TIDMCASP

RNS Number : 5291X

Caspian Sunrise plc

27 November 2017

Caspian Sunrise PLC

("Caspian Sunrise" or the "Company")

BNG Operational Update

Introduction

Caspian Sunrise the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with news of progress its Deep Well A5 at its flagship BNG Contract Area.

Background

Caspian Sunrise has a 99% interest in the BNG Contract Area, which is located in the west of Kazakhstan, 40 kilometers southeast of Tengiz on the edge of the Mangistau Oblast.

Deep Well A5

Caspian Sunrise is pleased to announce that the independent 90-day flow test at Deep Well A5 commenced over the weekend.

We plan to make regular updates announcements as the test progresses.

Clive Carver, Executive Chairman, Caspian Sunrise comments:

"We look forward to providing the market with periodic updates from the independent assessment now started at Deep Well A5"

 
 Caspian Sunrise PLC 
 Clive Carver 
  Executive Chairman              +7 727 375 0202 
 
 WH Ireland, Nominated Adviser 
  & Broker 
 James Joyce 
  Jessica Cave 
  James Sinclair-Ford             +44 (0) 207 220 1666 
 Yellow Jersey PR 
  Tim Thompson                    +44 (0) 203 735 8825

Qualified Person

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.

This announcement has been posted to:

www.caspiansunrise.com/investors

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.

This information is provided by RNS

The company news service from the London Stock Exchange

END

UPDUNRARBAAAUUA

(END) Dow Jones Newswires

November 27, 2017 02:00 ET (07:00 GMT)

Caspian Sunrise (LSE:CASP)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Caspian Sunrise Charts.
Caspian Sunrise (LSE:CASP)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Caspian Sunrise Charts.