Caspian Sunrise PLC 2023 AR2
The report highlights Caspian Sunrise plc's transition into a diversified natural resources group during 2023. Despite operational challenges from Russian sanctions, the company achieved total revenues of $36.7 million and an operating profit of $15.5 million. Key operational milestones included producing 665,114 barrels of oil, commencing oil trading, and preparing the Caspian Explorer for its first commercial drilling contract. Additionally, the company advanced acquisitions of the Block 8 and West Shalva contract areas, and received a conditional offer of $83 million for its BNG shallow structures.
Company: Caspian Sunrise PLC
Sector: Energy
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 91
Caspian Sunrise PLC
Annual Report And Financial Statements
The report highlights Caspian Sunrise plc's transition into a diversified natural resources group during 2023. Despite operational challenges from Russian sanctions, the company achieved total revenues of $36.7 million and an operating profit of $15.5 million. Key operational milestones included producing 665,114 barrels of oil, commencing oil trading, and preparing the Caspian Explorer for its first commercial drilling contract. Additionally, the company advanced acquisitions of the Block 8 and West Shalva contract areas, and received a conditional offer of $83 million for its BNG shallow structures.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Employees