Sign In
20 Jan 2014 07:00
Max Petroleum Plc
(the "Company")
Drilling Update
20 January 2014
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announces that it has completed drilling the SAGW-11 appraisal well in the Sagiz West Field to a vertical depth of 1,429 metres without encountering sufficient hydrocarbons to be commercial and it will be plugged and abandoned. The Zhanros ZJ-30 rig will next move to drill the SAGW-10 well, one of three wells remaining in the current appraisal programme at Sagiz West.
Enquiries:
| ||||||||||||||||||||
Richard Hook, Chief Operating Officer of Max Petroleum Plc, is the qualified person that has reviewed and approved the technical information contained in this announcement. Mr. Hook is a member of the Houston Geological Society and holds both Masters and Bachelors of Science degrees in geology. |
Follow the stocks
