Aral Petroleum Company News

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Caspian Energy Agrees to Sell 10% Interest in Aral Petroleum
Tuesday, February 23, 2010 Caspian Energy has entered into an agreement to sell a 10% interest in Aral Petroleum Capital LLP to AsiaStar Petroleum Limited

Caspian All Set to Plug Aransay #711
Tuesday, July 29, 2008 Caspian Energy announced that Aral Petroleum has logged and determined the second well in its post-salt drilling program, Aransay #711, as a dry hole and is preparing to plug the well.

Caspian Spuds First Well in Post-Salt Drilling Program
Tuesday, January 22, 2008 Caspian Energy Inc. reported that Aral Petroleum Capital LLP ("Aral"), in which the Company holds a 50% indirect interest, will spud the first exploration well, Baktygaryn #703, in its post-salt drilling program in mid-February.

Aral Puts East Zhagabulak Back on Production
Monday, May 07, 2007 Caspian Energy Inc. said that Aral Petroleum Capital LLP, in which it holds a 50% indirect interest, has completed fishing operations and retrieved the lost wire line and logging tool from East Zhagabulak #301 in Kazakhstan.

Caspian Energy Names New President
Wednesday, April 11, 2007 Caspian Energy Inc. said that Charles J. Summers, the current Chief Operating Officer, has also been appointed as President of the Company.

Caspian: Zhagabulak #303 Reaches Total Depth
Wednesday, January 24, 2007 Caspian Energy Inc. said that Aral Petroleum Capital LLP has finished drilling its third exploration well, Zhagabulak #303, to a total depth of 4630 meters.

Caspian Energy Logs Pay with East Zhagabulak #303 Well
Friday, October 06, 2006 Caspian Energy has completed intermediate logging over the primary target in the East Zhagabulak #303 well and has encountered 80 feet of net pay.

Aral Petroleum Completes Successful Test at East Zhagabulak #301
Thursday, February 09, 2006 Aral Petroleum has completed a successful flow-test in the Zhagabulak Area in the southeast corner of the North Block.