Max Petroleum: Spins Speculative Bit at UTS-8
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the UTS-8 appraisal well in the Uytas Field on Block A using Zhanros Drilling’s ZJ-20 rig. The well will be drilled to a total vertical depth of 900 …
Max Petroleum: Strikes Dust at UTS-5
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 …
Max Petroleum: Spins Bit at SAGW-4
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-4 appraisal well in the Sagiz West Field on Block E using Zhanros Drilling’s ZJ-30 rig. The well will be drilled to a vertical depth of …
Max Petroleum: Commences Drilling at Uytas North, UTS-5
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the UTS – 5 exploration well in the Uytas North prospect on Block A using Zhanros Drilling’s ZJ – 20 rig. The Uytas North prospect is a …
Max Petroleum: Spins Bit at Zhana Makat ZMA-E5
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the ZMA-E5 development well in the Zhana Makat Field on Block E using Zhanros Drilling’s ZJ-20 rig. Total vertical depth of the well will be approximately 885 …
Max Petroleum: ZMA-A24 Strikes Hydrocarbons
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announces that the ZMA – A24 development well in the Zhana Makat Field has successfully reached a total depth of 871 metres, encountering hydrocarbons in Jurassic sandstone reservoirs in line with expectations. The Company plans …
Max Petroleum: Further Success at Zhana Makat ZMA-A22
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announces that the ZMA-A22 development well in the Zhana Makat Field has successfully reached a total depth of 1,363 metres, encountering hydrocarbons in Jurassic and Triassic sandstone reservoirs in line with expectations. The Company plans …
Max Petroleum: Closing of Second Tranche of Sberbank Facility
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has completed the closing of the final US$30 million tranche of its senior credit facility with SB Sberbank JSC, allowing the Company to draw down the entire US$90 million in …
Max Petroleum: NUR-1 License Extension
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that the Ministry of Oil and Gas of the Republic of Kazakhstan (“MOG”) has advised the Company that it will provide various regulatory approvals for the Blocks A&E Licence in Western Kazakhstan …
Max Petroleum: Strikes Hydrocarbons at ZMA-A20, Zhana Makat
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announces that the ZMA-A20 development well in the Zhana Makat Field has successfully reached a total depth of 924 metres, encountering hydrocarbons in Necomian and Jurassic sandstone reservoirs in line with expectations. The Company plans …