Max Petroleum finds no oil in Kazakhstan.

By bne IntelliNews September 21, 2012
Max Petroelum found no oil at well on the Dossor North-West prospect, the company has informed. The DOSNW-1 exploration well reached a total depth of 1,334 meters. The company plans to move the rig to drill the Besbolek North-East exploration prospect in Block E. This prospect is believed to hold 10mn barrels. As a result of the announcement, the companys shares plunged by 8%. Max Petroleum is a small oil producer focused on Kazakhstan.

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