Thursday, 13 December 2012

Caspian Energy awaits Kazakh signature on licence extension

William Ramsay, Chairman & CEO of Caspian Energy (TSX:CEK) tells Proactiveinvestors that the company has now received the formal letter from the Kazakh government and the company is "one signature away" from receiving the exploration licence extension for two-years. He confirms that the dispute with Nabors Industries Inc has passed and that the Caspian Energy bank account is now unfrozen. William also says that investors can expect more newsflow when the licence extension is signed.

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