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Caspian Sunrise Secures Yelemes Deep Licence Extension

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Caspian Sunrise Secures Yelemes Deep Licence Extension

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An update from Caspian Sunrise ( (GB:CASP) ) is now available.

Caspian Sunrise has announced an extension of the Yelemes Deep licence at the BNG Contract Area, allowing the company to resume development work at Deep Well 803. This extension represents a significant advancement for the company, enabling further exploration and potential production increases, thereby strengthening its position in the oil industry.

More about Caspian Sunrise

Caspian Sunrise PLC is an oil exploration and production company focused on the development of both shallow and deep oil structures in the BNG Contract Area, located near the Tengiz oilfield.

Average Trading Volume: 7,801,705

Technical Sentiment Signal: Hold

Current Market Cap: £60.03M

See more insights into CASP stock on TipRanks’ Stock Analysis page.

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