Max Petroleum strikes oil

Max Petroleum has struck oil in Kazakhstan but said the reservoir was thinner than expected.

Max Petroleum has struck oil in Kazakhstan but said the reservoir was thinner than expected.

The firm said its exploration well in the Baichonas West prospect had reached a depth of 1,430 metres with electric logs indicating 13 metres of net pay over a 20 metre interval in the Jurassic Formation at measured depths between 1,170 and 1,190 metres.

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