Caspian Sunrise announced yesterday (at 15:17) that: i) shallow well 142 will need a further side-track for reasons linked to the civil unrest in Kazakhstan in January; ii) the company's oil, being shipped through Russian pipelines and comingled with Russian oil, is being priced at a discount of $25-35/b; iii) subject to corporate resolutions and court approvals, the company intends to start paying a quarterly dividend in July 2022; iv) production at the end of March amounted to 2,142 b/d and th ....

08 Apr 2022
WH Ireland: Caspian Sunrise (CASP) - Q1 Update


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WH Ireland: Caspian Sunrise (CASP) - Q1 Update
Caspian Sunrise PLC (CASP:LON) | 4.0 0 -3.3% | Mkt Cap: 90.0m
- Published:
08 Apr 2022 -
Author:
Brendan Long -
Pages:
4 -
Caspian Sunrise announced yesterday (at 15:17) that: i) shallow well 142 will need a further side-track for reasons linked to the civil unrest in Kazakhstan in January; ii) the company's oil, being shipped through Russian pipelines and comingled with Russian oil, is being priced at a discount of $25-35/b; iii) subject to corporate resolutions and court approvals, the company intends to start paying a quarterly dividend in July 2022; iv) production at the end of March amounted to 2,142 b/d and th ....