17 May 2012
On 16 May 2012, the Company received notification that, as of 11 May 2012, GLG Partners LP (“GLG”) held a beneficial interest in 58,401,078 ordinary shares in the Company (“Ordinary Shares”), consisting of convertible bonds held in the Company, which are convertible into 55,101,078 Ordinary Shares on a delta adjusted basis at a conversion price of 32p per share at a fixed USD/GBP exchange rate of $1.49 to £1, and a warrant entitling
14 May 2012
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces that the ASK-J1 appraisal well in the Asanketken Field has reached a total depth of 1,378 metres with electric logs indicating 36 metres of net oil pay. This includes 27 metres of high quality net oil pay in five zones at depths ranging from 1,240 to
4 May 2012
On 3 May 2012, the Company received notification that, as of 1 May 2012, UBS Investment Bank held directly a beneficial interest in 41,365,900 ordinary shares in the Company, representing 4% of the total voting rights attached to the issued ordinary share capital of the Company.
1 May 2012
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces an update on production.
30 April 2012
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announces an update on drilling at the NUR-1 pre-salt well at the Emba B prospect on Block E. The Company has successfully sidetracked the well around drilling tools that became stuck in early April. After setting intermediate casing at a depth of 5,683
16 April 2012
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce an update on production test results and development plans for its Uytas Field.
10 April 2012
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces that it has commenced drilling the ASK-J1 development well in the Asanketken Field in Block E. Total depth of the well will be approximately 1,370 metres, targeting Jurassic reservoirs.
5 April 2012
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces an update on drilling at the NUR-1 pre-salt well at the Emba B prospect on Block E. The well
3 April 2012
On 2 April 2012, the Company received notification that, as of 30 March 2012, Henderson Global Investors (“Henderson”) held a beneficial interest in 119,228,633 ordinary shares in the Company (“Ordinary Shares”), consisting of 95,528,969 Ordinary Shares and
30 March 2012
On 30 March 2012, the Company received notification that, as of 28 March 2012, UBS Investment Bank held directly a beneficial interest in 30,680,300 ordinary shares in the Company, representing 3% of the total voting rights attached to the issued ordinary share capital of the Company.
16 March 2012
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces that the Kazakh Government has granted regulatory approval to convert the Zhana Makat Field to full field development (“FFD”) status effective immediately. FFD approval will allow Max Petroleum to develop and produce the Zhana
8 March 2012
On 6 March 2012, the Company received notification that, as of 1 March 2012, GLG Partners LP (“GLG”) held a beneficial interest in 29,455,394 ordinary shares in the Company (“Ordinary Shares”), consisting of convertible bonds held in the Company, which are convertible into 26,155,394 Ordinary Shares on a delta adjusted basis at a conversion price of 32p per share at a fixed USD/GBP exchange rate of $1.49 to £1, and a warrant entitling GLG to acquire a further 3,300,000 Ordinary Shares at an exercise price of 5p per share.
5 March 2012
The Company announces that on 2 March 2012 options were exercised over 300,000 ordinary shares of 0.01 pence in the Company (“Shares”) at an exercise price of 4.75 pence per Share. Application has been made for these Shares to be admitted to trading on AIM on 9 March 2012.
29 February 2012
In conformity with the Financial Services Authority’s Disclosure and Transparency Rules, the Company would like to notify the market that as at 29 February 2012, the issued ordinary share capital of Max Petroleum consists of 1,018,188,858 ordinary shares with voting rights attached (one vote per ordinary share). There are no ordinary shares held in Treasury.
27 February 2012
The Company announces today that on 23 February 2012, pursuant to a warrant deed to subscribe for ordinary shares of the Company dated 12 August 2009, a warrantholder elected for the cashless exercise of its right to subscribe for 10,000,000 Ordinary Shares at an exercise price of 4.538 – 5.673p per ordinary share, resulting in the issue and allotment of 6,414,110 new Ordinary Shares.
27 February 2012
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announces an operational update on the results of the SAGW-3 appraisal well, progress with drilling operations at the NUR-1 well on the Emba B prospect and a report on the impact on operations of recent severe weather.
24 February 2012
On 23 February 2012, the Company received notification that, as at 21 February 2012 Macquarie Bank Limited (“Macquarie”) held directly a beneficial interest in 200,956,720 ordinary shares in the Company (“Ordinary Shares”), consisting of 199,981,965 Ordinary
21 February 2012
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has appointed Oriel Securities Limited as joint corporate broker, to work alongside Macquarie Capital (Europe) Limited, with immediate effect.
2 February 2012
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has begun testing a second Triassic reservoir in the SAGW-1 well in the Sagiz West Field at depths between 1,243 to 1,255 metres, flowing 43 API gravity oil at a stable rate of 430 barrels of oil per day (“bopd”) over a 17-hour
25 January 2012
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the SAGW-3 appraisal well on the Sagiz West Field in Block E. Total depth of the well will be approximately 1,400 metres, targeting Triassic reservoirs.
9 January 2012
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce today an operational update of its activities in the Blocks A&E Licence area in the Republic of Kazakhstan.
