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Caspian Sunrise PLC (PK) ROXIF

Caspian Sunrise plc engages in the exploration and production of crude oil. The company operates through four segments: Exploration for and Production of Crude Oil; Onshore Drilling Services; Offshore Drilling Services; and Oil Trading. It explores for and produces crude oil. The company’s flagship asset is the 99%-owned BNG Contract Area, which covers an area of 1,561 square kilometers located in the Mangistau Oblast in the west of Kazakhstan. It also offers onshore and offshore oil field services; and engages in oil trading business. The company was formerly known as Roxi Petroleum Plc and changed its name to Caspian Sunrise plc in March 2017. Caspian Sunrise plc was incorporated in 2006 and is based in London, the United Kingdom.


PINL:ROXIF - Post by User

Post by RHertigon May 30, 2016 12:03pm
127 Views
Post# 24916067

A6 close to total debth.

A6 close to total debth.If this shows the continuance of the A5 discovery coupled with  the new deep discovery at 801 we are looking at a massive presalt find of cheap low sulphur oil. The proven six kilometers shallow field is worth more than the current stock price. This from a debt free company.
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