Caspian Sunrise plc
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Kuat Rafikuly Oraziman
- Full Time Employees
- 296
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 5 New Street Square London GL United Kingdom EC4A 3TW
- IPO Date
- Oct 16, 2009
- Website
- caspiansunrise.com
- Similar Companies
- Business
- Caspian Sunrise plc is a United Kingdom-based oil and gas exploration and production company focused on acquiring and developing interests in Central Asia, primarily Kazakhstan. The company operates through four main segments: exploration for and production of crude oil from assets including the BNG Contract Area deep structures (Airshagyl and Yelemes Deep), Block 8 Contract Area (Sholkara structure), and West Shalva Contract Area; onshore drilling services via Caspian Technical Services (CTS), which owns four rigs (one G50, two G40s, one G20); offshore drilling services through the Caspian Explorer vessel, a specialized shallow-water drilling platform; and oil trading, involving the purchase, refining, and sale of crude oil products. It targets domestic and regional markets in Kazakhstan's Mangistau and Atyrau regions, with operations spanning over 4,000 square kilometers across its key contract areas. Founded in October 2006 and headquartered at 152/1 Karasai Batyra Street, Almaty, Kazakhstan, with a registered office in London, the company lists on the AIM market of the London Stock Exchange (ticker: CASP.L; OTC: ROXIF). Recent developments include the July 2025 completion of an $88 million disposal of the BNG shallow MJF and South Yelemes structures, receiving $69.1 million upfront with further payments due; the April 2025 acquisition of the West Shalva Contract Area for up to $15 million in shares and cash; the award in May 2025 of a 25-year production license (initial three years) for the BNG Airshagyl structure with certified C1 reserves of 26 million barrels; renewal of the Block 8 Sholkara license in Q4 2024 and encouraging test flows of up to 846 bopd; the 2024 completion of the Caspian Explorer's first charter under company ownership for $14.3 million revenue; and pursuits of mineral acquisitions in manganese, gold, copper, zinc, and titanium.
Caspian Sunrise shares rise 8% on expanded Kazakh drilling programme
Caspian Sunrise lifted as it lands key Kazakhstan licence extension
Caspian Sunrise jumps as the small-cap oiler files two sets of financials, investors eye well results
Caspian Sunrise kicks off drilling at West Shalva project
Caspian Sunrise shares fall 10% as asset sale awaits approval
Caspian Sunrise falls 10% on update despite Russian oil pipeline discount narrowing
Caspian Sunrise dividend news sparks 30% share fall
Caspian Sunrise shares rise on latest Kazakh well success
Caspian Sunrise shines after positive drilling update
Caspian Sunrise brightens after receiving key production licence
Caspian Sunrise climbs on positive production and financial update
Caspian Sunrise brightens after oil price surge brings it back into profit
Caspian Sunrise brightens on Kazakh drilling news
Caspian Sunrise buoyed by Kazakh partnership news and shipping charter