Caspian Sunrise PLC 2021 AR2
The report outlines Caspian Sunrise plc's operational and financial performance for the fiscal year 2021. During the year, the company achieved record oil production and benefited from rising international oil prices, although it faced challenges due to Russian sanctions and the Urals oil discount. Caspian Sunrise successfully introduced horizontal drilling techniques at its flagship BNG asset, increasing production capacity at the MJF structure. Financially, revenues increased by 75% to $25 million, and the company worked towards establishing regular dividend payments by initiating a capital reduction.
Company: Caspian Sunrise PLC
Sector: Energy
Country: United Kingdom
Year: 2021
Type: AR2
Pages: 82
Caspian Sunrise PLC
Annual Report And Financial Statements
The report outlines Caspian Sunrise plc's operational and financial performance for the fiscal year 2021. During the year, the company achieved record oil production and benefited from rising international oil prices, although it faced challenges due to Russian sanctions and the Urals oil discount. Caspian Sunrise successfully introduced horizontal drilling techniques at its flagship BNG asset, increasing production capacity at the MJF structure. Financially, revenues increased by 75% to $25 million, and the company worked towards establishing regular dividend payments by initiating a capital reduction.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees