Caspian Sunrise PLC is a Central Asian oil and gas exploration and production company with a focus on Kazakhstan. The Company was established in 2006 and admitted to trading on the AIM Market of the London Stock Exchange in 2007, when it was known as Roxi Petroleum plc
Following the merger with Baverstock, we now have 99% of our flagship BNG asset under our direct control and be, except for monies owed to local oil traders, debt free.
The merger with Baverstock represents a major milestone in the Group’s development as we are now free to develop BNG at a pace that suits Caspian Sunrise shareholders.
Our strategy is to build a diversified portfolio of oil and gas exploration and production assets and associated assets in Kazakhstan and Central Asia
Our principal asset is BNG, a 1,702 sq kilometre contract area located in western Kazakhstan which currently produces approximately 1,500 mbbl per day under test conditions
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