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.
CTS has approximately 150 contractors and owns 4 rigs and associated equipment which allow 4 wells to be drilled simultaneously.
CTS reduces the drilling costs on the Group’s assets and provides operational flexibility not available when relying on third party contractors.
Looking to the future, CTS would also able to allow the Group to farm into third party assets in return for fulfilling work programme drilling commitments.
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