Max Petroleum begins drilling on new exploration well

Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, has started drilling on the DOSNW-1 exploration well on the Dossor North West prospect on Block E.

Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, has started drilling on the DOSNW-1 exploration well on the Dossor North West prospect on Block E.

The well will be drilled to a total depth of around 1,400 metres.

The prospect is targeting unrisked mean resources of seven million barrels of oil.

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The share price rose 3.07% to 4.36p by 08:44.

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