- Caspian Sunrise said testing on a well samples at its BNG contract area in Kazakhstan had shown them to be oil and gas bearing.

The Deep Well A8 was spudded in November 2018 with a target depth of 5,300 and had now reached 4,379 metres.

A 4 meter core sample was taken at a depth of 4,342 meters and a second 9 meter core sample was taken at a depth of 4,370 meters.

'Based on log analysis and the findings of the independent coring contractor, the Company believes the A8 well has intersected at least 37 meters of gross oil bearing reservoir,' the company said.

'Further drilling and core samples will be taken with a view to establishing the full extent of the depth of the horizon.'

At 2:14pm: [LON:CASP] Caspian Sunrise Plc Ord 1p share price was +0.4p at 9.55p

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