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9 Dec 2010 12:35
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Max Petroleum Plc
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Drilling Update
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9 December 2010
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Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, today announced that it has completed drilling the SEKW-1 exploration well on the Sekir West prospect on Block A. The well reached a total depth of 544 metres without encountering producible hydrocarbons and will be plugged and abandoned. The Sun ZJ-30 drilling rig will now move to drill the ALTW-1 exploration well on West Altykol prospect on Block E.
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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 |
Peter Moss Vice President Corporate Development and Investor Relations Β | ||
Merlin PR Β | Tom Randell / Anca Spiridon | Tel: +44 (0)7887 884 794 |
WH Ireland Ltd Β | Daniel Bate | Tel: +44 (0)161 832 2174 Β |
Richard Hook, Chief Operating Officer of Max Petroleum Plc, 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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