Caspian Sunrise PLC: Directors Dealings and Salary & Fee Sacrifices
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: Deep Well 801 – 121m of Aggregate Potential Intervals
As previously announced our plan to bring Deep Well 801 into production was by drilling a side track of between 450 – 500 meters from a starting depth of 4,501 meters. Having identified potential oil bearing (net-pay) intervals covering in aggregate 121 meters so far during the drilling of the …
Caspian Sunrise: It’s The Season of Giving and Sharing
Caspian Sunrise (formerly Roxi Petroleum plc), the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with the following changes in the shareholdings of the Company. Introduction Caspian Sunrise announces that Kuat Oraziman, its CEO and largest shareholder, has agreed to gift …
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 …
Caspian Sunrise: Baverstock Merger Completion Imminent
Further to the RNS dated 27 February 2017, Caspian Sunrise plc (formerly Roxi Petroleum plc), the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with news of receipt of the final material consent required to implement the Baverstock Merger. Background Caspian …
Caspian Sunrise: Formerly Roxi Petroleum – Wells 808 and A6 at Key Testing Stage
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 of Shallow Well 808 and Deep Well A6 from its BNG Contract Area and of the Baverstock Merger. Background Caspian Sunrise …
Roxi Petroleum: Proposes Eragon Assets Merger
Roxi, the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to announce that it will shortly be posting to Shareholders a Circular regarding a proposed merger in respect of the Company’s Eragon Assets. The Circular also provides details regarding the proposed Conversion of the outstanding …