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17

Successful well result at Sagiz West

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce the SAGW-6 appraisal well in the Sagiz West Field has reached a total vertical depth of 1,453 metres, with electric logs indicating 30 metres of net oil pay over a 93 metre interval at depths ranging from 1,194 to 1,287 metres.

Successful well result at Sagiz West Successful well result at Sagiz West

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce the SAGW-6 appraisal well in the Sagiz West Field has reached a total vertical depth of 1,453 metres, with electric logs indicating 30 metres of net oil pay over a 93 metre interval at depths ranging from 1,194 to 1,287 metres.

Reservoir quality appears good with porosities ranging from 15 % to 23%.

 

The Company is running production casing in the well, which will be completed and placed on test production after obtaining the requisite governmental approvals.

 

The ZJ-30 drilling rig will next move to drill the SAGW-14 appraisal well near the southern end of the Sagiz West Field.

Source : Neftegaz.RU