MAX PETROLEUM PLC (United Kingdom) starts drilling appraisal well UTS-8 in field Uytas
10.06.13 15:40
/KASE, June 10, 13/ – MAX PETROLEUM PLC (London), whose shares are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following
press-release of June 10, 2013:
quote
Max Petroleum Plc, an oil and gas exploration and production company focused
on Kazakhstan, is pleased to announce that it has commenced drilling the UTS-8
appraisal well in the Uytas Field on Block A using Zhanros Drilling's ZJ-20 rig.
The well will be drilled to a total vertical depth of 900 metres targeting
Cretaceous, Jurassic and Triassic reservoirs. The location of the UTS-8 well is
beyond the current limits of the field that are estimated to contain contingent
resources. If successful, the UTS-8 well could significantly extend the Western
limits of the Uytas Field.
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
[2013-06-10]