8th Mar 2010 07:00
Max Petroleum Plc
(the "Company")
Drilling Update
8 March 2010
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce today that it has commenced drilling the KZN-1 exploration well on the North Kyzylzhar II East Block prospect in Block E, the second of twelve post-salt exploration prospects scheduled to be drilled by the Company on Blocks A&E. Furthermore, the Company will commence testing the BOR-1 exploration well on the Borkyldakty prospect in Block E later this week, upon obtaining final regulatory approvals.
Enquiries:
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Max Petroleum Plc
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Michael Young President and Chief Financial Officer |
Tel: +44 (0)20 7355 9590
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Peter Moss Vice President Corporate Development and Investor Relations
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Merlin PR
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Tom Randell / Anca Spiridon |
Tel: +44 (0)207 726 8400 |
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WH Ireland Ltd
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Daniel Bate |
Tel: +44 (0)161 832 2174
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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.
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