it is for you hey as you cut jobs and save money and hey ho look I've saved the company a fortune and a nice big bonus for me. Rich get richer and I think most people now have had enough of it as millions upon millions struggle while they take the lot . I hit my target but get f..all he hits his target and gets over a million, I don't call that fair at all . You will never get the best out of a workforce with only the top table get the rewards.