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Max Petrol Share News (MXP)
Share News for Max Petrol (MXP)
| Share Price: 3.98 | Bid: 3.98 | Ask: 4.09 | Change: -0.045 (-1.12%) |  | ||||||
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BRIEF-Max Petroleum sees delays in Nur-1 drilling
Fri, 22nd Jun 2012 07:26
LONDON, June 22 (Reuters) - Max Petroleum PLC:
* Has experienced further delays drilling
* Does not expect to reach total depth of 7,250 metres before August 2012 at
Nur-1
* Total costs for the Nur-1 well are now expected to be approximately US$43
million
* Expected forward cost for Nur-1 of approximately US$10 million
* In talks with providers of debt and equity financing, regarding the provision
of additional capital
* In the absence of additional funding the Company may have to significantly curtail its intended exploration activities
((London Equities Newsroom; +44 20 7542 7717))
(For more news, please click here)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
LONDON, June 22 (Reuters) - Max Petroleum PLC:
* Has experienced further delays drilling
its Nur-1 well
* Does not expect to reach total depth of 7,250 metres before August 2012 at
Nur-1
* Total costs for the Nur-1 well are now expected to be approximately US$43
million
* Expected forward cost for Nur-1 of approximately US$10 million
* In talks with providers of debt and equity financing, regarding the provision
of additional capital
* In the absence of additional funding the Company may have to significantly curtail its intended exploration activities
((London Equities Newsroom; +44 20 7542 7717))
(For more news, please click here)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
STOCKS NEWS EUROPE-UK small caps rise 0.3 pct at midday
The FTSE Small Cap index rises 0.3 percent in mid-session deals, trailing a rebound of 1 percent each on the FTSE 100 and the FTSE 250 .Max Petroleum[22 Feb '13]
RESEARCH ALERT-Max Petroleum: Merchant Securities raises target price
Jan 3 (Reuters) - Max Petroleum PLC: * Merchant Securities raises target price to 6.5p from 6.3p; rating buy For a summary of ra[3 Jan '13]
RESEARCH ALERT-Falkland Oil and Gas: Merchant Securities raises to buy
Nov 28 (Reuters) - : * Falkland Oil And Gas: Merchant Securities raises to buy from sell * Max Petroleum: Merchant Securities raises t[28 Nov '12]
Max Petroleum does not find oil at Kazakhstan well, shares fall
Sept 20 (Reuters) - Kazakhstan-focused oil producer Max Petroleum Plc said a well on the Dossor North-West prospect would be plugged and abandon[20 Sep '12]
BRIEF-Max Petroleum does not find producible hydrocarbons in DOSNW-1 well
LONDON, Sept 20 (Reuters) - Max Petroleum PLC: * Has completed drilling the dosnw-1 exploration well on the dossor north-west prospe[20 Sep '12]
BRIEF-Max Petroleum begins drilling DOS NW-1 exploration well
LONDON, Sept 11 (Reuters) - Max Petroleum PLC: * Has commenced drilling the dos nw-1 exploration well on the dossor north west prosp[11 Sep '12]
BRIEF-Max Petroleum makes discovery at Baichonas drill
LONDON, Sept 3 (Reuters) - Max Petroleum PLC: * Bchw-1 exploration well indicating 13 metres of net pay over a 20 metre interval[3 Sep '12]
BRIEF-Max Petroleum makes discovery at Baichonas drill
LONDON, Sept 3 (Reuters) - Max Petroleum PLC: * Bchw-1 exploration well indicating 13 metres of net pay over a 20 metre interval[3 Sep '12]
