Caspian Holdings reports “Mixed Progress” at Zhengeldy Oil Field Restart

03.09.2008
    After reporting several encouraging steps in completing regulatory hurdles to move the Zhengeldy Oil Field in Kazakhstan back into production, yesterday Caspian Holdings said it had received a letter from the Ministry of Energy and Mineral Resources which effectively terminated its subsoil Use Contract.     Michael Masterman, who spoke to Proactiveinvestors yesterday,...