Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.

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

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.

wilbs - 28 Jan 2005 16:27 - 59 of 178

graph.php?epic=CSH

seawallwalker - 29 Jan 2005 11:13 - 60 of 178

Errr........

CSH used to belong to another Company, Collins and Stewart Holdings PLC.

Hence the graph.

That information refers to them and not Caspian.

It was unlisted way back when, and the CSH epic was given to Caspian Holding in November when they floated.

That answers that, any previous reference to Caspian prior to floatation does not exist.

Hope that helps.

dexter01 - 30 Jan 2005 08:17 - 61 of 178

thanks for that sww.
dexter

seawallwalker - 30 Jan 2005 16:02 - 62 of 178

dexter01 - I am a recent follower, albeit not an investor, but only because I could not buy any.

I am watching this to see what occurs and will probably have some if they drop a bit more.

All the best, I usually like your posts here and elsewhere..

dexter01 - 31 Jan 2005 10:30 - 63 of 178

Morning all,
Well, another blue start!, i can only see this on a steady increase now as we are due a steady newsflow with all these new wells and increased exploration. Just work out 8-10% increase weekly until the interims in march!, not out of the question at all, and with so few shares with PI`s there is going to be a shortage of stock. Just a reminder of the share distribution:
**************************

Out of 83.84m shares.
2 Directors M Griel & M Masterman hold 23.5m.
John Kahlbetzer 7.35m
John Dieter Kahlbetzer 5.54m
Beronia Investments 7.40m
Lauri Macri 5.8m
Rab Capital ? 1.7%
Hoodless ? 1.77%
Gartmore Inst clients ? 1.97%
Arci Pty ltd 3.73m 4.45%

That equals about 57.5m shares held by directors and institutions plus 2m by the Consultants = 59m roughly so 24.5m amongst private investors

*******************************
For any newcomers who have`nt seen the prospects, see below.

NEWS 21st January 2005
Commercial Oil Discovered in first 3 post IPO Wells

Further to the announcement on 29 November 2004, Caspian Holdings Plc (AIM:
CSH), the oil and gas exploration and development company which focuses on
Kazakhstan and the Caspian sea, has successfully drilled and brought into
production the first three wells in a seven well programme.

Each of the new wells - 114, 112 and 111 and the previously drilled 113
discovered and confirmed commercial oil reserves in the Jurassic level. Key
results are set out below:

Well 113 (pre IPO)
* Depth 630 metres
* Completed Aug 04
* Oil pay 13 meters
* 3 Levels: 308-302 m, 347-344 m, 271-267 m
Well 114
* Depth 600 metres
* Completed Nov 04
* Oil pay 9 meters
* 2 Levels: 348-354 m, 271-274 m
Well 112
* Depth 400 metres
* Completed Dec 04
* Oil pay 16 meters
* 2 Levels: 229-233m, 299-311 m
Well 111
* Depth 400 metres
* Completed Jan 05
* Oil pay 13 meters
* 4 Levels: 211-212 m, 219-220 m, 225-233 m, 303-306 m

RNS 26 January 2005 CASPIAN HOLDINGS PLC

Confirms high quality oil production at Zhengeldy and commences Export Facility Construction. The company has also commenced construction of its processing and export storage facility at the "Makatmunaigas", a division of national oil and gas company KazMunaiGas at the Eastern Makat 30km from Zhengeldy field.






dexter01 - 31 Jan 2005 10:57 - 64 of 178

Just seen this on another bb: apparently not from caspian, but another co. in the area.
Dexter

transportation infrastructure. Management believes that the Company is
strategically well placed to serve its existing markets, and that the proposed
pipeline linking Kazakhstan with China, announced in May 2004 will, if
completed, provide improved access from Kazakhstan to the potential Chinese
market.

The Caspian Basin has one of the world's largest hydrocarbon reserves. The
extraction, production and transportation of oil and gas are a significant part
of the Kazakh economy. Kazakhstan has explored reserves of approximately 28
billion barrels of oil and condensate. Kazakhstan is not a member of OPEC.


dexter01 - 31 Jan 2005 11:02 - 65 of 178

This is a follow on from the above, although the name is spelt wrong,



Kashagan will be second largest in the world. The field is so big that new pipelines will be required to deliver the oil to western markets. A neighbouring onshore field is producing 271,000 barrels a day, making it the fifth largest in the world. This oil is feeding into existing pipelines running to the Black Sea port of Novorossiisk from where it is exported in tankers.

this is where were working could be the secon largest in the world
wuth a neighbouring fild already pumping out 271,000bpd

question..
would we be able to use other peoples pipelines??
for a fee ofcourse..

this can only suggest there is a heck of alot of oil here..

Register now or login to post to this thread.