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Drilling Update

25 Jan 2012 07:00

RNS Number : 1185W
Max Petroleum PLC
25 January 2012
 



Max Petroleum Plc

(the "Company")

 

Drilling Update

 

25 January 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 SAGW-3 appraisal well on the Sagiz West Field in Block E. Total depth of the well will be approximately 1,400 metres, targeting Triassic reservoirs.

 

 

 

Enquiries:

 

Max Petroleum Plc

 

 

Michael Young

President and Chief Financial Officer

Tel: +44 (0)20 7355 9590

 

Tom Randell

Director of Investor Relations

 

Merlin PR

 

David Simonson / Anca Spiridon

Tel: +44 (0)207 726 8400

WH Ireland Ltd

 

Daniel Bate / Robin Gwyn

Tel: +44 (0)161 832 2174

 

Macquarie Capital

Paul Connolly / Steve Baldwin

Tel: +44 (0)203 037 2000

 

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