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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Max Prop | LSE:MAX | London | Ordinary Share | JE00B3CX6J86 | ORD NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 168.75 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Feb 2020 to Feb 2025
TIDMMAX
RNS Number : 8483F
Max Property Group PLC
30 May 2013
Max Petroleum Plc
(the "Company")
Drilling Update
30 May 2013
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the SAGW-4 appraisal well in the Sagiz West Field on Block E using Zhanros Drilling's ZJ-30 rig. The well will be drilled to a vertical depth of approximately 1,500 metres and is located approximately four kilometres south of the SAGW-3 well, the nearest producing well in the field.
The results of the SAGW-4 well, combined with newly acquired 3D seismic data, will help further evaluate the current estimate of approximately 79.8 million barrels of in-place contingent resources in the field, as well as assist in the design of an extended appraisal drilling programme over the Sagiz West structure expected to commence in the next several months.
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Premium
Enquiries:
Max Petroleum Michael Young Tel: +44 (0)207 355
Plc President and Chief Financial 9590
Officer
Tom Randell
Director of Investor Relations
College Hill David Simonson/ Anca Spiridon Tel: +44 (0)207 457
2020
WH Ireland Ltd Daniel Bate / Katy Mitchell Tel: +44 (0)161 832
2174
Macquarie Capital Steve Baldwin/ Nicholas Tel: +44 (0)203 037
Harland 2000
Oriel Securities Michael Shaw / Ashton Clanfield Tel: +44 (0)207 710
7600
Richard Hook, Chief Operating Officer of Max Petroleum Plc, 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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