StockMarketWire.com - Caspian Sunrise said it planned to start drilling a new side-track well at its BNG asset in Kazakhstan, below the underground salt level.

The company said it planned to use laser equipment to cut the liner and drill pipes at a depth of 4,005 meters at its Deep Well A5 and then remove a 30 meter section of liner and drill pipe.

It when then commencing a new 500 meter side-track from a depth of 4,035 meters.

A contractor had been identified and the specialist equipment was being sourced with the target that the side tracking itself could commence in the third quarter.


At 2:15pm: [LON:CASP] Caspian Sunrise Plc Ord 1p share price was -1.37p at 12.38p



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