Member Info for smasher

Tengiz took years to flow the first well.. but yes this is taking far to long to sort 3 deeps out. One and a half years for A5 that was flowing at 3800 bopd and nothing since. Just don't give a sh.. about shareholders whatsoever.

Will soon find out.

Well soon to find out just what the well can produce. Could be more than 1100 bopd could be less. What's a few days for news. No matter what it looks extremely good news for the company and will certainly push them forward. Roughly 25 million per year with 2 weeks down time for maintenance. Local taxes to come off that as well . You can understand why the company is over the moon and looking forward to the next sidetrack.

Let's hope then that A8 is the catalyst to get it going. We need something to get this moving and A8 would certainly do that if they find oil at lower depths . Only a few months to find out and just hope they don't stuff this one up.
I'm just hoping they get one of the other deeps
flowing before A8 just so we can say to market they have found the answer to the deeps after years of trying.
Great finds by all over the last week or 2 and the understanding of what the info is about.
If this is just a fraction of what is down the road this would go absolutely mental.

Why has A5 taken so long to sort out ( 16 months) with the potential of 3800 bopd.

Not money as men at the top are super rich.
Not info as they have the very best drilling teams around them.
Could of side tracked in a few months to sort it out but didn't.
Awaiting gear from other drills is absolutely rubbish as they could order most gear and have on site pretty quickly.
Could have just kept it flowing at around a 1000 bopd making nearly 10 million but they didn't or keeping it flowing till they are ready to work on it.
Just what the .... have they found that they are prepared to lose this money . Licence or permits I don't think so .
The well flowed at 3800 bopd for god sake 16 months later nothing.
Come on chaps just what is holding back A5 from hitting the headlines.

A8 Should be at base of salt layer now. Roughly 33 metre's a day so should be getting interesting from that Point. Let's hope they find a sh.. load of oil that they can this time get out without to many problems .
I'd be happy if they pull 2 to 3 thousand a day from it especially after the the 3 deeps.
Fingers crossed all is going well and a update next week on the deeps. Is A5 clear or very close to being so or more work needed . Anything to get us back on track would be nice .

We will buy the very latest running and rowing machines to keep our new CEO In check. Out with the pies in with the salads. I believe if we offer Mo the chance to cook a couple of burgers when they flare of the gas on each successful well it could very well swing it for us. How could he refuse an outstanding offer like that.

Mo is the one we need to put in as CEO of this company. He's exceptional at his research he also responds to investors. multilingual and can do manual work when asked to do so.
I believe we should put him forward to replace Clive as soon as he has completed the garden duties.
Good income if you look at how big Clive is but we will throw in a bonus of a running machine if you start putting a few pounds on.
The chance of a lifetime Mo .

Nearly 18.7 million taking in nearly 3 weeks down time for maintenance on our shallows and spilt 80/ 20. Every little helps so Let's hope it drops in soon.

I say sack Clive and replace him with MO.

So from what we can all deduce is nobody knows till we get news if it's OK or not. The one thing is it shouldn't take them long to find out if damaged or not.

Just reading up on vuggy formations now, f... me talk about extremely complicated stuff or what .
Going to take sometime to get my head around it that's for sure. Thank you both.

I was reading a few months ago that tengiz most productive zones are between 5 and ten mtrs long.
Back to reading up a bit more and thanks again.

The problem is ,was the original blockage where they have been drilling to clear the metal obstruction and there is a good chance it was as they have drilled over 100 mtrs past it. They had around a metre plus bit of metal to clear.

No expert but it should take to long to repair or replace sections that are damaged. If it was still blocked why didn't they just continue down to full depth if the rest was partially blocked. To me it reads it's clear but poss needs some repair.
I would be more than happy with that.

Just over a week to go if they want to put it on test by end of month. Let's hope they have some luck for once and it's OK.

1533 bopd and soon at international prices on mjf representing nearly 20 million profit without the deeps.A5 flowing at rates they have stated and it's nearly 50 million profit and with another 2 deeps to clear and one drilling as we speak. Haven't got long to wait I hope . That's with the 20/80 split and down time for maintenance taken in .
Nice to get 2 deeps flowing this year and start of the infill. More than happy to get that especially after the last few years..

Very hard to say what this could go to as international prices will make this jump and just one deep flowing like A5 at around it 3800 with that at local gives close to 50 million profit and you still have another 3 deeps to go and international on them.
You would like to think if they can get all 4 flowing you have to say 50p plus or A8 hits the big one and bets are off. Getting ever closer .

Well fingers crossed we get some luck on A5 and all is ok so we just could get one on flow end March beginning of April .
Well this is casp so let's say a month or more.

I'm sure your ready and waiting to snap some up at that price .

The market is waiting like us to see if Caspian can crack the deeps. Even they know the potential is huge for the Company there's no doubting that. The market is pants at the moment and cash is king for a bargain like this and I'm ready if they wish to drop it near 5.

Yes Sinopec can have it for £1 a share if all four deeps flow and infill.