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AIM-listed oil and gas exploration and production company Max Petroleum has commenced drilling the UTS-5 exploration well in the Uytas North prospect on Block A in Kazakhstan using the Zhanros Drilling's ZJ-20 rig. The Uytas North prospect is a four-way anti-cline, targeting Triassic resource pote
Read moreAIM-listed oil and gas exploration and production company Max Petroleum has reported that the ZMA-E6 development well in the Zhana Makat Field has successfully reached a total depth of 897 metres, encountering hydrocarbons in Jurassic sandstone reservoirs, in line with expectations. The company s
Read moreAIM-listed Kazakhstan- focused oil and gas exploration and production company Max Petroleum , has received final regulatory approval of a two-year extension of the exploration period of the company's Blocks A&E Licence by the Ministry of Oil & Gas of the Republic of Kazakhstan. The company said it
Read moreAIM-listed oil and gas exploration company Max Petroleum has commenced drilling the ZMA-E6 development well in the Zhana Makat Field in Kazakhstan, an operational update has shown. The company, reported that it is using Zhanros Drilling's ZJ-20 rig and said that the total vertical depth of the well
Read moreMax Petroleum's shares rose Wednesday as the oil and gas company announced it encountered hydrocarbons in the Blocks A&E licence in Western Kazakhstan. The ZMA-E5 development well at the Zhana Makat field in the licence showed resources in the Jurassic sandstone reservoir after completing drilling
Read moreAIM-listed oil and gas exploration company Max Petroleum has commenced drilling the ZMA-E5 development well in the Zhana Makat Field in Kazakhstan. The company said that it had been using Zhanros Drilling's ZJ-20 rig and reported that the total vertical depth of the well would be approximately 885m
Read moreMax Petroleum has encountered hydrocarbons at the ZMA-A22 development well in the Zhana Makat Field in Kazakhstan after drilling to a depth of 1,363 metres. The Jurassic and Triassic sandstone reservoirs at the well produced hydrocarbons in line with expectations. The company said it plans to co
Read moreAIM-listed oil and gas exploration and production company, Max Petroleum, has commenced drilling the ZMA-A22 development well in the Zhana Makat Field on Block E in Kazakhstan. The company reported that it used the Zhanros Drilling ZJ-20 rig. The total vertical depth of the well is expected to be
Read moreKazakhstan-focused oil and gas exploration company Max Petroleum, has announced that on March 6th, it issued 13.39m ordinary shares of 0.01p each in the company at 5p per share to Zhanros Drilling L.L.P. The company reported that application has been made for the shares to be admitted to trading o
Read moreAIM-listed oil and gas exploration and production company Max Petroleum has secured a two-year appraisal extension on its A and E licence in Kazakhstan. In a regulatory update issued by the company on Monday, Max Petroleum reported that the Ministry of Oil and Gas of the Republic of Kazakhstan had
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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 rises 3.6 percent after announcing the successful drilling of a development well in the Zhana Makat Field, prompting Merchant Securities to
Read moreCity sources predict the FTSE 100 will open up 30 points from yesterday's close of 6,292, clawing back some of yesterday's heavy losses after hawkish comments from the Federal Reserve weighed heavily on markets. Last night US stock markets extended losses on the back of the previous night's releas
Read moreMax Petroleum, an oil and gas exploration and production company focused on Kazakhstan, has said that the ZMA-A20 development well in the Zhana Makat field has successfully reached a total depth of 924 metres, encountering hydrocarbons in line with expectations. The group will now complete the wel
Read moreMax Petroleum shares dipped Monday after the oil and gas company announced it plugged and abandoned a well on the Tolegen West prospect in Kazakhstan. The group said it completed drilling at the TOLW-1 exploration well at a total depth of 1,540 metres without encountering producible hydrocarbons.
Read moreMax Petroleum advanced Friday on news the oil and gas company started drilling the TOLW-1 well on the Tolegen West prospect in Kazakhstan. Shares rose 2.63% to 3.90p at 11:20 Friday as the business announced it kicked off production on Block E using Zhanros Drilling's ZJ-20 rig. A total vertical
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