Stmnt re Share Price Movement
04 June 2008 - 8:35PM
UK Regulatory
RNS Number : 9496V
Caspian Energy Inc
04 June 2008
4 June 2008
CASPIAN ENERGY INC.
("Caspian" or the "Company")
Share price movement
TSX: CEK
AIM: CEK
The Board of Caspian Energy Inc., an oil and gas exploration company operating
in Kazakhstan, notes the recent movement in its share price. Drilling activity continues on the Baktygaryn �703 exploration well and has
not yet reached the target zone. The well is
currently at a depth of 2,391m and the Company is continuing to drill through the salt overhang towards the Permian target. A further
announcement will be made in due course.
Enquiries
For further information, please contact:
Bell Pottinger Corporate and Financial
Ann-marie Wilkinson/Sarah Williams 00 44 (0) 20 7861 3232
Jefferies International Ltd
Jack Pryde 00 44 (0) 20 7029 8000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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