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Max Petroleum commences drilling at Zhana Makat

AIM-listed oil and gas exploration and production company, Max Petroleum, has commenced drilling the ZMA-A22 development well in the Zhana Makat Field on Block E in Kazakhstan.

by: moneyweek
11 Mar 2013

AIM-listed oil and gas exploration and production company, Max Petroleum, has commenced drilling the ZMA-A22 development well in the Zhana Makat Field on Block E in Kazakhstan.

The company reported that it used the Zhanros Drilling ZJ-20 rig.

The total vertical depth of the well is expected to be approximately 1,338 metres targeting Jurassic and Triassic reservoirs.

Max Petroleum's share price was unchanged at 4.45p at 10:32 after a day high of 4.53p.

MF

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