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Drilling Update

26th Apr 2011 07:00

RNS Number : 4108F
Max Petroleum PLC
26 April 2011
 



Max Petroleum Plc

 

Commencement of Drilling of ZMA-ET2 Appraisal Well

 

26 April 2011

 

Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce that the Company has commenced drilling the ZMA-ET2 appraisal well further to the south of the recently drilled ZMA-ET1 well with the objective to further extend Triassic production and reserves in the Zhana Makat Field on Block E. The total depth of the well will be approximately 1,500 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 / Katy Mitchell

Tel: +44 (0)161 832 2174

 

Macquarie Capital Advisers

Paul Connolly / Ben Oakley

Tel: +44 (0)203 037 2000

 

 

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