Caspian Sunrise: Updates on BNG Well Operations – New Technologies Being Deployed
The Board of Caspian Sunrise is pleased to provide an operational update on progress across the structures already identified at the BNG Contract Area. Deep Wells A5 The Board is pleased to report success in milling away the 2.6-meter metallic obstruction in Well A5 at a depth of 3,887 meters, …
Caspian Sunrise: MJF Structure Moves to Production License
The Board is delighted to announce receipt of the much anticipated MJF license upgrade. Accordingly, the majority of oil produced from the MJF structure on the BNG Contract Area may now be sold by reference to international rather than domestic prices. Background Under the licencing system in Kazakhstan, oil produced …
Caspian Sunrise: MJF Licence Update
The Board of Caspian Sunrise is pleased to provide the following operational update at its flagship BNG asset. The board of Caspian Sunrise are pleased to confirm that the signed protocol from the Ministry of Energy has been received. The protocol is the final major hurdle in achieving full export …
Caspian Sunrise: Deep Well A8 – Interval Extends Further than Previously Detected
The Board of Caspian Sunrise is pleased to provide the following operational update at its flagship BNG asset. Deep Wells Deep Well A8 On 7 June 2019, we announced the interval of interest extends 110 meters from a depth of 4,346 meters. Since that date we have drilled to a …
Caspian Sunrise: BNG Operational Update
Deep Well A8 The Company is pleased to provide an operational update on drilling at Deep Well A8 on the Airshagyl structure at its flagship BNG asset. As previously announced, we decided to take a further 18-meter sample core sample at a depth of 4,440 meters. We are pleased to …
Caspian Sunrise: BNG Operational Update and May 2019 Production Report
The Company is pleased to provide an operational update at its flagship BNG asset. Deep Wells Deep Well A5 After further evaluation of the remedial options open to us we have concluded that a side-track from below the salt layer is preferable, at this stage, to a side-track commencing above …
Caspian Sunrise: Third Core Contains Same Signs of Secondary Porosity and Oil Staining, Drilling to Continue
The Company is pleased to announce that an initial evaluation of the third core sample taken from Deep Well A8 shows it to contain the same signs of secondary porosity and oil staining as with the first two samples. The third core sample was 18 meters in length, starting at …
Caspian Sunrise: First Two Core Samples Show Visible Secondary Porosity and Oil Staining, Third Core Under Retrival
The Company is pleased to announce that work has commenced to take a third core sample taken from Deep Well A8 on the Airshagyl structure at its flagship BNG Contract Area. Background Deep Well A8 was spudded in November 2018, with a target Total Depth of 5,300 meters and with …
Caspian Sunrise: Third Airshagyl Well Contains Oil – Potential To Extend Over 58km2 of the Stucture
The Board of Caspian Sunrise is pleased to update shareholders with developments at its flagship BNG Contract Area. Deep Wells A8 Deep Well A8 was spudded on November 2018 with a target Total Depth of 5,300 meters. Drilling has now reached a depth of 4,391 meters, which is beyond the …
Caspian Sunrise PLC: BNG Operational Update
The Board of Caspian Sunrise are pleased to update shareholders with developments at its flagship BNG Contract Area. Shallow wells Production from our shallow wells for March 2019, was in aggregate 44,566 or 1,658 bopd (February 2019 42,913 barrels or 1,533 bopd), with oil sold at an average price of …