Latest News

June 2010 Quarterly Report
Downlaod the Caspian June 2010 Quarterly Report.
30th July 2010
Romanian exploration block bid success
A bidding group comprising Audax Energy Limited (ADX), Caspian Oil & Gas and Sibinga Petroleum, has been awarded the exploration block EX-10 PARTA in the southern Pannonian Basin, western Romania
5th July 2010
Delineation seismic completed
Caspian Oil & Gas Limited has completed seismic acquisition over several prospective leads on its 100 per cent owned West Mailisu licence in the Kyrgyz Republic.
26th May 2010

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Ak-Bura Project

The large Ak-Bura licence covers prospective beds from Silurian to Palaeogene in age. The prospective reservoir beds identified include Permian, Middle Jurassic and Palaeogene which contain the pay zones within oil fields of the Fergana Basin and Silurian and Carboniferous beds.
These beds also contain pay zones of oil fields within the Tarim Basin, located 200 km to the south-east in China.
While the large Ak-Bura project is only partially mapped, a number of prospective structures have been identified.
Through recent seismic we have identified several large thrust-related structures in the  Ak-Bura licence.  Naukat covers an area up to 20km2, see seismic section above.
The target Paleogene and Cretaceous beds consisting of thick, porous sandstone, conglomerate and limestone beds are situated at 1,500m to 2,500m from surface.

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