Caspian Sunrise: Proposed Sale of the BNG Shallow Structures for $83 Million
The Board of Caspian Sunrise is pleased to announce it has entered into an agreement to grant exclusivity to Absolute Resources LLP (“Absolute Resources“) a Kazakh registered company, in connection with the proposed conditional sale of the MJF and South Yelemes structures at the BNG Contract Area for a consideration …
Caspian Sunrise: Strategic, Financial, Operational and Shareholding Update
The Board of Caspian Sunrise is pleased to provide the following strategic, financial and operational update together with details of new shares to be issued and a reorganisation of the shareholding of the Oraziman family. Shareholders are also directed to the responses to shareholder questions, which will be posted later …
Caspian Sunrise: Q1 Weather Slows Progress, BNG Price Per Barrel to Double in Q3
Caspian Sunrise the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with news at the BNG Contract Area of progress at its Deep and Shallow Wells. Deep Wells As previously reported we got off to a slow start in January and …
Caspian Sunrise: Happy to Receive 6 Year Appraisal License for BNG
Caspian Sunrise PLC (AIM:CASP) (“Caspian Sunrise”), the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with news of the extension of its licence at its flagship BNG Contract Area. BNG licence renewal Caspian Sunrise has a 99% interest in the BNG …
Caspian Sunrise: BNG Contact Area Shallow and Deep Wells on Course
Caspian Sunrise PLC (formerly Roxi Petroleum plc) (“Caspian Sunrise”), the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with news from its BNG Contract Area. Background Caspian Sunrise has a 99% interest in the BNG Contract Area, which is located in …
Caspian Sunrise: BNG to Move to Production Contract, MJF Structure Production Covering Operating Costs
Caspian Sunrise PLC, the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with news from its 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 …
Caspian Sunrise: Completes Baverstock Gmbh Merger
Caspian Sunrise, the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to announce the completion of the merger with Baverstock GmbH, (“Baverstock”). The final condition of the merger was satisfied this morning being the admittance to trading on AIM of the 651,436,544 merger shares (“Baverstock …
Roxi Petroleum: MJF Structure Has Potential High Value, Deep Well A6 Needs Re-Perforation
Roxi, the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with news from its BNG Contract Area and MJF Structure. Background Roxi has a 58.41% interest in the BNG Contract Area, which is located in the west of Kazakhstan 40 kilometers …
Roxi Petroleum: Deep Well A6 – Gross Oil-Bearing Intervals Totalling 127m Have Been Identified
Roxi is pleased to update the market with news of Deep Well A6 and Shallow well 142. Background Roxi has a 58.41% 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, covering …
Roxi Petroleum: Success of Well 141 Indicates Good Potential for the MJF Structure
Roxi, the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with news of its BNG operations and MJF Structure. Introduction Roxi is pleased to update the market with news of its initial testing at Shallow Well 141 and the preparatory work …