MAX PETROLEUM PLC (United Kingdom) announces drilling of appraisal well UTS-13 at Uytas field
02.09.13 11:00
/KASE, September 2, 13/ – MAX PETROLEUM PLC (London), whose shares are
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with
the following press-release of August 29, 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-13
appraisal well in the Uytas Field on Block A. The well will be drilled to a
total vertical depth of approximately 200 metres targeting Cretaceous
reservoirs using a newly acquired mobile truck mounted rig from Zhanros. This
is the first of 10 remaining wells to be drilled to depths of between 200 and
450 metres as part of the initial appraisal programme for the 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 / Tom Yeadon
Tel: +44 (0)207 710 7600
unquote
[2013-09-02]