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15 Oct 2010 07:30
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Max Petroleum Plc
(the "Company")
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Drilling Update
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15 October 2010
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Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce that it has commenced drilling the UTS-1 exploration well on the Uytas prospect in Block A, the sixth of 13 post-salt exploration prospects scheduled to be drilled by the Company on Blocks A&E. The total depth of the well will be approximately 900 metres, targeting potential Jurassic and Triassic reservoirs.
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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 |
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Macquarie Capital Advisers |
Paul Connolly / Ben Oakley |
Tel: +44 (0)203Β 037 2000 |
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