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BNG operational update

29 May 2019 10:00

RNS Number : 4567A
Caspian Sunrise plc
29 May 2019
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Caspian Sunrise PLC

("Caspian Sunrise" or the "Company")

BNG operational update

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Introduction

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The Company is pleased to announce that an initial evaluation of the third core sample taken from Deep Well A8 shows it to contain the same signs of secondary porosity and oil staining as with the first two samples.

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The third core sample was 18 meters in length, starting at a depth of 4,379 meters and ending at 4,397 meters. With the first sample starting at a depth of 4,346 meters the total interval so far proved is now 51 meters.

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Rather than to continue to delay the completion of the well we intend to resume drilling until the mudlogs indicate we are approaching the end of the oil-bearing interval, at which time we will conduct a further core sample to prove its total extent.

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Ends.

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Caspian Sunrise PLC

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Clive Carver

Executive Chairman

+7 727 375 0202

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WH Ireland, Nominated Adviser & Broker

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James Joyce

Jessica Cave

James Sinclair-Ford

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+44 (0) 207 220 1666

Yellow Jersey PR

Tim Thompson

Henry Wilkinson

+44 (0) 203 735 8825

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Qualified Person

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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.

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This announcement has been posted to:

www.caspiansunrise.com/investors

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

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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END
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UPDCKCDPFBKKOPB
Date   Source Headline
17th Sep 20197:00 amRNSInterim Results
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21st Aug 20198:39 amRNSBNG Operational Update and Production Numbers
6th Aug 20197:00 amRNSMonthly production numbers
26th Jul 20197:00 amRNSInvestor and Analyst Conference Call
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11th Jul 20198:58 amRNSMJF Licence Upgrade Signed
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22nd Jan 20197:00 amRNSOperational, 3A Best and Shareholding Update
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17th Dec 201811:42 amRNSExercise of Options
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19th Jun 20183:58 pmRNSResult of AGM
29th May 20187:00 amRNSOperational Update & 3A Best Acquisition Update
14th May 20187:00 amRNSFinal Results
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31st Jan 20187:00 amRNSOperational & Corporate Update
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4th Jan 20187:00 amRNSOperational Update
14th Dec 20177:00 amRNSBNG Operational Update
27th Nov 20178:48 amRNSShareholding Update
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21st Nov 20171:01 pmRNSUpdated Corporate Presentation
20th Nov 20177:00 amRNSBNG Operational Update
10th Nov 201711:31 amRNSCorrection: Shareholding Update
10th Nov 20177:00 amRNSShareholding Update

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