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Update on Restructuring Agree

1 Jul 2008 07:00

RNS Number : 9592X
Max Petroleum PLC
01 July 2008
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ο»Ώ

Max Petroleum PlcΒ 

(the "Company")

Update on Restructuring Agreement1 JulyΒ 2008

Further to the Company's announcement onΒ 2Β MayΒ 2008, Max Petroleum hasΒ agreed to extend the completion deadline of its restructuring agreement with Horizon Services N.V. and Oriental LimitedΒ untilΒ 31 AugustΒ 2008 to allow additional time to obtain the regulatory consents required from theΒ RepublicΒ ofΒ KazakhstanΒ to complete the transaction.Β 

Enquiries:

Mark Johnson, Chief Executive OfficerΒ 

Michael Young, Chief Financial Officer

Peter Moss, Investor Relations Manager

Max Petroleum Plc

Tel: 020 7355 9590

Tom Randell / Anca Spiridon

Merlin PR

Tel: 020 7653 6620

Daniel Bate / David Youngman

WH Ireland Ltd

Tel: 0161 832 2174

This information is provided by RNS
The company news service from the London Stock Exchange
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