I think it`s about time CSH had a thread, an AIM oil co. that is producing oil and quality stuff at that. These are vastly under-valued, market cap. 30 mill., they are going up on news NOT hype. check them out.
Dexter

The price is moving now. Perhaps good news on the way.

Last drilling update said oil production from 5 wells [08/06/2005],hope much improvedflow of oil now.

SP[offer] up to 29,spread is 5, agood sign.

Is this hot news or what, up 60 per cent, a 120 metre oil colunn,sounds like chingetti,was it 2 or 3 oil columns discovered,great news ,any one there,or are you all shell-shocked.

Not shell-shocked, MB. Just pleased to see this head back to a fraction of what most of us paid! It will need support to stay (or improve) at this level. Do you have a sustainable short term sp target? We've heard good news in the past only for it to track back shortly afterwards!

Short term target of 60p if there is an RNS about the extension area before AGM.

Otherwise 45p.

........................and medium term & long term forecasts, Ariesr?

I recall back in Jan that EOY forecast by some folk was reckoned at about 1.40

But that was before the drop to early 20s and all sorts of rumours started.

I'd go for EOY at 1 at the most, you just never know what will happen in the oil secotr and what CSH may encounter as it keeps on exploring.

We havent even got the extension yet!

Anyone drilling and flowing oil can come up with abig hit , not like hyped up chancers who drill and find waterin a one off money collection type scam, csh are really trying,good luck to all.

Anyone drilling and flowing oil can come up with abig hit , not like hyped up chancers who drill and find waterin a one off money collection type scam, csh are really trying,good luck to all.

Anyone drilling and flowing oil can come up with abig hit , not like hyped up chancers who drill and find waterin a one off money collection type scam, csh are really trying,good luck to all.

See csh article on www.oilbarrel.com dated 11/07/2005.

See csh article on www.oilbarrel.com dated 11/07/2005.

Surely 50 odd barrels a day does not warrant 2 & 1/2 p on the sp today? (106 goes into production)

Bloody rubbish.

Whats is going on with this Company?

wilbs???????

http://www.moneyam.com/action/news/showArticle?id=913786

From oilbarrel.com yesterday


29.08.2005
Caspian Holdings Confirms Successful Oil Production From The Triassic On Its Licence In Kazakhstan
It may only be 50 barrels a day but it is an important 50 barrels. As we keep on saying at oilbarrel.com everything is relevant in the oil business and what is significant for BP is not germane to what a minnow does. Caspian Holdings has reported that Well 106 on its Zhengeldy licence in Kazakhstan has started commercial production from the Triassic level; oil in Well 106 is currently flowing at a rate of 32 barrels per day on a small choke valve. Based on technical work of Schlumberger Caspian Region, Caspian Holdings expect the flow rate to increase to approximately 50 barrels a day during the September quarter. This, in its way, is a fundamental step forward for Caspian.

Caspian joined Londons Alternative Investment market (AIM) in November 2004, raising 4.43 million. Over the first year of its operatorship of the Zhengeldy licence Caspian gained 100 per cent of the licence - where there has been known output of oil - in March 2005 when it acquired the final 30 per cent of the former owner Taraz LLP. The focus has been on bringing on production from the Jurassic and Triassic reserves, with relatively modest amounts from lots of wells. In the first half of 2005 output has been from the shallower Jurassic and Neocomian in the north of the licence. The field has been producing between 130 and 150 barrels of oil per day from five wells: Wells 113, 114, 112 and 111 produce from the Jurassic zone and Well 107 from the Neocomian.

This was considered good as far as it went but meant the group was a little behind with its goal of producing 1,000 barrels of oil a day by end 2005. Chief executive Michael Masterman has always thought that the Triassic could give a big boost to reserves and output. By June 2005 results from the Triassic had been mixed. An old well, Well 5, was reactivated in June 2004 but later had to be shut down due to water influx from the higher levels due to poor cementation. Well 123 was dry, while Well 155 encountered 15 metres of oil pay but didnt perform as expected.

However, the bulk of the Triassic reserves lie beneath a salt lake to the west of the main Zhengeldy field. Bad weather meant the company could not have a crack at them until June this year.

When it did, Well 106 found the Triassic zone from 713 metres to 717.5 metres had a net pay of 4.5 metres and a porosity of 21 per cent. The Neocomian from 237 metres had a net pay of 8 metres and a porosity of 33.5 per cent. This is a previously unidentified zone, which the company anticipates will be a strong producer based on their high oil saturation and good porosities shown in the well logs.

The Jurassic zone form 285 metres to 405 metres covers a gross pay of 20 metres. Initial log evaluation indicates low oil saturation and the company does not expect Jurassic production from this level. It does say, however, the massive size of the Jurassic level opens up significant exploration opportunities.

After testing, production is now flowing from Well 106 from the Triassic level. The point here is that Well 106 is the first well in which the company has employed a technologically enhanced approach to logging cementation and perforation and this has yielded results and insights into the reservoir structure. The main Triassic reserves are held in carbonates rather than sands - previous wells had been classified as too tight when in fact it now appears good flow rates can be achieved from this carbonate.

Accordingly, in partnership with Schlumberger Caspian Region, the company will be re-cementing and logging five previously drilled wells. This is on track for completion by the end of September. Mr Masterman appears to be getting the boost to overall production he anticipated from the Triassic level, and he has achieved scope for identifying additional production levels.

Okay it's the end of Sept ..... No it's early Oct ..... anymore yields likely anyone? any predictions?

Be patient, there is plenty of oil in the Caspian area, the sp will reflect this by the end of the year. Most of the stock is held by directors/institutions and they are not selling, when news comes these shares move fast.

Any one has any idea why this share has started to move up again?

Caspian is falling like a brick...no sign of recovery yet

bsp on the rise