Max Petroleum Strikes 20 Metres of Pay at ESKN-1
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces that the ESKN-1 exploration well in the Eskene North prospect has reached a depth of 1,507 metres with electric logs indicating 20 metres of net pay over an 90 metre gross interval in the Triassic …
Max Petroleum: 1st May Production Update
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces an update on production. Asanketken The ASK-2 well in the Asanketken Field has begun testing in a Jurassic reservoir from depths between 1,302 and 1,305 metres, producing at a stable rate of 616 barrels of …
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: 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: Operations Update for NUR and SAGW
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announces an operational update of its activities in the Blocks A&E Licence area in the Republic of Kazakhstan. Results of SAGW-2 appraisal well The Company has completed drilling the SAGW-2 appraisal well in the Sagiz …
Max Petroleum – East Kyzylzhar I Field Begins Production as the Company Hits Record Daily Production Rate of 5,625 BOPD
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce a production update of its activities in the Blocks A&E Licence area in the Republic of Kazakhstan. The Company began testing the KZIE-1 discovery well in the East Kyzylzhar I Field, flowing …