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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

wilbs - 28 Jan 2005 13:15 - 39 of 178

dexter,
I was happy with my profit from cop. I thought the market would of reacted in a positive way to the news, imho it was good for cop. The sp had an early mark up with trades going through before 8am & the price went upto 60p, I thought here we go, then it went the other way. I hung on a bit then decided to get out, glad I did. I like the sound of vog. It could be another cop in the terms of the sp going up? What are your views?
KMR will come good IMHO but prob over a longer period that I expected as they are not going to start production of the titanium until the final quarter of 2006!! Its a bit too long for me as I dont like to hold on for too long. I learned from pet. I have heard that they maybe a poss takeover target. If I see a profit I will take it. I had a look at MOP will hang on and see what happens there.
Back to csh, do you know of what the next poss news from them will be? An update on their current well or news on the others that they will start drilling? It is prob on the other side but I get fedup reading all them posts.

wilbs

dexter01 - 28 Jan 2005 13:27 - 40 of 178

wilbs,
have you looked at their websitehttp://www.victoriaoilandgas.com
dexter

wilbs - 28 Jan 2005 13:43 - 41 of 178

dexter,
I have looked at the website, quite informative. I want to buy but will hang on. I just topped up csh with another 5k shares, I couldnt help myself!!!
wilbs

dexter01 - 28 Jan 2005 13:48 - 42 of 178

wilbs,
I asked on the other side re;news timescale , the from answer, from alvin123, is below.
Dexter
ps. i see GOO is on a run
dexter01 - 28 Jan'05 - 13:24 - 2127 of 2128

could be very soon on the next wells they are drilling but
i would expect in the next 4 weeks or before..

where waiting on wells, news results march, new facality`s
will be finished by may, in 4-6 weeks ther`ll be taking the
oil out of the ground when the temprature rises and whilst
this is all happening and more to speak the expantion on the field
is imminent because they can turn wells around so quick within
3-4 weeks it certainly wont take them long to drill the pants out
of that 1.5 sq kilometers of field and i do also believe that
1.5 sq kilometers is not that big if they want to increse the
field 20 fold..

this then can only lead me to the asumption that the drilling programme
on all the wells are to batter this field,what i mean to say all
these wells they are drilling now are all targeted for autmn 2005

and i believe they will have no where else left to drill after these
wells are complete,hence they are negotiating the fields i do know
this also this is also a proven part of the area aswell

hope this helps..





wilbs - 28 Jan 2005 14:00 - 43 of 178

dexter,
thanks for that. I just had a quick look over the other side & this was the last post.

news could come at anytime, especially regarding the expansion. but as they are still waiting for the weather to warm up, i think it could be april/may before we get the updates on flow rates. by this time they will also have drilled another 3 wells and 50p will be a distant memory.

whats going on with goo? I looked at them a while back but left them on the back burner. Its like playing enie meanie miny mo(think that how its spelt) with all these oil stocks.

wilbs

dexter01 - 28 Jan 2005 14:52 - 44 of 178

wilbs,
christ knows what it is with GOO, i did think it was about due for a run but getting the timing right,well it beats me!!. I think it`s probably too late to get in on this run.......says he as it doubles!!. GOO doesseem to have gone up on relatively low vol., it could be the mm`s second guessing which one to hike after the drop of COP this morning, once again it looks like they`ve made a killing!!
dexter

wilbs - 28 Jan 2005 15:03 - 45 of 178

dexter,
I just looked on the other side and from what I can understand there may be news of their jungle block or they have plans to develop a petrochemical plant in Northern Peru, so a fund raising may be on the cards.
I am tempted.
Oh what to do!!!
wilbs

dexter01 - 28 Jan 2005 15:11 - 46 of 178

CSH. comdirect
max buy 25k
max sell 75k
@ 3.15pm

stockbunny - 28 Jan 2005 15:14 - 47 of 178

Ok it looks like the prospects are good but I have a question
if anyone can answer it for me..

If you pop a chart up for the last few years or an 'all-data' chart
on this company it shows a hefty share price, a real landslide and
then the price at the levels it is at now.......question is
Was it listed before and de-listed and came back on AIM in Nov?

dexter01 - 28 Jan 2005 15:19 - 48 of 178

stockbunny,
I put an all data chart on ft.com and it only shows from Oct. 04, can you paste your chart?. If that is the case, does it matter?, surely we have to look at it now .
Dexter

wilbs - 28 Jan 2005 15:20 - 49 of 178

Ive just jumped into goo. Only bought 18,443 @ 6.43p. Only having a small punt. You never know.
wilbs

dexter01 - 28 Jan 2005 15:23 - 50 of 178

wilbs,
Have a look at AST, mm`s just dropped the sp 1p (18.18%) on nil vol., might be trying to entice some buying.Good luck with GOO.
Dexter

wilbs - 28 Jan 2005 15:30 - 51 of 178

Cheers dexter,
Im runing out of funds today! I will look as AST. Hope goo will come good, done a bit of research and the jungle block.
wilbs

dexter01 - 28 Jan 2005 15:37 - 52 of 178

stockbunny,
CSH was the epic for Collins Stewart, they are not connected.
Dexter

stockbunny - 28 Jan 2005 15:38 - 53 of 178

graph.php?showVolume=true&startDate=28%2

stockbunny - 28 Jan 2005 15:39 - 54 of 178

If that is the case I suggest you speak to AM as this chart
looks pretty horrible on face value - as you can see it is coming up
as Caspian.

wilbs - 28 Jan 2005 15:40 - 55 of 178

dexter,
I had a quick scout on the other side and apparently ast are hard to trade, hence no volume. The shares were suspended last year pending an announcment. The highest they have been is 8p. I will give that one a miss I think.
wilbs

dexter01 - 28 Jan 2005 16:14 - 56 of 178

stockbunny,
I think that chart must be wrong,read the following, it should clear it up.When i put in for an all data chart on the other side it onlt gives from Oct/Nov 2004.

Dexter

Caspian Holdings Plc (Caspian or the Company), the shallow field oil and gas exploration and production company focused on Kazakhstan, announces its intention to float on AIM in early November 2004. Hoodless Brennan & Partners plc is acting as broker and Grant Thornton Corporate Finance is acting as nominated adviser for the Placing in which Caspian has raised just over 4m, at 23p giving the Company a market cap of approximately 18.9m.
Caspian was incorporated in May 2003 for the purpose pursuing oil and gas developments around the Caspian Sea and most specifically Kazakhstan. Caspians entry was through the acquisition of Taraz LLP (Taraz), an operating company that owns the licences, leases and other assets that comprise the Zhengeldy oil field in Kazakhstan. Caspian currently holds 70% of Taraz and has entered into contracts to acquire the remaining 30%. The Zhengeldy field has reserves of 13.2m bbls: proved reserves of 9.8m bbls and probable reserves of 3.3m bbls.
The strategy of the Company is to focus on the shallow oil fields that offer the benefits of lower exploration and development costs, shorter lead times to production and higher returns on funds invested than are possible from deeper oil deposits. Caspian acquired its share in February 2004 and initial production began in September 2004. The Zhengeldy field is being developed to support full commercial operations and the Company expects to achieve over 1400 bbls/day from its five wells. A further ten wells are planned for 2005, which is expected to bring targeted production to 4300 bbls/day.
The Zhengeldy oil fields are located just 18km from Makat, the central gathering and oil treatment stations for the international transit pipeline. In the short term, oil will be trucked to Makat for initial processing and storage, before entry into the pipeline.
A proportion of the funds raised will be used to increase production at Zhengeldy and pursue other shallow field development in Kazakhstan and the area around the Caspian Sea.
Caspians management team has extensive experience of oil exploration and development, as well as project management and resource financing. Executive Chairman Michael Masterman is currently President of Northsun Italia SpA and was previously with Anaconda Nickel, as Executive Director, where he gained substantial experience in negotiation and capital raising. Dietmar Greil, Chief Operating Officer, has over 20 years experience in oilfield engineering and spent 15 years operating in the former USSR. He is a specialist reservoir engineer and has been head of reservoir management at both Statoil and Chevron. Mr Greil, through a private company Roscor International was one of the first entrants into the Soviet Union Oil and Gas industry in the early 1990s.
The Board is supported by two non-executive directors, UK-based Michael Garland brings 10 years experience in the oil and gas industries, with Star Energy and Tullow Oil and Malcolm James with over 15 years resource sector experience who is also non-executive director of Eureka Mining plc.
The Caspian team also benefits from having retained the services of the Taraz Chief Executive Officer, Igor Borissov, and the Taraz Technical Director, Bolat Akhmetov. They bring substantial experience of operating in Kazakhstan as well as drilling and exploration experience.
Michael Masterman, Executive Chairman of Caspian, comments, Our team has been delighted with the speed at which we have brought our initial wells into production and we firmly believe we have a development model that can bring similarly quick returns from other assets in the Zhengeldy field.
The Placing will provide us with the additional capital we require to press ahead with our strategy and the AIM listing will allow other investors to share in our already proven success.
Kazakhstan is rich in natural resources, including oil and gas. It is rapidly growing in stature as an oil-producing region, with significant reserves both on- and off-shore. The government is actively encouraging foreign investment with political and monetary reforms.
~ Ends ~

For further information, please contact:

Caspian Holdings Plc Hoodless Brennan Parkgreen Communications
Michael Masterman Bill Sharp Justine Howarth / Ana Ribeiro
T: +447791288381 T: +44 (0) 20 7510 8560 +44 (0)20 7493 3713

Caspian Holdings plc - Directors
Name Role
Michael George Masterman (Executive Chairman)
Dietmar Greil (Chief Operating Officer)
Michael Victor Garland (Non Executive Director)
Malcolm Raymond Scott James (Non Executive Director)





wilbs - 28 Jan 2005 16:20 - 57 of 178

Have a look on the comdirect website and it will show you the real chart. Money am have got it wrong!!
wilbs

stockbunny - 28 Jan 2005 16:21 - 58 of 178

Thing is Dexter if people on this board read this thread they
are likely to put up a chart on THIS site not ADVFN - so if
it's wrong - that chart coming up on this site - it's worth pointing
it out - but I'll leave it with you.
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