20th Sep 2012 13:04
Max Petroleum Plc
Drilling Update
20 September 2012
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announced that it has completed drilling the DOSNW-1 exploration well on the Dossor North-West prospect on Block E. The well reached a total depth of 1,334 metres without encountering producible hydrocarbons and will be plugged and abandoned. The Zhanros rig will now move to drill the Besbolek North-East exploration prospect in Block E targeting 10 mmbo of mean resources.
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/ Jeffrey Auld/ Nicholas Harland
| Tel: +44 (0)203 037 2000 |
Oriel Securities | Michael Shaw / Ashton Clanfield | Tel: +44 (0)207 710 7600 |
Related Shares:
MXP.L