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Caspian Sunrise ( (GB:CASP) ) has issued an update.
Caspian Sunrise PLC has announced the receipt of an additional $7 million from the sale of its shallow MJF and South Yelemes structures, bringing the total received to $69.1 million of the $88 million total consideration. The formal completion of the sale is anticipated by the end of August 2025, with the remaining $18.9 million to be paid over the next five years, aligning with obligations related to the MJF Historic Costs assessment.
More about Caspian Sunrise
Caspian Sunrise PLC operates in the energy sector, focusing on oil and gas exploration and production. The company is involved in developing and managing hydrocarbon resources, with a market focus on the Caspian region.
Average Trading Volume: 842,818
Technical Sentiment Signal: Sell
Current Market Cap: £50.61M
See more data about CASP stock on TipRanks’ Stock Analysis page.