Caspian Sunrise 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
Caspian Sunrise’s current principal interest is in the BNG Conract Area in the Pre Caspian basin in Western Kazakhstan. Additionally, Caspian has interest in the Munaily and Beibars Contract Areas.
This section of the website contains information on Caspian’s financial and operational performance, providing up-to-date information of value to an analyst, shareholder or potential investor.
Oil and gas exploration and production is a long-term activity requiring effective environmental stewardship. We have operated in Kazakhstan now for more than 18 years and have only been able to do so by complying with applicable environmental standards.
The Group owns 99% of the BNG Contract Area from which it current produces approximately 2,300 bopd.
The Group also owns the 3A Best Contract Area and is in the process of acquiring the Block 8 and West Shalva Contract Areas
Via its 100% subsidiary CTS the group owns and operates 4 drilling rigs. This provides both cost savings and operational efficiencies together with the opportunity to farm into new assets in return for drilling new wells.
The Group owns the Caspian Explorer, a purpose built drilling vessel designed to operate in the shallow northern Caspian Sea.
The Group began oil trading at the start of 2023 following changes in the Kazakh oil trading regulations.
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