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18 Apr 2013 07:00
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Max Petroleum Plc
(the "Company")
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Successful Development Well Drilled in the Zhana Makat Field
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18 April 2013
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Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announces that the ZMA-A24 development well in the Zhana Makat Field has successfully reached a total depth of 871 metres, encountering hydrocarbons in Jurassic sandstone reservoirs in line with expectations.
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The Company plans to complete the well and then place it on production as soon as practicable. The Zhanros ZJ-20 rig will now move to drill the ZMA-E5 development well in the Zhana Makat Field.
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