CASPIAN - 2005 Year of Growth - Serious Discussion Thread

enamel
so far i think they have drilled/ re worked 11 wells. at the moment, they think 6 of them will flow at 25 to 35 bpd.
they now think they can drill another 5 wells that will all produce 60bpd. im not saying they can t do that, but based on past performance, i won t hold my breath.
i personally see 500bpd as a minimum requirement for csh to survive, anything less than 100% success from here will not achieve that.
i really hope csh turn things around in 2006, but i don t like the odds.