Equities
Caspian Sunrise Gets Regulatory Nod in Kazakhstan for Four New Wells
Caspian Sunrise (CASP.L) secured regulatory approval to drill four new wells on the BNG contract area in Kazakhstan.The London-listed oil and gas exploration and production company will work on two 5,000 meter-deep wells and a shallower one with a depth of 3,500 meters at the Yelemes Deep structure targeting Permian limestone and Triassic sandstone, respectively, according to a Monday release.Another well with a depth of 2,500 meters will also be drilled on a potential new shallow structure LK6 targeting Cretaceous point bar sandstone.
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