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Max Strikes More Oil Onshore Kazakhstan

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Kazakhstan-focused Max Petroleum reported Tuesday that its SAGW-6 appraisal well at the onshore Sagiz West field has discovered more oil.

The well, having reached a total vertical depth of 4,770 feet, appears to have found approximately 98 feet of net oil pay over a 305-foot interval, according to electric logs. Max said the reservoir quality appears to be good, with porosities ranging from 15 percent to 23 percent.

Max is now running production casing in the well, which will be completed and placed on test production after obtaining governmental approvals.

Max added that the ZJ-30 rig used for the drill will now move on to drill the SAGW-14 appraisal well near the southern end of the Sagiz West field.

Max first discovered oil at Sagiz West in 2011.



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