MXP.L Share News (MXP)

Kazakhstan-focused oil and gas explorer Max Petroleum has started drilling work on its ZMA-AN2 development well.The well is in the Zhana Makat Field on its Blocks A&E licence area. The group has matured 12 drillable post-salt shallow prospects in this area, ranging in estimated size from 9m to 48m barrels of oil, and has 15 mapped leads and prospects in the pre-salt deep area.Once drilling work on the ZMA-AN2 well has been completed the rig drill will be shifted to drill a second development well in the Zhana Makat field before being moved to the Borkyldakty exploration well.After that, the rig will be used on the rest of the group's post-salt exploration portfolio.