Additional Information
Market: TSX
Sector: Oil & Gas Exploration & Production
EPIC: CEK
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Caspian Energy Inc

Full Caspian Energy Inc profile here


Caspian is an oil and gas exploration and development company, operating in Kazakhstan where it has a number of targets in the highly prospective Aktobe Oblast of Western Kazakhstan. The Company holds an exclusive licence which entitles it to explore and develop certain oil and gas properties known as the “North Block”, an area of 3,458 square km, through a 50% stake in Aral Petroleum Capital LLP.

Caspian Energy awaits Kazakh signature on licence extension

Thursday, December 13, 2012

William Ramsay, Chairman & CEO of Caspian Energy (TSX:CEK) tells Proactiveinvestors that the company has now received the formal letter from the Kazakh government and the company is "one signature away" from receiving the exploration licence extension for two-years. He confirms that the dispute with Nabors Industries Inc has passed and that the Caspian Energy bank account is now unfrozen. William also says that investors can expect more newsflow when the licence extension is signed.

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