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16 Feb 2011 07:00
Max Petroleum Plc
(the "Company")
Drilling Update
16 February 2011
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce that it has commenced drilling the ASK-1 exploration well on the Asanketken prospect in Block E, the ninth of 15 post-salt exploration prospects scheduled to be drilled by the Company on Blocks A&E. The total depth of the well will be approximately 3,300 metres, targeting potential Triassic reservoirs.
Enquiries:
Max Petroleum Plc
| Michael Young President and Chief Financial Officer | Tel: +44 (0)20 7355 9590
|
Peter Moss Vice President Corporate Development and Investor Relations
| ||
Merlin PR
| Tom Randell / Anca Spiridon | Tel: +44 (0)207 726 8400 |
WH Ireland Ltd
| Daniel Bate / Katy Mitchell | Tel: +44 (0)161 832 2174
|
Macquarie Capital Advisers | Paul Connolly / Ben Oakley | Tel: +44 (0)203 037 2000 |
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