Max Finds Oil with Kazakh Appraisal Well

Kazakhstan-focused Max Petroleum reported Monday that its UTS-11 appraisal well in the country's Uytas field has found oil after successfully reaching a total depth of 1,475 feet.  

Max said that electric logs indicate a total of 85 feet of net oil pay in Cretaceous and Jurassic reservoirs. This includes 36 feet of net pay in the Cretaceous Aptian section in a 197-foot interval with continuous shows at depths ranging from 384 feet to 581 feet, which the firm pointed out was consistent with previous wells in the field.

The Jurassic section includes 49 feet of new oil pay in a 217-foot interval with continuous shows at depths ranging from 1,057 feet and 1,273 feet.

Reservoir quality in both the Cretaceous and Jurassic sections was described by Max as "excellent", with average porosities of 35 percent.

Max said the Zhanros ZJ-20 rig will now more to drill the UTS-10 well, the third of 13 appraisal wells to be drilled in the Uytas field during the next several months.

Max also announced that it has awarded a tender for a third rig to Zhanros Drilling to complete the remaining 10 wells in the 2013 Uytas appraisal program.



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