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Caspian Energy Inc is a Canada-based company, which is engaged in the exploration, development and production of oil and natural gas in the Republic of Kazakhstan. The Company's segments include Kazakhstan, which includes the oil and natural gas industry, and Other, which includes corporate assets and the operations in the Canadian and Netherlands entities. The Company, through its interests in Aral Petroleum Capital LLP, holds rights to explore and develop certain oil and gas properties in the Republic of Kazakhstan known as the North Block, a 1,470 square kilometer area located in the vicinity of the Kazakh pre-Caspian basin. The Zhagabulak Area is located in the southeastern corner of the North Block. The Baktygaryn Area is located in the northwestern corner of the North Block. Other exploration areas in the North Block include Aransai and Itasai-Kyrykkuduk.
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