Caspian Energy Inc. Announces Director Resignation

Caspian Energy Inc. Announces Director Resignation

ID: 300644

(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 09/26/13 -- Caspian Energy Inc. (the "Company") (TSX VENTURE: CEK.H) announces that Mr. Adil Mukhamedzhanov has resigned as a director of the Company, effective as of September 25, 2013.

About Caspian Energy Inc.

Caspian Energy Inc. is an oil and gas exploration company operating in Kazakhstan where it has a number of targets in the highly prospective Aktobe Oblast of Western Kazakhstan. Caspian Energy holds these assets by virtue of its 40% equity stake in Aral Petroleum Capital LLP (which as noted in Caspian's material change report of June 24, 2013 will be reduced to 33.5% upon satisfaction or waiver of all conditions precedent in a purchase and sale agreement). Aral Petroleum Capital LLP holds an exclusive license, which entitles it to explore and develop certain oil and gas properties known as a "North Block", and area of 1500 sq.km. As well as a 25-year Production contract for the East Zhagabulak field. The Company's license area lies immediately adjacent to the various producing fields, including the Alibekmola, Zhanazhol, and Kenkiyak fields.



Contacts:
Caspian Energy Inc.
William Ramsay
President and Chief Executive Officer
44 (0)773663 1378

Caspian Energy Inc.
Brian Korney
Chief Financial Officer
(403) 513-3375



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Bereitgestellt von Benutzer: Marketwired
Datum: 26.09.2013 - 15:31 Uhr
Sprache: Deutsch
News-ID 300644
Anzahl Zeichen: 0

contact information:
Town:

CALGARY, ALBERTA



Kategorie:

Oil & Gas



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