Max Petroleum finds no commercial hydrocarbons in appraisal well in Kazakhstan
Baku, Azerbaijan, Jan. 21
By Elena Kosolapova - Trend: Max Petroleum Plc has completed drilling the SAGW-11 appraisal well in the Sagiz West Field in Kazakhstan to a vertical depth of 1,429 metres without encountering sufficient hydrocarbons to be commercial, the company reported on Jan. 20.
The appraisal well will be plugged and abandoned.
The Zhanros ZJ-30 rig will next move to drill the SAGW-10 well, one of three wells remaining in the current appraisal programme at Sagiz West.
Max Petroleum Plc is an oil and gas exploration and production company focused on Kazakhstan. The company holds 100 percent of the Blocks A and E at the license area covering over 12,455 squire kilometers in the highly prolific Pre-Caspian Basin in West Kazakhstan