Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce successful drilling results of an appraisal well in Sagiz West Field.
The SAGW-12 appraisal well has reached a depth of 1,524 metres with electric logs indicating 13 metres of net oil pay over a 64 metre gross interval in the Triassic Formation at measured depths between 1,185 and 1,249 metres. Reservoir quality is good with porosities ranging from 15% to 27%. The Company is setting production casing in the well and will begin testing SAGW-12 as soon as practicable.
The Zhanros ZJ-30 rig will next move to drill the SAGW-8 well in the central portion of the field, one of five wells remaining in the current appraisal programme at Sagiz West.
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