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Drilling Update

5th Dec 2011 07:00

RNS Number : 3070T
Max Petroleum PLC
05 December 2011
 



Max Petroleum Plc

(the "Company")

 

Drilling Update

 

5 December 2011

 

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-2 appraisal well on the Sagiz West Field in Block E. Total depth of the well will be approximately 1,400 metres, targeting Triassic 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 / Robin Gwyn

Tel: +44 (0)161 832 2174

 

Macquarie Capital

Paul Connolly / Steve Baldwin

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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