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

Other wells already in production are producing between them 120 bbl/day - not counting two that had been taken offline for production enhancement measures at the time of reporting (Feb 16th 2006).

So one could estimate a minimum of 250 bbl/day going forward.

The Exec Chairman's comments about Zhengeldy hint that more similar wells could be on the way in the future as 103 was the first to be drilled on the dry salt lake which covers more than half of the licence area.

And may be increased: >> On other matters, the Company continues to wait for Kazak Government approval on its Zhengeldy licence extension. << (From RNS "New Well Drilling Campaign Commences" 10th Feb 2006).

Any thoughts, anybody?

Due to release their new bpd production figures next week, should be double that last stated, the market will react accordingly

The Master, what would you say - 250 bbl/day, or even more?

According to press release of 4 November 2005, Caspian is targeting production of 450 - 510 bbl/day from 11 wells (lncluding the current 5-well drilling project).

It's interesting to see that they are going for multiple-level/multi-perforation to make the best of the fact that the oil is concealed within very thin, overlapping strata.

According to the article we can expect to see two more wells drilled on the dry salt lake site, which was so prolific in the case of well 103.