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Drilling Update

22 Apr 2013 07:00

RNS Number : 8443C
Max Petroleum PLC
22 April 2013
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Max Petroleum Plc

(the "Company")

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Drilling Update

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22 April 2013

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Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the ZMA-E5 development well in the Zhana Makat Field on Block E using Zhanros Drilling's ZJ-20 rig. Total vertical depth of the well will be approximately 885 metres targeting Jurassic reservoirs.

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Enquiries:

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Max Petroleum Plc

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Michael Young

President and Chief Financial Officer

Tel: +44 (0)207 355 9590

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Tom Randell

Director of Investor Relations

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College Hill

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David Simonson/ Anca Spiridon

Tel: +44 (0)207 457 2020

WH Ireland Ltd

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Daniel Bate / Katy Mitchell

Tel: +44 (0)161 832 2174

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Macquarie Capital

Steve Baldwin/ Jeffrey Auld/ Nicholas Harland

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Tel: +44 (0)203Β 037 2000

Oriel Securities

Michael Shaw / Ashton Clanfield

Tel: +44 (0)207Β 710 7600

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This information is provided by RNS
The company news service from the London Stock Exchange
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DRLNKDDBCBKDQQB
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8th Jun 20077:00 amRNSCompletion of Debt Facility
7th Jun 200712:05 pmRNSExercise of Options
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27th Apr 20073:02 pmRNSHolding(s) in Company
26th Apr 20074:59 pmRNSExercise of Options

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