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Drilling Update

19th Jun 2013 09:47

RNS Number : 3768H
Max Petroleum PLC
19 June 2013
 



Max Petroleum Plc

(the "Company")

 

Drilling Update

 

19 June 2013

 

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the UTS-7 appraisal well in the Uytas Field on Block A using Zhanros ZJ-20 rig. The well will be drilled to a total vertical depth of 550 metres targeting Cretaceous and Jurassic reservoirs.

 

 

 

Enquiries:

 

Max Petroleum Plc

 

 

Michael Young

President and Chief Financial Officer

Tel: +44 (0)207 355 9590

 

Tom Randell

Director of Investor Relations

 

College Hill

 

David Simonson/ Anca Spiridon

Tel: +44 (0)207 457 2020

WH Ireland Ltd

 

Daniel Bate / Katy Mitchell

Tel: +44 (0)161 832 2174

 

Macquarie Capital

Steve Baldwin/ Nicholas Harland

 

Tel: +44 (0)203 037 2000

Oriel Securities

Michael Shaw / Ashton Clanfield

Tel: +44 (0)207 710 7600

 

Richard Hook, Chief Operating Officer of Max Petroleum Plc, 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.

 

 

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