Caspian Rig
Caspian operates its own 650hp drilling rig in the Kyrgyz Republic. The rig, which is capable of drilling to 2,500m, has been focussed on drilling shallower wells around the Mailisu III field in the northern Fergana Basin.
The Company is negotiating a farmin arrangement which would enable it to earn a share of production revenue by drilling a series of wells to 2,000m into projects on the southern edge of the Fergana Basin.
