Max Petroleum begins drilling ZMA-E6 well in Kazakhstan

AIM-listed oil and gas exploration company Max Petroleum has commenced drilling the ZMA-E6 development well in the Zhana Makat Field in Kazakhstan, an operational update has shown.

The company, reported that it is using Zhanros Drilling's ZJ-20 rig and said that the total vertical depth of the well would be approximately 900m targeting Jurassic reservoirs.

The Jurassic period is a geological period extending from approximately 200m years ago to 145m years ago.

Max Petroleum's share price was down 0.55% to 3.63% at 11:17 on Tuesday. This followed a day high of 3.72p per share.

MF