Caspian O&G: Name Change to Equus Minning Ltd and Pulls out of the Kyrgyz Republic
With the majority of the Kyrgyz oil and gas exploration permits set to expire without prospect of renewal, Caspian sold its oil licence owning subsidiaries for a total of US$800,000 in late September 2012. The sale of the oil interests followed extensive but unsuccessful farm-out efforts which were hampered by …
Caspian Oil and Gas:Looking to Exit Kyrgyzstan
Perth-based exploration company Caspian Oil & Gas Limited reports its activities for the March 2012 quarter. Mailisu III # 6 has been re-entered and the stuck perforation guns were removed in April. The well is currently being tested and while oil has been recovered, acidisation will be required before …
Caspian Oil and Gas: December Activity and Q1 Plans
Perth-based exploration company Caspian Oil & Gas Limited is pleased to report its activities for the December 2011 Quarter. Activities – West Mailisu #2 produced a minor amount of oil (~20bbls) on test, indicating a tight and/or damaged reservoir – Recorded 20km of 2D seismic over four leads in the …
Caspian Oil and Gas Suspends West Mailisu 2 and Fishes in West Mailisu 3
Caspian Oil & Gas Limited has suspended operations on its West Mailisu #2 well on the Company’s 100%-owned West Mailisu licence in the Kyrgyz Republic, Central Asia, after pump testing recovered only a small amount of oil. Caspian previously reported on 25 October, 2011 that it was sourcing appropriate equipment …
Caspian Oil and Gas West Mailisu Well Completion
Caspian Oil & Gas Limited reports that its West Mailisu #2 well has been suspended and the well will be completed with a downhole pump. The West Mailisu #2 well is on Caspian’s 100%-owned West Mailisu licence in the Kyrgyz Republic Central Asia. It was previously reported that an air …
West Mailisu 2 Swabbing Equipment Delay
Caspian Oil & Gas Limited reports that after perforating Bed III with a shot over the interval 1785-1795.5m progress on its West Mailisu #2 well has been slowed by the unavailability of equipment. The West Mailisu #2 well is on Caspian’s 100%-owned West Mailisu licence in the Kyrgyz Republic, Central …
Caspian Oil and Gas West Mailisu 2 Update
Caspian Oil & Gas Limited reports that it has recovered the stuck cement string on its West Mailisu #2 well. The string became stuck when problems were encountered setting a cement plug to isolate Bed V from water-bearing sands, as reported on August 8. Caspian has perforated Bed III over …
Caspian Oil and Gas tackles stuck cement string
Caspian Oil & Gas Limited reports that the operation to recover the stuck cementing string on its West Mailisu #2 well is progressing according to plan. As reported on 8 August, problems were encountered setting a cement plug to isolate Bed V from water- bearing sands and the string became …