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3 Jun 2013 07:00
Max Petroleum Plc
(the "Company")
Drilling Update
3 June 2013
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announces that it has completed drilling the UTS-5 exploration well on the Uytas North prospect on Block A. The well reached a total depth of 931 metres without encountering producible hydrocarbons and will be plugged and abandoned. The Zhanros ZJ-20 rig will next move to the Uytas Field to drill the UTS-8 well, which, if successful, will extend the Western limits of the Uytas Field.
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MXP.L (MXP)
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