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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Max Petrol | LSE:MXP | London | Ordinary Share | GB00B0H1P667 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.16 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jan 2020 to Jan 2025
TIDMMXP
RNS Number : 3132R
Max Petroleum PLC
02 November 2011
Max Petroleum Plc
("Max Petroleum" or the "Company")
Drilling Update
02 November 2011
Max Petroleum Plc, an oil and gas exploration and production company, today announced an update of its drilling operations in the Blocks A&E licence area in the Republic of Kazakhstan.
ZLGS-1 exploration well in Zhalgyz South prospect non-productive
The Company has completed drilling the ZLGS-1 exploration well on the Zhalgyz South prospect in Block A. The well reached a total depth of 1,435 metres without encountering producible hydrocarbons and will be plugged and abandoned. The Zhanros ZJ-20 drilling rig will now move on to drill the KZIE-2 appraisal well testing Jurassic reservoirs in the recently discovered East KyzylzharI Field in Block E.
Appraisal well spudded in Zhana Makat Field
The ZMA-A19 appraisal well has been spudded in the Zhana Makat Field. The total depth of the well will be approximately 950 metres targeting Jurassic reservoirs.
Deep rig on location and being commissioned to drill the NUR-1 well
The Saipem drilling rig is on location and currently being commissioned to begin drilling the NUR-1 well on the Emba B prospect in Block E. The Company expects the well to spud within the next few days once the rig is accepted to commence operations.
Enquiries:
Hot Features
Premium
Max Petroleum Michael Young Tel: +44 (0)20 7355
Plc President and Chief Financial 9590
Officer
Tom Randell
Director of Investor Relations
Merlin PR David Simonson / Anca Spiridon Tel: +44 (0)207 726
8400
WH Ireland Ltd Daniel Bate / Robin Gwyn Tel: +44 (0)161 832
2174
Macquarie Capital Paul Connolly / Steve Baldwin Tel: +44 (0)203 037
Advisers 2000
Richard Hook, Chief Operating Officer of Max Petroleum, is the qualified person that has reviewed and approved the technical information contained in this announcement. Mr. Hook is a member of the Houston Geological Society and holds both Masters and Bachelors of Science degrees in geology.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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