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]