Caspian Sunrise PLC 2022 AR2
The report highlights Caspian Sunrise plc's financial and operational performance for the fiscal year 2022. The company achieved record sales of $42.9 million and produced 792,284 barrels of oil, representing a 48% increase compared to 2021. Key developments included securing an option to acquire Block 8, converting $6.2 million of debt to equity, and initiating monthly dividend payments. Operationally, the company focused on deep structures at the BNG Contract Area, notably spudding Deep Well 802, while navigating supply chain challenges arising from the war in Ukraine.
Company: Caspian Sunrise PLC
Sector: Energy
Country: United Kingdom
Year: 2022
Type: AR2
Pages: 85
Caspian Sunrise PLC
Annual Report And Financial Statements
The report highlights Caspian Sunrise plc's financial and operational performance for the fiscal year 2022. The company achieved record sales of $42.9 million and produced 792,284 barrels of oil, representing a 48% increase compared to 2021. Key developments included securing an option to acquire Block 8, converting $6.2 million of debt to equity, and initiating monthly dividend payments. Operationally, the company focused on deep structures at the BNG Contract Area, notably spudding Deep Well 802, while navigating supply chain challenges arising from the war in Ukraine.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees