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Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has begun testing the ASK-1 exploration well in the Asanketken Field, successfully producing 35 degree API oil at a stable rate of 672 barrels of oil per day (“bopd”) from perforations in a Jurassic reservoir from depths of 1,281 to 1,287 metres during a 12 hour period.
The well has been connected to temporary production facilities and will be placed on long-term test production. With the addition of ASK-1, the Company’s current daily production is 3,671 bopd. This daily rate is variable due to several high rate wells being subject to occasional shut-in during long-term testing.
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