Kazakhstan Chamber of Commerce in the USA

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Max spuds new wells

Posted on October 13, 2011 by Alex

Max Petroleum, a small Kazakhstan- focused oil explorer,  spudded  a new exploration well at the Zhalgyz  South prospect in Block A, the company said on Tuesday.  The resource potential of the Zhalgyz South prospect has been estimated at 18 million barrels of oil.

On Monday, Max announced the spudding  of the ZMA-E2 exploration well in the Zhana Makat field,  a week after reporting positive results from the previous Zhana Makat well, ZMA-A23, which intersected 10 meters of net oil pay.

SOURCE: SRI, Kazakhstan Daily News Brief, Issue dated October 12, 2011

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