Caspian Sunrise Plc (CASP.L) Share Price & News

Caspian Sunrise PLC is a Kazakhstan based oil and gas exploration and production company established in October 2006 and listed on the Alternative Investment Market of the London Stock Exchange in May 2007.

The Company’s objective is to create shareholder value from the development of oil and gas projects and associated activities.

Formerly known as Roxi Petroleum PLC, the Company’s name was changed to Caspian Sunrise plc following shareholder approval of the Baverstock Merger on 24 March 2017.

Caspian Sunrise’s commercial rationale is to acquire and develop interests in oil and gas assets in Central Asia with a focus on Kazakhstan. Its principal asset is its 99% interest in the BNG Contract Area. We also have a 99% interest in the Munaily Contract Area and a suspended 50% interest in the Beibars Contract Area.

To date 3 deep wells and 8 shallow wells have been drilled at BNG with an additional well re-entered.

The Group is responsible as Operator for all its active interests.