Latest News

Caspian pursuing new joint venture partner
Caspian is actively pursuing a new joint venture partner for its Kyrgyz Republic licences
26th February 2010
Activity Update - AMI Agreements
Caspian has signed two Area of Mutual Interest Agreements (AMIs).
29th January 2010
December 2009 Quarterly Report
View the Decmerber 2009 Quarterly Report.
29th January 2010

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Mailisu III Project

Separate from our previous joint venture with Santos, we have acquired a 70 per cent interest in the Mailisu III oilfield under a joint venture with the Kyrgyz Government's oil company, KNG.
We have completed five exploration wells on Mailisu III and encountered oil in each well from shallow Palaeogene limestone beds, with modest flow rates to date. Further assessment work is required before the possibility of using production enhancement techniques is assessed. One of our wells confirmed the presence of gas in a partially depleted gas field below the shallower oil horizons.

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