(Alliance News) - Caspian Sunrise PLC on Friday said it received the final approval needed to start work on the West Shalva contract area in western Kazakhstan. Read More
Caspian Sunrise PLC - Kazakhstan-focused oil and gas exploration and production company - Wholly owned subsidiary BNG Ltd LLP agrees to extend the long stop date relating to disposal of MJF and South Yelemes structures to Absolute Resources LLP. The USD88 million sale, of which USD14 million has been received, was announced in November. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Caspian Sunrise PLC - Kazakhstan-focused oil and gas exploration and production company - Says first commercial charter for its Caspian Explorer drilling vessel commences on time. The operation in the Caspian Sea is expected to take around two months, with a planned depth of 2,500 meters. The vessel will operate under the Isatay Operating Co, a joint venture between Eni Spa and Kazakh state oil company KazMunayGas. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, not separately reported by Alliance News: Read More
Caspian Sunrise PLC - Kazakhstan-focused oil and gas exploration and production company - Reports newly assessed reserves at Airshagyl structure. Says independent Kazakh consultancy SciRes provided a reserve assessment of about 49.0 million barrels at C1, and about 28.9 million barrels at C2. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Caspian Sunrise PLC on Monday said it is in the preliminary stages of acquiring CS Energy LLP and its accompanying licence. Read More
Caspian Sunrise PLC - Kazakhstan-focused oil and gas exploration and production company - Says it is mulling the sale of all or part of the BNG contract area's shallow structures at "indicative prices potentially significantly greater than its current carrying value". Says any deal would likely require shareholder approval due to its size of the transaction value relative to the group. "We believe this heightened level of corporate interest in BNG's producing shallow structures is in part the result of the changes last year to the Kazakh oil trading regulations, which now require the production of oil to obtain a trading licence, and the relative scarcity of producing fields with full production licences. The sharp reduction in the discount for international sales referred to below may also have had an effect," the company says. Caspian Sunrise says no binding agreements have been entered into and there is no certainty that discussions will lead to a firm offer or that the board would put an offer before shareholders. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
(Alliance News) - The FTSE 100 in London traded flat early Monday, while the pound remained below the USD1.26 mark, as Bank of England Governor Andrew Bailey suggested rate cuts may happen soon. Read More
Caspian Sunrise PLC - Kazakhstan-focused oil and gas exploration and production company - Reports that the best performing MJF Well 142 on the BNG contract area returns to production after a 12-month absence. Says production is currently approximately 1,900 barrels of oil per day. Adds that the rig in use at Well 142 will now be used to spud Well 155, which is the final shallow well under the current BNG work programme. The intention at Well 141 is to resume work by first removing approximately 27 meters of stuck pipes, before drilling a horizontal side-track. Chair Clive Carver says: "With the return of Well 142 production levels are moving in the right direction." Read More
(Alliance News) - Caspian Sunrise PLC on Thursday said that the interval tested at a well was not commercial. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Caspian Sunrise PLC on Monday said a "tougher" operating period affected by sanctions against Russia affected its interim profit and revenue. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More