Caspian Sunrise: News Alert
BNG success at Deep Well A5 The Board of Caspian Sunrise is pleased to update the market with progress at Deep Well A5, on the Airshagyl structure at the from the Company’s flagship BNG Contract Area. Deep Well A5 As previously announced the side-track from a depth of 3,796 meters …
Caspian Sunrise: BNG Operational Update & November Production Numbers
The Board of Caspian Sunrise is pleased to provide an operational update from the Company’s flagship BNG Contract Area, together with November 2019 production numbers. Deep Wells Deep Well A5 As previously announced the side-track from a depth of 3,796 meters successfully reached a depth of 4,044 meters without incident, …
Caspian Sunrise PLC: Operational Update
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 …
Caspian Sunrise PLC: Operational Update Incorporating BNG Monthly Production Numbers
The Board of Caspian Sunrise is pleased to announce an increase in its monthly production numbers and to provide an update on the operations at its flagship asset BNG. October production numbers The Board is pleased to report another increase in monthly production, principally due to the result of the …
Caspian Sunrise: Workover Boosts Production Numbers, Two Thirds Sold on World Oil Prices
The Board of Caspian Sunrise are pleased to announce significantly improved production and revenue numbers for September 2019, from the shallow wells at its flagship BNG Contract Area. Oil produced in September 2019, was 40,826 barrels (36,530 barrels in August 2019) at the rate of 1,361 bopd (1,178 bopd in …
Caspian Sunrise: Sidetracking and Well Service Ops Progressing Well, Well Pads Under Construction
BNG Operational Update Deep Well 8 Deep Well A8 is the third deep well drilled on the Airshagyl structure and the fourth deep well in total on the BNG Contract Area. Previous announcements referred to the existence of a 159 meter carbonate interval, of which 52.5 meters is of porous …
Caspian Sunrise: Interim Results for the Period Ended 30 June 2019
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. The information contained within this announcement is deemed by the Company to constitute inside information under Market Abuse …
Caspian Sunrise: Purchase of Equipment and the Issue of Shares
The Board of Caspian Sunrise is pleased to announce the purchase of drilling equipment, including four rigs, for an aggregate consideration of $7 million, to be satisfied by the issue of 58,333,333 new ordinary shares (“Consideration Shares”) representing 3.2 per cent. of the Company’s existing share capital at an issue price …
Caspian Sunrise: Signs Export Sales Agreement, Wells being Prepped for Stimulation
The Board of Caspian Sunrise is pleased to provide an operational update at its flagship BNG Contract Area. First export licence sales from MJF We are pleased to confirm that a contract has been signed with an international oil trading group for the first 29,000 barrels of oil to be …
Caspian Sunrise: July Production Dip Expected Due to Postponement of Remedial Work
The Board of Caspian Sunrise is pleased to update the market with production numbers for July 2019. Monthly production numbers The Board also announces that for the month of July 2019 total production from BNG was 39,034 barrels (May 38,571 barrels) and that the daily average production was 1,259 barrels …