Caspian Energy Inc.

October 30, 2007 10:07 ET

Caspian Energy Inc. - Statement re Share Price Movement

TORONTO, ONTARIO--(Marketwire - Oct. 30, 2007) - The Board of Caspian Energy Inc (TSX:CEK)(AIM:CEK), an oil and gas exploration company operating in Kazakhstan, notes the recent movement in its share price.

For a number of months the Company has undertaken discussions with potential farm-in partners concerning one of its blocks, which may or may not lead to a transaction. There is currently no firm timing regarding any potential transaction.

Contact Information

  • Bell Pottinger Corporate & Financial
    Algy Rowe/ Ann-Marie Wilkinson
    +44 (0)20 7861 3232
    Jefferies International Limited
    Toby Hayward / Jack Pryde
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