27 Nov 2017 07:00
Β
Caspian Sunrise PLC
("Caspian Sunrise" or the "Company")
Β
BNG Operational Update
Β
Introduction
Β
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.
Β
Background
Β
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.
Β
Deep Well A5
Β
Caspian Sunrise is pleased to announce that the independent 90-day flow test at Deep Well A5 commenced over the weekend.
Β
We plan to make regular updates announcements as the test progresses.
Β
Clive Carver, Executive Chairman, Caspian Sunrise comments:
Β
"We look forward to providing the market with periodic updates from the independent assessment now started at Deep Well A5"
Β
Β
Caspian Sunrise PLC | Β |
Clive Carver Executive Chairman | +7 727 375 0202 |
Β | Β |
WH Ireland, Nominated Adviser & Broker | Β |
James Joyce Jessica Cave James Sinclair-Ford Β | +44 (0) 207 220 1666 |
Yellow Jersey PR Tim Thompson Β | +44 (0) 203 735 8825 |
Β
Qualified Person
Β
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.
Β
This announcement has been posted to:
www.caspiansunrise.com/investors
Β
The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.
Β
Follow the stocks