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8 Mar 2010 07:00
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Max Petroleum Plc
(the "Company")
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Drilling Update
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8 March 2010
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Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce today that it has commenced drilling the KZN-1 exploration well on the North Kyzylzhar II East Block prospect in Block E, the second of twelve post-salt exploration prospects scheduled to be drilled by the Company on Blocks A&E. Furthermore, the Company will commenceΒ testingΒ theΒ BOR-1 exploration well on theΒ Borkyldakty prospect in Block EΒ later this week, upon obtaining finalΒ regulatory approvals.
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Enquiries:
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Max Petroleum Plc Β Β |
Michael Young President and Chief Financial Officer |
Tel: +44 (0)20 7355 9590 Β |
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Peter Moss Vice President Corporate Development and Investor Relations Β |
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Merlin PR Β |
Tom Randell / Anca Spiridon |
Tel: +44 (0)207 726 8400 |
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WH Ireland Ltd Β |
Daniel Bate |
Tel: +44 (0)161 832 2174 Β |
Richard Hook, Chief Operating Officer of Max Petroleum, 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.
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