Max Petroleum: Spins Bit at ESKN-1
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the ESKN-1 exploration well on the Eskene North prospect on a new location on Block E using Zhanros Drilling’s ZJ-20 rig. Total vertical depth of the well …
Max Petroleum: BCHW-1 Test Flows at 450 bopd
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces an operational update of its activities in the Blocks A&E Licence area in the Republic of Kazakhstan. Baichonas West The BCHW-1 well at the Baichonas West prospect has begun testing in a Triassic reservoir from …
Max Petroleum News – Equity for Services Share Allotment to Zhanros Drilling LLP
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces that on 17 October 2012 it issued 23,327,652 ordinary shares of 0.01 pence each in the Company (“Shares”) at 5 pence per Share to Zhanros Drilling L.L.P. (“Zhanros”). Application has been made for these Shares …
Max Petroleum: Spins Bit at BSBNE-1
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the BSBNE-1 exploration well on the Besbolek North-East prospect on Block E using Zhanros Drilling’s ZJ-20 rig. Total vertical depth of the well will be approximately 1,580 …
Zhanros Drills Max Petroleum Out of Financial Hole
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces that it has entered into an agreement with Zhanros Drilling L.L.P., one of its drilling contractors, whereby Zhanros will fund up to US$7 million of drilling and workover services in exchange for ordinary shares in …