Caspian Sunrise PLC

Financial highlights During the period Six months ended 30 June 2021 2020 $’m $’m Revenue 10.1 5.0 Gross Profit 7.7 2.4 Operating profit / (loss) 3.9 (0.9) Profit / (loss) before tax 3.4 (1.4) Total assets 124.9 121.9 Cash & cash equivalents 0.3 0.2 Inventories & other current assets 5.6 …

Caspian Sunrise, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce the appointment of Mr. Seok Woo Shin to the board of the Company as Chief Operating Officer with immediate effect. Mr. Shin (aged 60) does not own any shares in the Company and has confirmed that there is …

The Board is pleased to update the market with news of progress at its flagship BNG Contract Area and of the acquisition of the Caspian Explorer. The Board is also pleased to announce that responses to shareholder questions received following the publication of the Group’s interim results will later today …

Highlights in period under review and subsequently Operational Production Six months ended 30 June Units 2020 2019 Total production bbls 272,707 259,475 Production for export sales bbls 115,233 – Production for domestic sales bbls 157,474 259,475 Average daily production in the period bopd 1,494 1,421 Daily production at the period …

In order to support and preserve cash for the Company’s drilling operations the Company’s directors have agreed to subscribe for a total of 8,938,570 ordinary shares in the Company (“Consideration Shares”)  in lieu of a combination of accumulated pay, deferred pay and expenses. Accordingly, the Company is pleased to announce …

Caspian Sunrise, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce its audited final results for the year ended 31 December 2019. Highlights for the year: Operational: •            Operational (wells drilled at end of year) 2019: 17 (2018: 17) •            Aggregate production for 2019 was 506,620 …

The Board of Caspian Sunrise is pleased to announce New Well 153, the second of the planned infill wells on the MJF structure, has reached its Total Depth of 2,500 meters. Background New Well 153 was spudded in mid-February 2020, and on 2 April 2020, reached its Total Depth.  Wireline …

The Board of Caspian Sunrise is pleased to update the market with developments at its BNG Contract Area, including further progress at Deep Well A5, together with the December 2019 production numbers. Deep Well A5 As previously announced, after perforation of a 63 meter interval between 4,331 meters and 4,394 …

The Board of Caspian Sunrise are pleased to provide an operational update from the Company’s flagship BNG Contract Area. Deep Wells A5 The drilling phase has been completed without incident and Baker Hughes has been contracted to undertake the cementing work. The side-track, which commenced from a depth of 3,976 …