Caspian Sunrise (CASP) – Corporate – BNG Success at Deep Well A5
Market Cap £130.7m Share Price 7.8p
Caspian Sunrise announced that its Deep A5 Well was perforated (63 meter interval) after being drilled to a total depth of 4,405 meters and that the well flowed oil naturally without artificial lift for a period of 4 days. Oil production rose over the 4 day period to a level of circa 1,500 b/d using 12mm choke. The company will now proceed to test the well for a 90 day period.
i3 Energy (i3 ....
06 Jan 2020
WHI Corporate Sponsored First Light: Caspian Sunrise (CASP) and i3 Energy (i3E)
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WHI Corporate Sponsored First Light: Caspian Sunrise (CASP) and i3 Energy (i3E)
Caspian Sunrise PLC (CASP:LON), 2.8 | i3 Energy Plc (I3E:LON), 12.9
- Published:
06 Jan 2020 -
Author:
Brendan Long -
Pages:
5
Caspian Sunrise (CASP) – Corporate – BNG Success at Deep Well A5
Market Cap £130.7m Share Price 7.8p
Caspian Sunrise announced that its Deep A5 Well was perforated (63 meter interval) after being drilled to a total depth of 4,405 meters and that the well flowed oil naturally without artificial lift for a period of 4 days. Oil production rose over the 4 day period to a level of circa 1,500 b/d using 12mm choke. The company will now proceed to test the well for a 90 day period.
i3 Energy (i3 ....