Caspian Sunrise plc - BNG Operational Update & March Production Numbers
BNG Operational update & March production numbers
The Board of
New Well 153 was spudded in
Our expectation is for a similar result to New Well 150, which commenced production in
On the basis that New Well 153 meets our expectations the production from the shallow structures at BNG would be comfortably in excess of 2,000 bopd.
The total number of barrels produced in
During March the loss of production from Deep Well A5 was effectively replaced by less than four days production from New Well 150.
"Drilling shallow wells on the MJF structure is generally a straight forward matter, as has been the case with New Well 153.
We look forward to bringing the well into production in the next couple of weeks."
Executive Chairman +7 727 375 0202
WH Ireland, Nominated Adviser & Broker
James Joyce +44 (0) 207 220 1666
Mr. Nurlybek Ospanov,
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Market Cap: £56.87 m
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