Caspian Energy: Aral Petroleum Capital Appoint Zhaik Zhexembayev as General Director
Caspian Energy Inc. is pleased to announce the appointment of Zhaik Zhexembayev as the new General Director of Caspian’s wholly-owned subsidiary, Aral Petroleum Capital LLP (“Aral” or “the Company”), effective immediately. The appointment of Mr. Zhexembayev, which remains subject to approval by the NEX, follows the resignation of Erbolat Kulumbetov, …
Aral Petroleum Capital LLP: Has Positive Test Results and Starts Limited Production To Generate Positive Operational Cash Flows
Caspian Energy Inc. announces today that its wholly-owned subsidiary, Aral Petroleum Capital LLP (“Aral”), has produced positive results after completing a period of test production on two existing wells at its East Zhagabulak field in Aktobe Oblast, Kazakhstan. After approximately 10 months of inactivity, Aral operating staff performed basic geological …