Sonoran Energy establishes presence in Kazakhstan

Oct 21, 2004 02:00 AM

Sonoran Energy has signed a representation agreement with CSSI, a local company in Kazakhstan, as a first step to establishing Sonoran Energy's long-term presence in the Caspian region.
Together with CSSI Group, Sonoran Energy intends to pursue oil and gas opportunities in Kazakhstan. CSSI is a well-established company in Kazakhstan with an extensive network of high level contacts in the oil and gas sector, and within the local government.

CSSI will assist Sonoran Energy with its official registration, which will lead to the opening of a Sonoran Energy field office in Kazakhstan.
"The Caspian region represents one of Sonoran Energy's key growth opportunities," said Peter Ostenfeld-Rosenthal, Sonoran Energy president and CEO. "Securing a working relationship with top local representation is an important first step in our future activities in the region, including our on-going negotiations to secure a production sharing agreement for a large oil field in Kazakhstan."

Source: Datamonitor
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