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Caspian Sunrise ( (GB:CASP) ) has shared an announcement.
Caspian Sunrise PLC has announced operational progress at its Block 8 Contract Area, with test production from Deep Well P2 increasing to approximately 876 barrels of oil per day. The company is nearing the completion of acquiring the Block 8 Contract Area, which has allowed the resumption of drilling and testing activities, potentially enhancing its production capabilities and market positioning.
More about Caspian Sunrise
Caspian Sunrise PLC operates in the oil and gas industry, focusing on exploration and production activities. The company is involved in acquiring and developing oil fields, with a market focus on expanding its operational areas.
Average Trading Volume: 818,018
Technical Sentiment Signal: Sell
Current Market Cap: £50.61M
For an in-depth examination of CASP stock, go to TipRanks’ Overview page.