Caspian Sunrise (GB:CASP) has released an update.
Caspian Sunrise PLC has reported promising drilling results at the BNG Contract Area, with significant oil detections in both shallow and deep wells, and has commenced flow testing to assess potential outputs. Additionally, the company’s production, excluding the new wells, stands at 1,600 barrels of oil per day. They are also preparing for the Caspian Explorer’s upcoming charter led by ENI, set to begin drilling operations in early July.
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