Max Petroleum: NUR-1 Sidetracking Frees Stuck Tool
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announces an update on drilling at the NUR-1 pre-salt well at the Emba B prospect on Block E. The Company has successfully sidetracked the well around drilling tools that became stuck in early April. After setting intermediate …
Max Petroleum: Uytas Field Well Test Positive
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce an update on production test results and development plans for its Uytas Field. Highlights include: Interpretation of 3D seismic data acquired in late 2011 has revealed a structure larger than previously …
Max Petroleum: Drilling in the Asanketken Field
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces that it has commenced drilling the ASK-J1 development well in the Asanketken Field in Block E. Total depth of the well will be approximately 1,370 metres, targeting Jurassic reservoirs. Source
Max Petroleum NUR-1 Drilling Update
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces an update on drilling at the NUR-1 pre-salt well at the Emba B prospect on Block E. The well has reached the top of the Kungarian salt at a depth of 5,718 metres. Upon drilling …
Max Petroleum: Zhana Makat Field Placed on Full Field Development
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces that the Kazakh Government has granted regulatory approval to convert the Zhana Makat Field to full field development (“FFD”) status effective immediately. FFD approval will allow Max Petroleum to develop and produce the Zhana Makat …
Max Petroleum – Successful Appraisal Well Drilled in Sagiz West Field
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announces an operational update on the results of the SAGW-3 appraisal well, progress with drilling operations at the NUR-1 well on the Emba B prospect and a report on the impact on operations of recent …
Max Petroleum – Exercise of Warrants
The Company announces today that on 23 February 2012, pursuant to a warrant deed to subscribe for ordinary shares of the Company dated 12 August 2009, a warrantholder elected for the cashless exercise of its right to subscribe for 10,000,000 Ordinary Shares at an exercise price of 4.538 – 5.673p …
Max Petroleum Tests SAGW-1 and ASK-1
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has begun testing a second Triassic reservoir in the SAGW-1 well in the Sagiz West Field at depths between 1,243 to 1,255 metres, flowing 43 API gravity oil at a …
Max Petroleum: SAGW-3 Bit Spins
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. Source
Max Petroleum: Operations Update Jan 2012
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce today an operational update of its activities in the Blocks A&E Licence area in the Republic of Kazakhstan. The Company has matured three additional prospects into its drillable post-salt prospect inventory based …