MAX PETROLEUM PLC (United Kingdom) announces license extension

/KASE, May 15, 13/ – MAX PETROLEUM PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of May 15, 2013: quote Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has received final regulatory approval of a two-year extension of the exploration period of the Company’s Blocks A&E Licence by the Ministry of Oil & Gas of the Republic of Kazakhstan (the "Appraisal Extension"). The Company is placing the four wells in the Asanketken Field onto trial production and returning the BCHW-1 well in the Baichonas Field to test production, effective immediately. As a result, the Company expects its current production of approximately 2,200 barrels of oil per day ("bopd") from the Zhana Makat Field to increase by a minimum of 2,000 bopd. Enquiries: 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/ Nicholas Harland Tel: +44 (0)203 037 2000 Oriel Securities Michael Shaw / Ashton Clanfield Tel: +44 (0)207 710 7600 unquote [2013-05-15]