17th Dec 2012 07:00
Max Petroleum Plc
(the "Company")
Drilling Update
17 December 2012
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the ESKN-1 exploration well on the Eskene North prospect on a new location on Block E using Zhanros Drilling's ZJ-20 rig. Total vertical depth of the well will be approximately 1,400 metres. The Eskene North prospect is a four-way anticline targeting unrisked mean resources of 9 million barrels of oil in Triassic reservoirs.
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