Having reported 2021 production of 1,462 barrels of oil per day, investors can expect significant production growth from Caspian Sunrise's shallow oilfields, namely, the MJF and South Yelemes oilfields. Already, the company reported recent production (22 December 2022) of 2,300 barrels of oil per day – all from its shallow MJF field – after bringing its first two horizontal wells onstream. The company continues to advance well completion methodologies that are intended to unlock the world-class ....

22 Feb 2022
WH Ireland: Caspian Sunrise (CASP) - 21p WHI Fair Value Estimate


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WH Ireland: Caspian Sunrise (CASP) - 21p WHI Fair Value Estimate
Caspian Sunrise PLC (CASP:LON) | 4.0 0 -3.3% | Mkt Cap: 90.0m
- Published:
22 Feb 2022 -
Author:
Brendan Long -
Pages:
5 -
Having reported 2021 production of 1,462 barrels of oil per day, investors can expect significant production growth from Caspian Sunrise's shallow oilfields, namely, the MJF and South Yelemes oilfields. Already, the company reported recent production (22 December 2022) of 2,300 barrels of oil per day – all from its shallow MJF field – after bringing its first two horizontal wells onstream. The company continues to advance well completion methodologies that are intended to unlock the world-class ....