Max Petroleum Drills a Duster in Kazakhstan

Max Petroleum has completed drilling the KZN-2 exploration well on the North Kyzylzhar II West Block prospect in Block E. The well reached a total depth of 1,457 meters without encountering hydrocarbons and will be plugged and abandoned. The Sun ZJ-30 drilling rig will now move back to drill the BOR-2, the first of two appraisal wells to be drilled in Borkyldakty field discovery over the next few months.

The Company is reviewing the results of its tender for a second shallow drilling rig, which, along with the ZJ-30 drilling rig currently under contract from Sun, will be used to drill the remaining post-salt exploration portfolio, as well as additional appraisal and development wells within the Borkyldakty field.