Merchant Securities issued a research note on Max this morning in order to bring its target price for the Kazakhstani oil explorer up to date with operational news released by the firm. The broker now believes the shares are worth 35.2 pence each
Max Petroleum is an independent oil and gas exploration and production company focused on Kazakhstan. The Company is a public limited company incorporated in the United Kingdom and listed on AIM. The Company holds a 100% interest in Blocks A&E Licence area covering over 12,455 km2 in the highly prolific Pre-Caspian Basin in Western Kazakhstan. The Pre-Caspian Basin has produced some of the world’s largest oil and gas discoveries, including the super-giant Tengiz, Kashagan, Karachaganak and Astrakhan fields, which range in size from seven to 20 billion barrels of oil equivalent in recoverable reserves.
22/05/12
Drilling Update22/05/12
Holding(s) in Company17/05/12
Holding(s) in Company14/05/12
Drilling Update04/05/12
Holding(s) in Company01/05/12
Production Update30/04/12
Drilling Update16/04/12
Uytas Field Operational Update10/04/12
Drilling Update05/04/12
Drilling Update01/12/11
Merchant Securities issued a research note on Max this morning in order to bring its target price for the Kazakhstani oil explorer up to date with operational news released by the firm. The broker now believes the shares are worth 35.2 pence each
12/09/11
Merchant Securities initiated coverage of Max Petroleum with a 27.2 pence price target this morning, but Max’s hydrocarbons discovery at Sagiz West announced today led the broker to rush out a note stating it would be increasing its valuation to “around 40 pence”
20/12/07
01/05/12
Max Petroleum shares up as it unveils production numbers16/04/12
Max Petroleum says Uytas field in Kazakhstan larger than initially thought05/04/12
Max Petroleum falls after drilling of NUR-1 well suffers setback16/03/12
Max Petroleum lifted by development approval for Zhana Makat field in Kazakhstan27/02/12
Max Petroleum declares SAGW-3 well in Kazakhstan a success02/02/12
Max Petroleum reports flow test results from two wells in Kazakhstan25/01/12
Max Petroleum starts drilling next Sagiz West appraisal well09/01/12
Max Petroleum expects to evaluate entire post-salt inventory in 201228/12/11
Max Oil confident of successful appraisal of Sagiz West field16/12/11
Max Petroleum given more time to convert Zhana Makat oilfield to full production status