Max Petroleum on Wednesday announced "excellent" reservoir quality from its Uytas oil field in Kazakhstan, in line with expectations. The UTS-15 appraisal well in the Uytas field reached a total depth of 200 metres, with electric logs indicating four metres of net oil pay in Cretaceous reservoirs o
Read moreKazakh oil producer Max Petroleum has located acceptable oil levels at an appraisal well in one of its key oil fields. The fifth of 13 appraisal wells to be drilled by the AIM-listed company in the Uytas field found "excellent" reservoir quality. Drilling revealed eight metres of oil-delivering
Read moreMax Petroleum has started drilling its BCHW-3 appraisal well in the Baichonas West Field in Kazakhstan. The oil and gas company said the well will be drilled to a total vertical depth of approximately 1,460 metres targeting Jurassic and Triassic reservoirs. The group has also successfully reac
Read moreKazakhstan-focused oil and gas explorer Max Petroleum has reported success with a development well in the Zhana Makat field. It said the ZMA-E3 well had reached a depth of 903m and had found hydrocarbons in Jurassic sandstone reservoirs in line with expectations. Max Petroleum said it plans to com
Read moreAIM-listed oil and gas exploration group Max Petroleum has completed drilling the UTS-7 appraisal well in the Uytas Field on Block A in Kazakhstan, a update issued by the company on Monday has shown. The group reported that well reached a total depth of 550 metres encountering insufficient hydroca
Read moreAIM-listed oil and gas exploration company Max Petroleum has succeeded in reaching a total vertical depth of 1,558m at the SAGW-4 appraisal well in the Sagiz West Field. In a drilling update issued on Tuesday, the Kazakhstan-focused company reported that electrical logs and pressure data from the w
Read moreThe FTSE Small Caps Index rises 0.1 percent in early morning trading, underperforming a 0.5 percent gain on both the blue-chip FTSE 100 index and on the FTSE 250 mid-cap index. FTSE Aim All Share Index is flat. Share Plc, the holding company which operates UK stockbroker The Share Ce
Read moreAIM-listed oil and gas exploration and production company Max Petroleum has commenced drilling the UTS-8 appraisal well in the Uytas Field on Block A using Zhanros Drilling's ZJ-20 rig. The group said that the well, located in Kazakhstan, would be drilled to a total vertical depth of 900 metres t
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