Caspian Energy Inc was formed in September 2004 through a merger with Caspian Energy Limited, a private Ontario company and Northway Explorations Ltd, a Canadian, junior natural resource exploration company.
Caspian is an oil and gas exploration and development company, operating in Kazakhstan where it has a number of targets in the highly prospective Aktobe Oblast of Western Kazakhstan. The Company holds an exclusive licence which entitles it to explore and develop certain oil and gas properties known as the “North Block”, an area of 3,458 square km, through a 50% stake in Aral Petroleum Capital LLP.
Caspian is incorporated in Canada.