15 December 2009
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce today that the ZMA-A12 development well in the Zhana Makat Field has reached a total measured depth of 883 metres, with
10 December 2009
Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan today announces its interim results for the six months ended 30 September 2009.
9 December 2009
On 9 December 2009, the Company received notification that, as of 4 December 2009, Deutsche Bank AG (“DB”) held directly and indirectly a beneficial interest in 36,235,691 ordinary shares in the Company (“Ordinary Shares”), consisting of 5,139,398 Ordinary Shares, convertible bonds held in the Company, which are convertible into 25,756,293 Ordinary Shares at a conversion price of 35p per share
3 December 2009
In conformity with the Financial Services Authority’s Disclosure and Transparency Rules, the Company would like to notify the market that as at 30 November 2009, the issued share capital of Max Petroleum consisted of 411,990,338 ordinary shares...
24 November 2009
On 23 November 2009, the Company received notification that, as of 20 November 2009, Sandell Asset Management Corp. (“Sandell”), on behalf of Castlerigg Master Investments Ltd., held directly and indirectly a beneficial interest in 30,287,127 ordinary shares in the Company (“Ordinary Shares”) consisting of...
17 November 2009
On 16 November 2009, the Company received notification that, as of 28 October 2009, Stichting Pensioenfonds ABP (“ABP”) held a beneficial interest in 33,281,088 ordinary shares in the Company (“Ordinary Shares”), consisting of convertible bonds held in the Company, which are convertible into 24,081,088 Ordinary Shares
17 November 2009
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce today that the ZMA-AN2 development well in the Zhana Makat Field has reached a total measured depth of 780 metres, with well logs indicating 8 metres of net oil pay in the Neocomian sandstone reservoir at true vertical depths of 660 to 668 metres, all in line with expectations.
13 November 2009
On 13 November 2009, the Company received notification that, as of 12 November 2009, FMR LLC held an indirect beneficial interest in 20,125,588 ordinary shares in the Company (“Ordinary Shares”), representing 4.9% of the total voting rights attached to the issued ordinary share capital of the Company.
13 November 2009
The Company announces that, pursuant to a warrant deed to subscribe for Ordinary Shares of 0.01p (“Shares”) of the Company dated 11 August 2009, on 11 November 2009 Credit Suisse Client Nominees UK Limited exercised a right to subscribe for 1,000,000 Shares at an exercise price of 5 pence per Share, resulting in the issue and allotment of 1,000,000 new Shares.
13 November 2009
On 12 November 2009, the Company received notification that, as of 10 November 2009, ARF Energy Limited (“ARF”), following its participation on that date in the syndication of the Company’s Senior Credit Facility (“Credit Facility”) with Macquarie Bank Limited (“Macquarie”), held an indirect beneficial interest in 54,800,001 ordinary shares in the Company (“Ordinary Shares”) consisting of a warrant entitling it to acquire 54,800,001 Ordinary Shares at an exercise price of 4.54-5.67p per share.
13 November 2009
The Company announces that, pursuant to a warrant deed to subscribe for Ordinary Shares of 0.01p (“Shares”) of the Company dated 11 August 2009, on 11 November 2009 Jabre Capital Partners SA Global Fund exercised a right to subscribe for 400,000 Shares at an exercise price of 5 pence per Share, resulting in the issue and allotment of 400,000 new Shares.
12 November 2009
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, announces today that Macquarie Bank Limited (“Macquarie”) has notified the Company that Macquarie has successfully completed the syndication of the Company’s Senior Credit Facility (the “Credit Facility”) and confirmed that the Company’s syndication obligations under the Credit Facility have been satisfied.
4 November 2009
On 4 November 2009, the Company received notification that, as of 3 November 2009, Integrated Core Strategies (Europe) S.a.r.l. had a beneficial interest in the Company of less than 3 percent of the total voting rights attached to the issued ordinary share capital of the Company at that date.
3 November 2009
On 2 November 2009, the Company received notification that, as at 30 October 2009 following the increase in the issued share capital of the Company to 410,113,672 ordinary shares (“Ordinary Shares”) announced on that date, Macquarie Bank Limited (“Macquarie”) held an indirect beneficial interest in 330,316,602 Ordinary Shares, consisting of...
3 November 2009
On 2 November 2009, the Company received notification that, as of 30 October 2009, GLG Partners LP (“GLG”) held an indirect beneficial interest in 60,626,360 ordinary shares in the Company (“Ordinary Shares”), consisting of 64,558 Ordinary Shares, convertible bonds held in the Company, which are convertible into 55,281,802 Ordinary Shares at a conversion price of 35p per share...
2 November 2009
The Company announces that, on 2 November 2009, options were exercised by a former employee over 336,666 ordinary shares of 0.01 pence in the Company (“Shares”) at an exercise price of 4.75 pence per Share...
2 November 2009
The Company is pleased to announce today that on 31 October 2009 drilling commenced on the ZMA-AN2 development well in the Zhana Makat Field on its Blocks A&E Licence area.
30 October 2009
In conformity with the Financial Services Authority’s Disclosure and Transparency Rules, the Company would like to notify the market that as at 30 October 2009, the issued share capital of Max Petroleum consisted of 410,253,672 ordinary shares with voting rights attached (one vote per ordinary share).
29 October 2009
The Company announces that, pursuant to a warrant deed to subscribe for Ordinary Shares of 0.01p (“Shares”) of the Company dated 11 August 2009:
27 October 2009
The Company announces that, pursuant to a warrant deed to subscribe for Ordinary Shares of 0.01p (“Shares”) of the Company dated 11 August 2009, on 26 October 2009 Deutsche Bank AG exercised a right to subscribe for 2,500,000 Shares at an exercise price of 5 pence per Share, resulting in the issue and allotment of 2,500,000 new Shares.
23 October 2009
On 23 October 2009, the Company received notification that, as of 21 October 2009, Sandell Asset Management Corp. (“Sandell”), on behalf of Castlerigg Master Investments Ltd., held directly and indirectly a beneficial interest in 32,688,302 ordinary shares in the Company (“Ordinary Shares”) consisting of 1,198,000 Ordinary Shares, convertible bonds held in the Company, which are convertible into 27,850,302 Ordinary Shares at a conversion price of 35p per share at a fixed USD/GBP exchange rate of $1.49 to £1 and a warrant entitling it to acquire a further 3,640,000 Ordinary Shares at an exercise price of 5p per share.
23 October 2009
On 22 October 2009, the Company received notification that, as at 20 October 2009 following the increase in the issued share capital of the Company to 403,113,672 ordinary shares (“Ordinary Shares”) announced on that date, Macquarie Bank Limited (“Macquarie”) held a beneficial interest in 7,572,706 Ordinary Shares and a warrant entitling it to acquire a further 322,743,896 Ordinary Shares at an exercise price of 4.54-5.67p per share.
21 October 2009
Max Petroleum, an oil and gas exploration and development company focused on Kazakhstan, announces today the results of its third and final prospect review for 2009 based on the Group’s interpretation of 5,240 km2 of proprietary 3D seismic acquired over its two onshore licences in Western Kazakhstan.
20 October 2009
The Company announces that, pursuant to a warrant deed to subscribe for Ordinary Shares of 0.01p (“Shares”) of the Company dated 11 August 2009, on 19 October 2009 Credit Suisse Client Nominees Ltd exercised a right to subscribe for 1,000,000 Shares at an exercise price of 5 pence per Share, resulting in the issue and allotment of 1,000,000 new Shares.
15 October 2009
Max Petroleum, an oil and gas exploration and development company focused on Kazakhstan, today announces that additional options to subscribe for new ordinary shares of 0.01p each in the Company (“Ordinary Shares”) were granted to the Directors and employees of the Company on 13 October 2009 at an exercise price of 18.75p per share, of which one third are exercisable in equal amounts on the first, second and third anniversaries of the date of grant.
15 October 2009
On 14 October 2009, the Company received notification that, as of 8 October 2009, Deutsche Bank AG (“DB”) held directly and indirectly a beneficial interest in 37,792,703 ordinary shares in the Company (“Ordinary Shares”), consisting of 4,196,409 Ordinary Shares, convertible bonds held in the Company, which are convertible into 25,756,294 Ordinary Shares at a conversion price of 35p per share at a fixed USD/GBP exchange rate of $1.49 to £1, and a warrant entitling DB to acquire a further 7,840,000 Ordinary Shares at an exercise price of 5p per share.
14 October 2009
The Company announces that, pursuant to a warrant deed to subscribe for Ordinary Shares of 0.01p (“Shares”) of the Company dated 11 August 2009:
13 October 2009
Max Petroleum today announces that at the Annual General Meeting of the Company held at 10:00 a.m. today, all the resolutions proposed, as set out in the notice of the meeting to shareholders dated 16 September 2009, were duly passed.
8 October 2009
On 7 October 2009, the Company received notification that, as at 7 October 2009 following the increase in the issued share capital of the Company to 397,863,672 ordinary shares (“Ordinary Shares”) announced on that date, Macquarie Bank Limited (“Macquarie”) held a beneficial interest in 7,572,706 Ordinary Shares and a warrant entitling it to acquire a further 322,743,896 Ordinary Shares at an exercise price of 4.54-5.67p per share.
7 October 2009
The Company announces that, pursuant to a warrant deed to subscribe for Ordinary Shares of 0.01p (‘Shares’) of the Company dated 11 August 2009:
7 October 2009
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, announces today that Macquarie Bank Limited (“Macquarie”) has extended the agreed timetable for the syndication of up to 50% of the Company’s senior credit facility with Macquarie from 30 September 2009 to 15 November 2009 in order to allow Macquarie time to complete its ongoing syndication discussions with applicable third parties.
6 October 2009
On 5 October 2009, the Company received notification that, as of 30 September 2009, GLG Partners LP (“GLG”) held an indirect beneficial interest in 76,401,802 Ordinary Shares, consisting of 15,840,000 ordinary shares in the Company (“Ordinary Shares”), convertible bonds held in the Company, which are convertible into 55,281,802 Ordinary Shares at a conversion price of 35p per share at a fixed USD/GBP exchange rate of $1.49 to £1, and a warrant entitling GLG to acquire a further 5,280,000 Ordinary Shares at an exercise price of 5p per share.
5 October 2009
On 2 October 2009, the Company received notification that Integrated Core Strategies (Europe) S.a.r.l. (“ICS”) held an indirect beneficial interest in 14,470,038 Ordinary Shares, consisting of convertible bonds held in the Company, which are convertible into 10,470,038 Ordinary Shares at a conversion price of 35p per share at a fixed USD/GBP exchange rate of $1.49 to £1, and a warrant entitling ICS to acquire a further 4,000,000 Ordinary Shares at an exercise price of 5p per share.
2 October 2009
The Company announces that, pursuant to a warrant deed to subscribe for Ordinary Shares of 0.01p (‘Shares’) of the Company dated 11 August 2009, on 30 September 2009 Deutsche Bank AG exercised a right to subscribe for Shares at an exercise price of 5 pence per Share, resulting in the issue and allotment of 3,500,000 new Shares.
1 October 2009
Max Petroleum, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce the appointment of James J. Emme as Senior Vice President of Exploration. Following the recent relocation of the Group’s Chief Operating Officer, Richard Hook, from Houston to Almaty, Jim Emme is responsible for managing the farmout process for the Group’s Astrakhanskiy and Blocks A&E licence areas and the geological and geophysical technical team in Houston.
30 September 2009
In conformity with the Financial Services Authority’s Disclosure and Transparency Rules, the Company would like to notify the market that as at 30 September 2009, the issued share capital of Max Petroleum consisted of 391,313,672 ordinary shares with voting rights attached (one vote per ordinary share).
29 September 2009
The Company announces that, pursuant to a warrant deed to subscribe for Ordinary Shares of 0.01p (‘Shares’) of the Company dated 11 August 2009, Credit Suisse Client Nominees UK Limited have exercised a right to subscribe for Shares at an exercise price of 5 pence per Share, resulting in the issue and allotment of 12,420,000 new Shares.
24 September 2009
The Company announces that, pursuant to a warrant deed to subscribe for Ordinary Shares of 0.01p (‘Shares’) of the Company dated 11 August 2009, GLG Partners LP have exercised a right to subscribe for Shares at an exercise price of 5 pence per Share, resulting in the issue and allotment of 3,420,000 new Shares.
22 September 2009
The Company received notification on 21 September 2009 that, as at 16 September 2009, Česká spořitelna had a beneficial interest in the Company of 14,814,923 ordinary shares, representing 3.95 percent of the total voting rights ...
16 September 2009
Max Petroleum, an oil and gas exploration and development company focused on Kazakhstan, today announces the publication of its annual report and accounts for the year ended 31 March 2009. The Company also announces that its Annual General Meeting will be held at 10:00 am on Tuesday 13 October 2009 at The Lansdowne Club...
15 September 2009
On 11 September 2009, the Company received notification that, as of 8 September 2009, Sandell Asset Management Corp. (“Sandell”), on behalf of Castlerigg Master Investments Ltd., held an indirect beneficial interest in 25,503,356 Ordinary Shares arising from conversion rights of convertible bonds held in the Company...
10 September 2009
On 9 September 2009, the Company received notification that GLG Partners LP (“GLG”) held an indirect beneficial interest in 71,743,202 Ordinary Shares, consisting of convertible bonds held in the Company, which are convertible into 50,623,202 Ordinary Shares at a conversion price of 35p per share...
4 September 2009
The Company has notified the holders of its U.S.$75,000,000 6.75 per cent Convertible Bonds due 2012 (ISIN: XS0263784786) (the “Bonds”) of its intention to defer the interest payment otherwise due in respect of the Bonds on 8 September 2009.
3 September 2009
On 2 September 2009, the Company received notification that, as at 28 August 2009 following the increase in the issued share capital of the Company to 375,473,672 ordinary shares announced on that date, Macquarie Bank Limited (“Macquarie”) held a beneficial interest in 7,572,706 ordinary shares in the Company (“Ordinary Shares”) and a warrant entitling it to acquire a further 322,743,896 Ordinary Shares...
2 September 2009
The Company received notification on 1 September 2009 that, as at 28 August 2009, following the increase in the issued share capital of the Company to 375,473,672 ordinary shares announced on that date, BT Pension Scheme Trustees Limited had a beneficial interest in the Company of 11,119,700 ordinary shares...
28 August 2009
In conformity with the Financial Services Authority’s Disclosure and Transparency Rules, the Company would like to notify the market that as at 28 August 2009, the issued share capital of Max Petroleum consisted of 375,473,672 ordinary shares with voting rights attached...
25 August 2009
The Company announced today that, pursuant to a warrant deed to subscribe for ordinary shares of the Company dated 12 August 2009, Mr. Jaime Vieser elected for the cashless exercise of his right to subscribe for 12,500,000 Ordinary Shares at an exercise price of 4.538p per ordinary share...
17 August 2009
Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, announces today that the loan commitment under its senior credit facility (the “Credit Facility”) with Macquarie Bank Limited (“Macquarie”) has been increased to US$80 million. The Company also amended the Credit Facility ....
4 August 2009
Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, announces today that it has executed a two-year drilling contract (the “Contract”) with Sun Drilling LLP, who have operated in Kazakhstan since 2001. The Contract provides the Company with a Z-J30 rig...
3 August 2009
On 31 July 2009, the Company received notification that, as of 29 July 2009, Deutsche Bank AG (“DB”) and its subsidiaries held a beneficial interest in 824,972 ordinary shares in the Company (“Ordinary Shares”) and an indirect beneficial interest in 23,585,810 Ordinary Shares arising from conversion rights of convertible bonds held in the Company...
31 July 2009
On 31 July 2009, the Company received notification that, as of 28 July 2009, Deutsche Bank AG (“DB”) and its subsidiaries held a beneficial interest in 3,324,972 ordinary shares in the Company (“Ordinary Shares”) and an indirect beneficial interest in 23,585,810 Ordinary Shares arising from conversion rights of convertible bonds held in the Company...
22 July 2009
On 21 July 2009, the Company received notification that, as of 17 July 2009, Deutsche Bank AG (“DB”) and its subsidiaries held a beneficial interest in 5,807,528 ordinary shares in the Company (“Ordinary Shares”) and an indirect beneficial interest in 23,585,810 Ordinary Shares arising from conversion rights of convertible bonds...
26 June 2009
The Company received notification on 26 June 2009 that, as at 24 June 2009, Fidelity International Limited had a beneficial interest in the Company of 18,872,920 ordinary shares, representing 5.16 percent of the total voting rights attached to the issued ordinary share capital of the Company.
25 June 2009
On 25 June 2009, the Company received notification that, as of 23 June 2009, Deutsche Bank AG (“DB”) and its subsidiaries held a beneficial interest in 3,149,849 ordinary shares in the Company (“Ordinary Shares”) and an indirect beneficial interest in 23,585,810 Ordinary Shares arising from conversion rights of convertible bonds held in the Company...
22 June 2009
On 22 June 2009, the Company received notification that, as of 19 June 2009, BT Pension Scheme Trustees Limited had a beneficial interest in the Company of 11,119,700 ordinary shares, representing 3.044 per cent of the total voting rights attached to the issued ordinary share capital of the Company at that date.
18 June 2009
On 17 June 2009, the Company received notification that Stichting Pensioenfonds ABP (“ABP”) held an indirect beneficial interest in 22,051,773 Ordinary Shares arising from conversion rights of convertible bonds held in the Company...
15 June 2009
On 3 June 2009, the Company received notification that Macquarie Bank Limited (“Macquarie”) held a beneficial interest in 7,572,706 ordinary shares in the Company (“Ordinary Shares”) and a warrant entitling it to acquire a further 121,759,579 Ordinary Shares...
15 June 2009
On 11 June 2009, the Company received notification that GLG Partners LLP (“GLG”) held an indirect beneficial interest in 49,664,430 Ordinary Shares arising from conversion rights of convertible bonds held in the Company...
27 May 2009
On 26 May 2009, the Company received notification that, as of 22 May 2009, BT Pension Scheme Trustees Limited had a beneficial interest in the Company of 15,032,600 ordinary shares, representing 4.115 per cent. of the total voting rights attached to the issued ordinary share capital of the Company at that date.
12 May 2009
Max Petroleum today announces that at the Bondholder Meeting of the Company held at 3:00 p.m. today, the extraordinary resolution proposed to authorise and direct the Trustee to agree with the Company to modify the provisions of the Trust Deed to give effect to the restructuring of the Company’s U.S.$75,000,000 6.75 per cent. Convertible Bonds due 2011, as set out in the notice of the meeting to Bondholders dated 17 April 2009, was unanimously passed.
12 May 2009
Max Petroleum today announces that at the Extraordinary General Meeting of the Company held at 1:00 p.m. today, all resolutions proposed, as set out in the notice of the meeting to shareholders dated 17 April 2009, were duly passed.
7 May 2009
Max Petroleum, an oil and gas exploration and development company focused on Kazakhstan, announces today that the Ministry of Energy and Mineral Resources of the Republic of Kazakhstan (“MEMR”) has approved the amendment of the Company’s Astrakhanskiy Block subsoil use licence...
1 May 2009
On 30 April 2009, the Company received notification that, as of 29 April 2009, Deutsche Bank AG and its subsidiaries had a beneficial interest in the Company of less than 3 percent of the total voting rights attached to the issued ordinary share capital of the Company at that date.
24 April 2009
On 23 April 2009, the Company received notification that, as of 22 April 2009, Deutsche Bank AG and its subsidiaries had a beneficial interest in the Company of 13,284,522 ordinary shares, representing 3.64% percent of the total voting rights attached to the issued ordinary share capital of the Company at that date.
16 April 2009
The Company today announces that it intends to convene an Extraordinary General Meeting (the "EGM") to be held at the Lansdowne Club, 9 Fitzmaurice Place, London W1J 5JD at 1 p.m. on 12 May 2009. A notice of EGM will be posted to shareholders of the Company (the “Shareholders”) tomorrow to convene the EGM.
The Company also announces that ...
2 April 2009
On 01 April 2009, the Company received notification that, as of 30 March 2009, Deutsche Bank AG and its subsidiaries had a beneficial interest in the Company of 17,565,850 ordinary shares, representing 4.81% percent of the total voting rights attached to the issued ordinary share capital of the Company at that date.
23 March 2009
The Company received notification on 20 March 2009 that, as of 19 March 2009, Deutsche Bank AG and its subsidiaries had a beneficial interest in the Company of 21,781,750 ordinary shares, representing 5.96% percent of the total voting rights attached to the issued ordinary share capital of the Company at that date.
12 March 2009
Max Petroleum, an oil and gas exploration and development company focused on Kazakhstan, announces today an update to its strategic plan through the period ending 31 December 2010 (the “Strategic Plan”).
24 February 2009
Max Petroleum, an oil and gas exploration and development company focused on Kazakhstan, today announces certain adjustments to the terms of all share options held by the Company’s current employees and Directors, resulting in the exercise price of existing options to subscribe for 36.4 million ordinary shares of 0.01p each in the capital of the Company (“Ordinary Shares”) being changed to 4.75p per Ordinary Share.
In addition, further options to subscribe for Ordinary Shares have been granted to Executive Directors of the Company as follows...
24 February 2009
Max Petroleum, an oil and gas exploration and development company focused on Kazakhstan, has received undertakings from holders representing US$60.5 million of its US$75 million 6.75% convertible bonds due 2011 (the “Bonds”) to defer the next coupon payment under the terms of the Bonds, which is due on 8 March 2009, until 8 September 2009.
24 February 2009
Max Petroleum, an oil and gas exploration and development company focused on Kazakhstan, announces today that it has amended its senior credit facility (the “Credit Facility”) with Macquarie Bank Limited (“Macquarie”), increasing the potential borrowing base available under the Credit Facility from $50 million to $100 million subject to certain terms and conditions.
9 February 2009
The Company received notification on 6 February 2009 that, as at 5 February 2009, Credit Suisse Securities (Europe) Limited had a beneficial interest in the Company of 14,900,013 ordinary shares, representing 4.08 percent of the total voting rights attached to the issued ordinary share capital of the Company.
6 February 2009
Max Petroleum, an oil and gas exploration and development company focused on Kazakhstan, today announces management changes designed to enhance the Group’s ability to execute both its immediate and long-term objectives...
4 February 2009
The Company received notification on 4 February 2009 that, as at 2 February 2009, Credit Suisse Securities (Europe) Limited had a beneficial interest in the Company of 19,151,954 ordinary shares, representing 5.24 percent of the total voting rights attached to the issued ordinary share capital of the Company.
30 January 2009
The Company received notification on 30 January 2009 that, as at 29 January 2009, BT Pension Scheme Trustees Limited had a beneficial interest in the Company of 11,302,100 ordinary shares, representing 3.09 percent of the total voting rights attached to the issued ordinary share capital of the Company.
30 January 2009
The Company received notification on 29 January 2009 that, as at 28 January 2009, Fidelity International Limited had a beneficial interest in the Company of 13,305,357 ordinary shares, representing 3.64 percent of the total voting rights attached to the issued ordinary share capital of the Company.
14 January 2009
The Company received notification on 13 January 2009 that, as at 09 January 2009, Credit Suisse Securities (Europe) Limited had a beneficial interest in the Company of 15,823,009 ordinary shares, representing 4.33 percent of the total voting rights attached to the issued ordinary share capital of the Company.
5 January 2009
The Company received notification on 31 December 2008 that, as at 29 December 2008, Credit Suisse Securities (Europe) Limited had a beneficial interest in the Company of 21,368,122 ordinary shares, representing 5.84 percent of the total voting rights attached to the issued ordinary share capital of the Company.
