Max Petroleum Announces Kazakh BSBNE-1 Drilling Update

Source: www.gulfoilandgas.com 10/1/2012, Location: Asia

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the BSBNE-1 exploration well on the Besbolek North-East prospect on Block E using Zhanros Drilling's ZJ-20 rig. Total vertical depth of the well will be approximately 1,580 metres. The Besbolek North-East Prospect is a four-way anticline targeting unrisked mean resources of 10 million barrels of oil in Triassic reservoirs.

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