Max Petroleum commences drilling in Kazakhstan prospect
AIM-listed oil and gas exploration company Max Petroleum has commenced drilling the ESKN-1 exploration well on the Eskene North prospect on a new location on Block E. The company is using the Zhanros Drilling's ZJ-20 rig.
AIM-listed oil and gas exploration company Max Petroleum has commenced drilling the ESKN-1 exploration well on the Eskene North prospect on a new location on Block E. The company is using the Zhanros Drilling's ZJ-20 rig.
The total vertical depth of the well will be approximately 1,400 metres. The Eskene North prospect is a four-way anticline targeting unrisked mean resources of 9 million barrels of oil in Triassic reservoirs.
MF
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
10 vinyl records worth up to £10,000 - is one in your collection?
News Vinyl is experiencing a resurgence and collectors will pay up to £10,000 for some albums - is it time to dust off your old records?
By Marc Shoffman Published
-
FCA: Banks are still short-changing savers
The latest FCA review finds that while public shaming has encouraged providers into offering better deals on savings, many of those with closed accounts are still being shortchanged.
By John Fitzsimons Published