CASPIAN ENERGY INC. ANNOUNCES THIRD QUARTER 2012 FINANCIAL RESULTS AND CORPORATE UPDATE CALGARY - November 5, 2012 -- Caspian Energy Inc. (the "Company" or "CEK") (TSX: CEK) announced today its financial results for the three and six months ending September 30,

2012. Its unaudited condensed interim consolidated financial statements for the quarter and related management's discussion and analysis have been filed with Canadian securities regulatory authorities and are available for viewing at www.sedar.com.

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