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AIM oil co. producing! (CSH)     

dexter01 - 26 Jan 2005 11:47

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

soul traders - 09 May 2006 11:49 - 177 of 178

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

soul traders - 09 May 2006 12:27 - 178 of 178

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.
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