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Drilling Update

15th Aug 2011 07:00

RNS Number : 3450M
Max Petroleum PLC
15 August 2011
 



Max Petroleum Plc

(the "Company")

 

Drilling Update

 

15 August 2011

 

Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce that it has commenced drilling the UTS-3 appraisal well on the Uytas prospect in Block A. The total depth of the well will be approximately 800 metres, targeting potential Cretaceous and Jurassic reservoirs.

 

 

Enquiries:

 

Max Petroleum Plc

 

 

Michael Young

President and Chief Financial Officer

Tel: +44 (0)20 7355 9590

 

Tom Randell

Director of Investor Relations

 

Merlin PR

 

David Simonson / Anca Spiridon

Tel: +44 (0)207 726 8400

WH Ireland Ltd

 

Daniel Bate / Katy Mitchell

Tel: +44 (0)161 832 2174

 

Macquarie Capital Advisers

Paul Connolly / Ben Oakley

Tel: +44 (0)203 037 2000

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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