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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Caspian Sunrise Plc | LSE:CASP | London | Ordinary Share | GB00B1W0VW36 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.35 | 3.30 | 3.40 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Oil And Gas Field Expl Svcs | 42.95M | 9.76M | 0.0043 | 7.79 | 75.39M |
TIDMCASP
RNS Number : 5291X
Caspian Sunrise plc
27 November 2017
Caspian Sunrise PLC
("Caspian Sunrise" or the "Company")
BNG Operational Update
Introduction
Caspian Sunrise the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with news of progress its Deep Well A5 at its flagship BNG Contract Area.
Background
Caspian Sunrise has a 99% interest in the BNG Contract Area, which is located in the west of Kazakhstan, 40 kilometers southeast of Tengiz on the edge of the Mangistau Oblast.
Deep Well A5
Caspian Sunrise is pleased to announce that the independent 90-day flow test at Deep Well A5 commenced over the weekend.
We plan to make regular updates announcements as the test progresses.
Clive Carver, Executive Chairman, Caspian Sunrise comments:
"We look forward to providing the market with periodic updates from the independent assessment now started at Deep Well A5"
Caspian Sunrise PLC Clive Carver Executive Chairman +7 727 375 0202 WH Ireland, Nominated Adviser & Broker James Joyce Jessica Cave James Sinclair-Ford +44 (0) 207 220 1666 Yellow Jersey PR Tim Thompson +44 (0) 203 735 8825
Qualified Person
Mr. Nurlybek Ospanov, Caspian Sunrise PLC's Chief Geologist / Technical Director who is a member of the Society of Petroleum Engineers ("SPE"), has reviewed and approved the technical disclosures in this announcement.
This announcement has been posted to:
www.caspiansunrise.com/investors
The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
UPDUNRARBAAAUUA
(END) Dow Jones Newswires
November 27, 2017 02:00 ET (07:00 GMT)
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