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.
We fund the refining of oil produced from our assets and sell the resulting oil products.
To provide separate funding for the oil trading venture we have established a 70:30 partnership with an experienced trader with the Group holding the majority stake.
In 2023, our first year of operations, we generated income of approximately $10.3 million, gross profit of approximately $4.9 million and profit before tax of approximately $2.3 million.
In due course we may look to trade oil produced by third parties and other commodities
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