25th Aug 2010 10:01
Max Petroleum Plc
(the "Company")
Drilling Update
25 August 2010
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce that it has commenced drilling the KAW-1 exploration well on the Karsak West prospect in Block E, the fifth of 13 post-salt exploration prospects scheduled to be drilled by the Company on Blocks A&E. The total depth of the well will be approximately 1,870 metres, targeting potential Jurassic and Triassic reservoirs at depths below 1,200 metres.
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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Macquarie |
Paul Connolly / Ben Oakley |
Tel: +44 (0)203 037 2000 |
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