Member Info for smasher

Thanks coffee
I was unaware that only 7 mtrs was being run to produce 1500bopd and makes sence to do what you said and open it up slowly.
How do they actually prevent the the rest from flowing as I find that very interesting. Does that mean the rest needs to be cleaned as they open each part up.

Haha knowing Caspian it will be in 2 weeks.
While the flow is good it's the fact the have company have found a solution to getting them to flow and we all know what that opens up especially with the 3 other deeps that just need this treatment.

The fact people have got a huge heads up before news next week and it's in black and white you'd think every man and he's dog would be piling in.
Especially on news like that.
Sure it wasn't you with that buy mate .

And a very profitable year at that.

Yes but it will be made official next week , if they have found the solution to the deeps then what a fabulous year this company is heading into.

This is it ,our first deep on test and fingers crossed A8 to flow very soon.
Bring it on I say.

Nice one
Hope you get better soon mate.

Over 500 thousand shares traded today and with 1.88 billion in issue and nearly 3% down .
Talk about Aim being corrupt or what and would love the market explain how they've come to that figure on them trades.
Truly a cesspit with 80 percent of investor's losing money and you can absolutely see why. The FCA do hardly anything about it and I wonder why .

Is it not part of his responsibilities to make sure information given by the company abide by the rules laid down.
Well 150 should have been reported within 3 days to the market and not over 3 weeks later .
He has no drive whatsoever because if he did he would have told the company they cant do that and it been going on for years with information.
Let's put it this way, I bet if Clive stepped down and a new CEO came in the share price would rise.
At the end of the day someone has to take the responsibility and he's at the top table.

If you know something to be wrong then don't you question or challenge that so it can be put right so it won't happen again.

Agree, he's got zero drive whatsoever and it shows.

Missed deadlines is acceptable in the oil and gas sector and very common but the rest I agree fizzy .

Clive has no drive whatsoever and comes across as not being bothered about the company.
He should be telling them that they need to inform the market and shareholders within the timeframe laid out by the market and not doing so is not just against the rules but erode trust in the company .
He must know this but doesn't act on it And it been going on for a long time.

Communication from the company needs a lot of improving that's for sure. Personally think Clive needs a kick up the backside as giving information of well 150 has started drilling 3 plus weeks after the event is poor Communications to it's investors and the market especially as you say its market sensitive news.

Haha true.

I think it will be going on test within a week or so and if not will still run it as drilling mud is clearing while they sort more effective acid treatment. Surly BH would have done analysis of these Wells and taken the fact that rock and drilling mud has been one of the problems .

Well it's heading towards half a million in the bank before even going on test.
Could we have the first of the deeps going on test any day now and make no mistake about it it's huge for the company and it's investor's alike. The market will know they can tap the large quantities of oil from the deeps whilst also knowing 3 other deeps are drilled and ready to have the acid treatment on them.
And of course the many mjf infill wells this year , so one can only say bring it on.

And yet for everything you have just said you reinvested in here . Hmmm what more can one say hey.

can't say you weren't warned, time and time and time and time again about this useless gang running poxi! guess i've be stuck in hear for another year or two waiting for the long journey back up to 12p.

Hmmm for a investor to not take he's own advice says everything i need to know about you.

A deep put on test is what everyone wishes to see and A5 is almost there which could be followed within a few weeks or month having another one or more completed and on test.
That is what the market is looking at, to find the solution and ability to produce from the deeps which off course will bring in tens of millions of pounds in profit. Very relaxed about what's coming this year .

If we get say 150 million recovery that's worth around 4.2 billion after taxes. Not to be sniffed at hey.

The deeps could be worth billions of pounds to Caspian depending on what's in the ground and they are saying there's large quantities at that depth (100 to 150 mtrs and up to 58k long and that's without knowing what we have below that.
Agree with coffee
Bring it on.

And fingers crossed not long to get the acid correct for the other 3 deeps. This is what the market needs to see the deeps flowing. Caspian being a bit more cautious before put them them on test and we can understand why.
Very much game on once our first deep is on test. A huge amount of oil at that depth and we may have just found the correct combination to getting our hands it. Market is waiting like the rest of us.