---
title: "Caspian Sunrise PLC (AIM: CASP) First well spudded at West Shalva Contract Area"
publisher: "Share Talk"
author: "sharetalk"
published: "2025-10-03T06:16:18+00:00"
modified: "2025-10-03T06:16:18+00:00"
date: 2025-10-03
canonical: "https://www.share-talk.com/caspian-sunrise-plc-aim-casp-first-well-spudded-at-west-shalva-contract-area/"
category: "Energy"
categories: ["Energy"]
tags: ["802", "Asslybek Umbetov", "Baltic Sea", "BNG", "Brent", "CASP", "caspian sunrise", "Clive Carver", "Deep", "family", "Kazakh", "Kazakhstan", "Kuat Oraziman", "oil", "Oraziman", "pipeline", "Russian", "sanctions", "Share Talk", "South Yelemes", "Spudded", "Urals", "Well", "Well 153", "Well 154", "Well A8"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2024/05/Caspian-Sunrise.webp?fit=1200%2C800&quality=80&ssl=1"
format: "news"
language: "en-GB"
---

# Caspian Sunrise PLC (AIM: CASP) First well spudded at West Shalva Contract Area

**Published:** October 3, 2025
**Author:** sharetalk
**Categories:** Energy
**Tags:** 802, Asslybek Umbetov, Baltic Sea, BNG, Brent, CASP, caspian sunrise, Clive Carver, Deep, family, Kazakh, Kazakhstan, Kuat Oraziman, oil, Oraziman, pipeline, Russian, sanctions, Share Talk, South Yelemes, Spudded, Urals, Well, Well 153, Well 154, Well A8
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2024/05/Caspian-Sunrise.webp?fit=1200%2C800&quality=80&ssl=1)

---

The board of [Caspian Sunrise](https://www.investegate.co.uk/announcement/rns/caspian-sunrise--casp/first-well-spudded-at-west-shalva-contract-area/9147715) is pleased to announce that the first well to be drilled on the West Shalva Contract Area has been spudded.

The West Shalva Contract area was acquired in April 2025 for an initial $5 million consideration with a maximum consideration of $15 million in the event of successful oil production.

The well has a planned total depth of approximately 3,000 meters with two principal targets. The first target is at approximately 2,300 meters in the Jurassic sandstone with the second target at approximately 2,600 meters in the Triassic limestone.

The well is expected to take approximately two months to drill.

Contacts:

|   |   |
| --- | --- |
| Zeus James Joyce James Bavister Andre de Andrade | +44 (0) 203 829 5000 |

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