MAX PETROLEUM PLC (United Kingdom) announces commencing drilling appraisal well BCHW-3 in field Baishonas West and successful drilling of appraisal well UTS-13 in field Uytas
02.09.13 17:42
/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 September 2, 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 BCHW-3
appraisal well in the Baichonas West Field on Block E using the Zhanros ZJ-20
rig. The well will be drilled to a total vertical depth of approximately 1,460
metres targeting Jurassic and Triassic reservoirs.
The Company has also successfully reached the target depth at the UTS-13
appraisal well in the Uytas Field which is currently being logged. The logging
results will be announced as part of the next drilling update.
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]