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IN BRIEF: Caspian Sunrise extends disposal long stop date

2nd Jan 2025 20:11

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.

BNG and Absolute Resources continue to work towards completing the disposal and extend the December 31 2024 long stop date to February 28 2025.

Current stock price: 3.07 pence, up 0.7% on Thursday

12-month change: up 20%

By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.

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