Caspian Holdings Company News

Recent Articles

Results 26 articles shown

Caspian's Subsidiary Wins Initial Court Case in Kazakhstan
Kazakhstan has ruled in favor of Caspian Holding's subsidiary, Taraz, in a recent court case with the judgement setting aside the order of the Minister of Energy and Mineral Resources.
7:00 PM EST | January 13, 2009
Caspian Increases Irvine Field Lease Holding, Set to Produce from Barnett
Caspian Holdings increased its lease holding in the Irvine oilfield to over 200 acres with the signing of a new 160 acre Billings lease, and the Company received the key permits to commence oil production and sales from its Barnett lease in October.
8:00 PM EST | September 17, 2008
Caspian Seeks Regulatory Approvals to Restart Zhengeldy Production
Caspian Holdings has reported mixed progress in completing regulatory approvals to restart production and exports at its Zhengeldy oil field in Kazakhstan.
8:00 PM EST | August 31, 2008
Caspian Snags 50% Interest in Kentucky's Black Gold
Caspian has progressed its expansion in the United States with the acquisition of a 50% interest in Black Gold of Kentucky Inc. Caspian will be issued shares in Black Gold for a cash payment of $400,000.
8:00 PM EST | July 07, 2008
Caspian Ramps Up Production on Zhengeldy Project
Caspian has received work program approval for its Zhengeldy project in Kazakhstan from Zapkaznedra. This approval will enable the re-start of production at Zhengeldy.
8:00 PM EST | June 26, 2008
Caspian's Zhengeldy Field Production Suspended
Production at the field will be resumed upon approval of Caspian's Supervision of Development Plan.
7:00 PM EST | February 19, 2008
Caspian Holdings Updates on Zhengeldy Field
Caspian Holdings reports that it has started 2008 of right with the continuation of production in the Zhengeldy Field in Kazakhstan.
7:00 PM EST | January 27, 2008
Caspian Holding's Export Cleared to Restart in March 2008
The Central Commission of Ministry of Energy and Mineral Resource of Kazakhstan has rescheduled its meeting for the approval of Caspian Holding's key development report.
7:00 PM EST | December 20, 2007
Caspian Makes Changes to its Board and Management
Caspian Holdings announces Board and management changes.
8:00 PM EST | October 22, 2007
Zhengeldy Fields Production Steady
Caspian Contractors reports that September numbers at a steady 9,700 barrels.
8:00 PM EST | October 14, 2007
Caspian Holdings Opens Credit Facility
Caspian Holdings has concluded an unsecured credit facility agreement to raise up to £1,000,000 at a rate of 4% over LIBOR from investors and major shareholders.
8:00 PM EST | April 23, 2007
Caspian Holdings Reports Commercial Flows from Kazakh Well
Caspian Holdings reported commercial flows of oil at approximately 35 barrels a day from its recently drilled well 121 during the second half of December 2006.
7:00 PM EST | January 07, 2007
Caspian Holdings Reports Progress at Zhengeldy
Caspian Holdings Plc, the oil and gas production and exploration Company in Kazakhstan, as a continuation of its 2006 Drilling Program announced positive results from wells 119 and 121 at its Zhengeldy oil field.
7:00 PM EST | December 05, 2006
Caspian Holdings Logs Oil Pay at Zhengeldy Well
Caspian Holdings announces positive results from the drilling campaign at its Zhengeldy oil field. Analysis of open hole log results from the latest well 119 show a net pay of 21.4 meters across 4 oil bearing zones.
8:00 PM EST | October 23, 2006
Caspian Continues Finding Oil at Zhengeldy Field
Caspian Holdings reports more positive results from the drilling campaign at its Zhengeldy oil field.
8:00 PM EST | September 17, 2006
Caspian Boosts Oil Shipments by 100%
Caspian Holdings, an oil and gas production and exploration company with operations in in Kazakhstan, said that its quarterly oil shipment increased by 100% from 9,274 barrels in the March Quarter 2006 to 18,718 barrels in the June Quarter 2006.
8:00 PM EST | July 17, 2006
Caspian Holdings Appoints Operations Manager & CFO
The Board of Caspian Holdings has appointed of Essien Umoren as Operations Manager and Dom Del Borrello as Chief Financial Officer to the Company.
8:00 PM EST | July 02, 2006
Caspian Holdings Sees Positive Results from 2006 Drilling Program
Caspian Holdings reports positive results from its 2006 drilling and workover programs in Kazakhstan with production increasing 170% to approximately 300 barrels a day.
8:00 PM EST | May 31, 2006
Salt Lake Drilling Results Delivers Largest Flow Rate to Date
Caspian Holdings says that drilling results for well 103 on the dry Zhengeldy salt lake has produced very strong test flow results.
8:00 PM EST | May 03, 2006
Caspian Holdings Raises $3.3 Million in Private Placement
Caspian Holdings reports that it has raised approximately GBP 1.9 million (US$3.3 million) to finance and expand the drilling program as well as complete seismic work on the Zhegeldy Oil Field and for general working capital before expenses.
7:00 PM EST | March 20, 2006
Caspian Holdings Increases Production at Zhengeldy Field
Caspian Holdings reports a 35% increase of production rates as the Zhengeldy workover program begins to show results.
7:00 PM EST | February 15, 2006
Caspian Holdings Begins New Drilling Campaign in Kazakhstan
Caspian Holdings has commenced drilling its first well, Well 101, of its 2006 drilling campaign.
7:00 PM EST | February 09, 2006
Caspian Holdings Begins Export of Zhengeldy Oil
Caspian Holdings has commenced deliveries of Zhengeldy oil to the KazMunaiGas export facility at Karsak in Western Kazakhstan.
7:00 PM EST | January 30, 2006
Caspian Holdings Says Workover Program on Track
Caspian Holdings says that four (106, 107, 114, and 115) of the five wells worked over are now in production with oil production rates from these wells steadily increasing.
7:00 PM EST | January 11, 2006
Caspian Holdings Completes First Phase of Zhengeldy Field Workover Program
Caspian has completed the first stage of the workover program at the Zhengeldy oilfield in Kazakhstan.
7:00 PM EST | November 29, 2005
Capsian Completes Zhengeldy Field Production Capacity Study
Caspian Holdings says that the preliminary results of the Zhengeldy Field evaluation are in and based on those results the company has commenced a detail production improvement program.
7:00 PM EST | November 03, 2005