Directorate Change
12 April 2007 - 12:00AM
UK Regulatory
RNS Number:6333U
Caspian Energy Inc
11 April 2007
CASPIAN ENERGY INC. APPOINTS A NEW PRESIDENT
TSX: CEK
AIM: CEK
Caspian Energy Inc. is pleased to announce that Mr. Charles J. Summers, the
current Chief Operating Officer, has also been appointed as President of the
Company. Mr. William A.G. Ramsay, the resigning President of the Company, will
continue to serve as the Chief Executive Officer and Chairman of the Company.
Caspian is an oil and gas exploration and development company, operating in
Kazakhstan where it has a number of targets in the highly prospective Aktobe
Oblast of Western Kazakhstan. The Company holds an exclusive licence which
entitles it to explore and develop certain oil and gas properties known as the
"North Block", an area of 3,458 square km. This is through a 50% stake in Aral
Petroleum Capital LLP (a joint venture set up in 2004 between Caspian and Azden
Management).
There are no disclosures required under the AIM Rules.
For further information, please contact:
Caspian Energy Inc.
William Ramsay
Chief Executive Officer and Chairman
00 7 3272 54 31 27
Bell Pottinger Corporate and Financial
Geoff Callow/Algy Rowe
00 44 (0) 20 7861 3232
Jefferies International Limited
Toby Hayward/Oliver Griffiths
00 44 (0) 20 7618 3500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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