Caspian Sunrise plc

Equities

CASP

GB00B1W0VW36

Oil & Gas Exploration and Production

Market Closed - London S.E. Other stock markets 11:35:18 2024-04-26 am EDT			5-day change	1st Jan Change
3.55 ^GBX	+5.97%		+29.09%	+42.00%

Apr. 08	Caspian Sunrise seeks to acquire "less challenging" oil licences	AN
Apr. 08	Caspian Sunrise Advances Planned Acquisition of CS Energy	MT

Caspian Sunrise MJF Well 142 returns to production

February 16, 2024 at 11:28 am EST

Caspian Sunrise PLC - Kazakhstan-focused oil and gas exploration and production company - Reports that the best performing MJF Well 142 on the BNG contract area returns to production after a 12-month absence. Says production is currently approximately 1,900 barrels of oil per day. Adds that the rig in use at Well 142 will now be used to spud Well 155, which is the final shallow well under the current BNG work programme. The intention at Well 141 is to resume work by first removing approximately 27 meters of stuck pipes, before drilling a horizontal side-track. Chair Clive Carver says: "With the return of Well 142 production levels are moving in the right direction."

Current stock price: 2.40 pence, down 7.7%

12-month change: down 66%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
BRENT CRUDE OIL SPOT	88.07 USD	+0.10%	+1.75%	-
WTI	83.53 USD	0.00%	+1.68%	-
CASPIAN SUNRISE PLC	3.55 GBX	+5.97%	+29.09%	99.71M

Latest news about Caspian Sunrise plc

Caspian Sunrise seeks to acquire "less challenging" oil licences	Apr. 08	AN
Caspian Sunrise Advances Planned Acquisition of CS Energy	Apr. 08	MT
Caspian Sunrise considers sale of BNG contract area	Mar. 25	AN
AIM WINNERS & LOSERS: ImmuPharma order doubles; Aeorema swings to loss	Mar. 25	AN
FTSE 100 treads water, FTSE 250 declines	Mar. 25	AN
Caspian Sunrise MJF Well 142 returns to production	Feb. 16	AN
Caspian Sunrise Resumes Production at Well 142 in Kazakhstan Site, Boosts Oil Output	Feb. 16	MT
Caspian Sunrise plc Announces BNG Operational Update	Feb. 16	CI
Caspian Sunrise shares fall as interval tested at well not commercial	Dec. 21	AN
Zotefams wins Nike deal; Serinus in licence extension	23-10-31	AN
Caspian Sunrise interim results weakened by sanctions on Russia	23-09-25	AN
Earnings Flash (CASP.L) CASPIAN SUNRISE Reports H1 Revenue $17.3M	23-09-25	MT
Caspian Sunrise plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-25	CI
FTSE 100 Reaches Two-Month High Lifted by Miners, Oil-Exposed Stocks	23-07-31	DJ
Ingenta to meet expectations; Glantus beating them	23-07-31	AN
Caspian Sunrise plc Announces Resignation of Edmund Limerick as A Director	23-07-10	CI
Hard to See Reason for Sterling to Fall For Now	23-07-07	DJ
UK Recession Would Bring Down Gilt Yields	23-07-07	DJ
AIM WINNERS & LOSERS: Aptamer shares claw back some lost ground	23-07-07	AN
Caspian Sunrise jumps 60% as share resume trading after earnings out	23-07-07	AN
Earnings Flash (CASP.L) CASPIAN SUNRISE Posts FY22 Revenue $42.9M	23-07-07	MT
Earnings Flash (CASP.L) CASPIAN SUNRISE Posts FY22 EPS $0.00	23-07-07	MT
Caspian Sunrise plc Reports Earnings Results for the Full Year Ended December 31, 2022	23-07-07	CI
FTSE 100 Closes Up 0.8% Lifted by Banks	23-06-30	DJ
Market Pricing of BOE's Interest-Rate Rises Seen Excessive	23-06-30	DJ

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Company Profile

Caspian Sunrise plc is a United Kingdom-based oil and gas exploration and production company. The Company owns and operates the Caspian Explorer, a drilling vessel specifically designed for operation in the shallow northern Caspian Sea. The Company also has its own drilling company, which on occasion works on projects. The Company operates through four segments: Oil & Gas assets, Drilling services by CTS, Drilling services by Caspian Explorer, and Corporate allocated. Oil & Gas assets segment is engaged in the oil exploration and production. Drilling services by CTS segment includes onshore drilling services in Kazakhstan provided by CTS LLP. Drilling services by Caspian Explorer segment includes offshore drilling services provided using the Caspian Explorer, Corporate allocated includes expenses corporate allocated.

Sector

Oil & Gas Exploration and Production

Calendar

2024-06-25 - Q4 2023 Earnings Release (Projected)

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Sector Other Oil & Gas Exploration and Production

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