15th Oct 2010 07:30
Max Petroleum Plc
(the "Company")
Drilling Update
15 October 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 UTS-1 exploration well on the Uytas prospect in Block A, the sixth 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 900 metres, targeting potential Jurassic and Triassic reservoirs.
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 Capital Advisers |
Paul Connolly / Ben Oakley |
Tel: +44 (0)203 037 2000 |
Related Shares:
MXP.L