MAX PETROLEUM PLC (United Kingdom) successfully drilled development well on the Zhana Makat field

19.04.13 12:07
/KASE, April 19, 13/ – MAX PETROLEUM PLC (London), shares of which are officially listed on Kazakhstan Stock Exchange (KASE), provided to KASE the following press release of April 18, 2013: quotation Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announces that the ZMA-A24 development well in the Zhana Makat Field has successfully reached a total depth of 871 metres, encountering hydrocarbons in Jurassic sandstone reservoirs in line with expectations. The Company plans to complete the well and then place it on production as soon as practicable. The Zhanros ZJ-20 rig will now move to drill the ZMA-E5 development well in the Zhana Makat Field. Contacts: Max Petroleum Plc Michael Young, President and Chief Financial Officer Tom Randell, Director of Investor Relations Tel: +44 (0)207 355 9590 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 ends [2013-04-19]