Max Reports Successful Kazakh Appraisal Well

Central Asia-focused Max Petroleum reported Monday that its SAGW-8 appraisal well on the Sagiz West field onshore Kazakhstan has proved successful.

Max said the well reached a vertical depth of 4,432 feet. Electric logs indicated 23 feet of net pay over a 79-foot interval in the Triassic formation at vertical depths of between 4,019 feet and 4,098 feet.

The firm added that reservoir quality also proved to be "very good" with porosities ranging from between 15 and 25 percent. Production casing is now being set in the well and testing will begin as soon as possible.

The well was drilled using the Zhanros ZJ-30 rig, which will now move on to drill the SAGW-11 well in the southern portion of the field. SAGE-11 is one of four wells remaining in the firm's current appraisal program at Sagiz West.


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