Caspian Sunrise (CASP) – Corporate – Operational Update
Market Cap £161.6m Share Price 9.7p
Caspian Sunrise announced yesterday (12:02) that the A5 well has produced 37° API oil (light oil) for 10 days and based on activity to date the company expects the well to produce at a sustainable rate of at least 1,500 b/d. The company is currently adjusting the well's choke to maintain a constant pressure.
09 Jan 2020
WHI First Light: Caspian Sunrise (CASP) 090120
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WHI First Light: Caspian Sunrise (CASP) 090120
Caspian Sunrise PLC (CASP:LON) | 2.8 0 (-8.3%) | Mkt Cap: 61.9m
- Published:
09 Jan 2020 -
Author:
Brendan Long -
Pages:
4
Caspian Sunrise (CASP) – Corporate – Operational Update
Market Cap £161.6m Share Price 9.7p
Caspian Sunrise announced yesterday (12:02) that the A5 well has produced 37° API oil (light oil) for 10 days and based on activity to date the company expects the well to produce at a sustainable rate of at least 1,500 b/d. The company is currently adjusting the well's choke to maintain a constant pressure.