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11 Sep 2012 07:00
Max Petroleum Plc
(the "Company")
Drilling Update
11 September 2012
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the DOSNW-1 exploration well on the Dossor North West prospect on Block E using Zhanros Drilling's ZJ-20 rig. Total depth of the well will be approximately 1,400 metres. The Dossor North West Prospect is a four-way anticline targeting unrisked mean resources of 7 million barrels of oil in Triassic reservoirs.
Enquiries:
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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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