Eni readies exploration well near Kazakhstan s largest offshore field upstreamonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upstreamonline.com Daily Mail and Mail on Sunday newspapers.
Caspian Sunrise PLC on Thursday said that the interval tested at a well was not commercial.
The Kazakhstan-focused oil and gas exploration and production company said the interval tested at well 142.
By Elena Vardon Caspian Sunrise shares fell on Monday after the company said it hasn't received payments for the sale of half of its shallow-water drilling.
Shares in Caspian Sunrise PLC rose 60% early Friday in London, after the company released its 2022 results, allowing the stock to resume trading on AIM.
The Kazakhstan-focused oil and gas exploration.
Caspian Sunrise PLC on Friday said it has suspended future dividend payments and expects to see a loss in revenue as the Russia-Ukraine conflict looms.
Caspian Sunrise shares fell by 26% at 2.97.