Max Petroleum abandons exploration well

Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, has announced that it 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 1457 m without encountering hydrocarbons and will be plugged and abandoned.

Change of plan
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.

Read the article online at: https://www.oilfieldtechnology.com/exploration/20042010/max_petroleum_abandons_exploration_well/