Member Info for smasher

Let the sp drop as Caspian certainly don't give a .... about it . Around 11 days from now it will be 2 months on from us hitting 4520 mtrs .We have had casing and cement job done over 6 weeks ago and we don't even know if the cement job is good . Then one investor looks at the website and finds they have suspended the drill and making a decision on whether to flow test from this interval or carry on to 5200 mtrs.
They have had no problems up to this casing point so all gone well so why have Sinopec and Caspian taken so long on this decision.
Sinopec is one of the world leaders in deep drilling and have found a huge amount of oil on this drill. Maybe they have said that this interval found could produce anything from 2000 to around 7000bopd so why go deeper at this point and risk it. .
Rns would be nice to let us know what the plan is with A8 . Deeper or flow test but make the decision and we move on.

We was all ready 6 weeks ago for Caspian to continue drilling but now they are questioning if to carry on or not. Obviously the risk is greater the deeper you go but they knew this so I don't believe it's that for one minute and the drill has gone well up to this point.
The more I think about it the more I agree with coffee about getting the deeps to flow from this interval then next year take a look at the deeper interval. Why take the risk when we have drilled to this point and all looking good to flow it bringing in much needed funds .
Let's hope the decision is made very soon and they crack on with it.
Very frustrating for all here but let's hope for a good Rns.

So over 6 weeks and they can't make a decision on A8. It isn't rocket science you either go deeper or start work to flow test this interval. Very very poor by them and just something else to slow the process down . Hope not but a drop could come tomorrow.
Get a f...ing deep flowing Caspian it's beyond a joke now with the bloody excuses that seem to just roll out from you.
What is it 6 years of stringing your investor's along on the deeps and you now say you haven't made a decision after 6 weeks on A8 .
Sorry to say but the investor's that went to the AGM have got it badly wrong as they gave you what you wanted to hear. No Caspain I'm afraid hasn't changed one bit

Is this going to be something special and you've got to believe it is as why stop from drilling down from this point to 5000 plus mtrs.
I think Mo said it was taking longer than expected to do the casing and cement job and it's been another 4 weeks since they done that. Could we be about to have the first deep go on test .

If that is what they are doing it must be something very good they have found to not go deeper .
I would be very happy if good flow rates come of this. Plus proves to the market they have cracked the deeps. We will see

Help pay a huge chunk of her mortgage off . If you remember I also brought some shares for her as well mate. Don't want to see her struggle like I have . You have been in this game many years so you understand you can lose the money far quicker than making it which I have done a few times but this time I've done very well a banked it never to be invested but to be enjoyed in retirement with my family. It's what we play this game for mate.

Like yourself mate I've had a fantastic 7 months and most of the profit was put in here . You have been doing the same by all accounts and it has worked very well for us .
Up front and honest I will sell around 400 thousand at between 17 and 20p to help my daughter as for the rest I will play it as I see it

Get in cheaper, I average 5.34 and hold well over a million shares and been here nearly 4 years.
No I will buy no more shares here. 4 years of building a good position here from working my portfolio . We need money that's a fact unless you want to be here another 4 years and I certainly don't want that .

How about some f...ing news on the deeps as a few more days and it's been a month since the casing and cement job was done. Raise some money and get this moving.

So if everything is on track it will be end of September for A6 / 801 / A5 / and A8 if it's drilling again.
That's one hell of a few months coming up for us to have the potential of 4 deeps on flow test . Would be over the moon to just have one or two before Christmas.
Lost revenue of close to 20 million if they had keep A5 flowing at 1000 bopd and concentrated on the other deeps. I'll let them off if they get a couple flow over the next few months.

Beginning to think A8 is a no go for deeper, not saying it's bad as they could have exceptional flow rates at 4500 mtrs. Just strange that 3 weeks have past and no news on that cement job.

I would certainly not complain if they issued shares in a fund raise at all.
The reason being damn obvious to alot here.

What's going on 6 bloody weeks since Caspian said they was going to run the casing then cement it. Nearly 3 weeks have gone by since testing the cement job so are they carrying on with A8 or not .
A5 drilling or not yet and 801 and A6 started the process yet with this new technology or not .
Slowing all this down to me for sure. Excuse after excuse all the time on the deeps like A8 and the cement job . .........Nothing has changed with Caspian..... butter them up for agm then we are ok for a while.
Get the f...ing deeps flowing as your an embarrassment to the oil industry.

Been thinking along the same lines as it doesn't take this long to check a cement job but this is casp so expect anything. Wouldn't be to disappointed as long as A8 flows at a good rate .

Well if they have got these 4 deeps flowing and by God they will have had enough time to that's for sure and poss cpr or 2 I'm going for between 35 and 50p as you could be looking at 15 thousand plus bopd which is well over 100 million after taxes.

If something big is about to happen it goes to market first. Pleased they have opened up a bit more towards investors .

You got to think the assessment on the cement job at A8 is now completed and they have started drilling again . Personally I think they have been drilling for at least a week if not more .
Just wondering what will happen if all deeps flow before Christmas as looking at what they say in the last rns they could very well be as A8/ A5 will be around the same time and 801 / A6 could be before or just after if this new technology works and if not they still plan to get then done before Christmas. We could be looking at 15000 plus bopd within the next few months and that would really show the market we have cracked the deeps . Well over 100 million after taxes and before the 70/30 international/ local split. Put a couple of CPR to that and bingo .

I hope will be that A8 is on the move and all is ok plus A5 sidetrack has started.
A6 and 801 is what it is so just got to wait and see if that technology works on the wells but looks if we have some luck we could get 2 maybe 3 deeps going on test before October/ November.

We get around 544 million after taxes , lifting storage and transport from mjf on the potential of what Mo worked out so very happy with that.
Got to agree that A8 is very much worth this wait before continuing another half mile as I don't want to see another deep having problems especially knowing they could have another big find below 5000 mtrs.
We talk about the possibility of a billion recoverable barrels here but even 200 million barrels recoverable is worth to Caspian 5.25 billion on that split of 70/30 so I'm personally more than happy for Caspian to take it's time on this drill with the poss of having more oil and also higher rates of production from the well ( down the road at that depth they get between 5000 to over 8000 bopd ) so as you say game on .

Am I correct in thinking mjf is worth around 600 million after tax on what Mo has put up on potential recoverable rates. If that's about right then imagine what the deeps àre going to be .