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(MXP.L) Max Petroleum PLC Buy/Sell
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| Tue 13:15 | RNS |
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RNS Number : 6407C Max Petroleum PLC 17 November 2009 Max Petroleum Plc (the "Company") Holdings in Company 17 November 2009 On 16 November 2009, the Company received notification that, as of 28 October 2009, Stichting Pensioenfonds ABP ("ABP") held a beneficial interest in 33,281,088 ordinary shares in the Company ("Ordinary Shares"), consisting of convertible bonds held in the Company, which are convertible into 24,081,088 Ordinary Shares at a conversion price of 35p per share at a fixed USD/GBP exchange rate of $1.49 to £1, and a warrant entitling ABP to acquire a further 9,200,000 Ordinary Shares at an exercise price of 5p per share. If these convertible bonds and warrants were exercised (and assuming no other convertible bonds, warrants or options in the Company were exercised) the resulting holding of ABP would represent 7.5% of the then issued share capital of the Company. Enquiries:
<HR>--------------------------------------- This information is provided by RNS The company news service from the London Stock Exchange END
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| Tue 07:47 | AFX UK Focus |
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LONDON, Nov 17 (Reuters) - Max Petroleum Plc:
((London Equities Newsroom; +44 20 7542 7717)) (For more news, please click here)
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More |
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| Tue 07:30 | RNS |
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RNS Number : 6156C Max Petroleum PLC 17 November 2009 Max Petroleum Plc (the "Company") Drilling Update 17 November 2009 Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce today that the ZMA-AN2 development well in the Zhana Makat Field has reached a total measured depth of 780 metres, with well logs indicating 8 metres of net oil pay in the Neocomian sandstone reservoir at true vertical depths of 660 to 668 meteres, all in line with expectations. The Company has run production casing in the well, which will be completed and tested in the next two weeks. The Sun ZJ-30 drilling rig is currently moving to drill the ZMA-A12 development in the Zhana Makat Field and then to the Borklydakty exploration well and the remainder of the post-salt exploration portfolio, currently comprised of 12 drillable prospects. Enquiries:
Richard Hook, Chief Operating Officer of Max Petroleum, is the qualified person that has reviewed and approved the technical information contained in this announcement. Mr. Hook is a member of the Houston Geological Society and holds both Masters and Bachelors of Science degrees in geology. This information is provided by RNS The company news service from the London Stock Exchange END
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| 13-11-09 | RNS |
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RNS Number : 5267C Max Petroleum PLC 13 November 2009 Max Petroleum Plc (the "Company") Holdings in Company 13 November 2009 On 13 November 2009, the Company received notification that, as of 12 November 2009, FMR LLC held an indirect beneficial interest in 20,125,588 ordinary shares in the Company ("Ordinary Shares"), representing 4.9% of the total voting rights attached to the issued ordinary share capital of the Company. Enquiries:
This information is provided by RNS The company news service from the London Stock Exchange END
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| 13-11-09 | RNS |
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RNS Number : 5058C Max Petroleum PLC 13 November 2009 Max Petroleum Plc (the "Company") Exercise of warrants 13 November 2009 The Company announces that, pursuant to a warrant deed to subscribe for Ordinary Shares of 0.01p ("Shares") of the Company dated 11 August 2009, on 11 November 2009 Credit Suisse Client Nominees UK Limited exercised a right to subscribe for 1,000,000 Shares at an exercise price of 5 pence per Share, resulting in the issue and allotment of 1,000,000 new Shares. Application has been made for these Shares to be admitted to trading on AIM on 19 November 2009. Following this allotment, the Company's issued ordinary share capital is now comprised of 411,990,338 Shares. Enquiries:
This information is provided by RNS The company news service from the London Stock Exchange END
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| 13-11-09 | RNS |
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RNS Number : 4827C Max Petroleum PLC 13 November 2009 Max Petroleum Plc (the "Company") Holdings in Company 13 November 2009 On 12 November 2009, the Company received notification that, as of 10 November 2009, ARF Energy Limited ("ARF"), following its participation on that date in the syndication of the Company's Senior Credit Facility ("Credit Facility") with Macquarie Bank Limited ("Macquarie"), held an indirect beneficial interest in 54,800,001 ordinary shares in the Company ("Ordinary Shares") consisting of a warrant entitling it to acquire 54,800,001 Ordinary Shares at an exercise price of 4.54-5.67p per share. If these warrants were exercised (and assuming no other warrants or options in the Company were exercised) the resulting holding of ARF would represent 11.8% of the then issued share capital of the Company. Asia Resources Fund Limited is the 100 per cent parent of ARF. On 12 November 2009, the Company further received notification that, as of 10 November 2009 following the participation of ARF in the Credit Facility, Macquarie held an indirect beneficial interest in 275,516,601 Ordinary Shares, consisting of 7,572,706 Ordinary Shares and a warrant entitling it to acquire a further 267,943,895 Ordinary Shares at an exercise price of 4.54-5.67p per share. If these warrants were exercised (and assuming no other warrants or options in the Company were exercised) the resulting holding of Macquarie would represent 40.6% of the then issued share capital of the Company. Enquiries:
This information is provided by RNS The company news service from the London Stock Exchange END
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| 13-11-09 | RNS |
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RNS Number : 4726C Max Petroleum PLC 13 November 2009 Max Petroleum Plc (the "Company") Exercise of warrants 13 November 2009 The Company announces that, pursuant to a warrant deed to subscribe for Ordinary Shares of 0.01p ("Shares") of the Company dated 11 August 2009, on 11 November 2009 Jabre Capital Partners SA Global Fund exercised a right to subscribe for 400,000 Shares at an exercise price of 5 pence per Share, resulting in the issue and allotment of 400,000 new Shares. Application has been made for these Shares to be admitted to trading on AIM on 18 November 2009. Following this allotment, the Company's issued ordinary share capital is now comprised of 410,990,338 Shares. Enquiries:
This information is provided by RNS The company news service from the London Stock Exchange END
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| 12-11-09 | AFX UK Focus |
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LONDON, Nov 12 (Reuters) - Max Petroleum Plc:
credit facility satisfied ((London Equities Newsroom; +44 20 7542 7717)) (For more news, please click here)
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More |
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| 12-11-09 | RNS |
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RNS Number : 3741C Max Petroleum PLC 12 November 2009 Max Petroleum Plc (the "Company") Completion of Syndication 12 November 2009 Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, announces today that Macquarie Bank Limited ("Macquarie") has notified the Company that Macquarie has successfully completed the syndication of the Company's Senior Credit Facility (the "Credit Facility") and confirmed that the Company's syndication obligations under the Credit Facility have been satisfied. Enquiries:
This information is provided by RNS The company news service from the London Stock Exchange END
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| 04-11-09 | RNS |
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RNS Number : 9832B Max Petroleum PLC 04 November 2009 Max Petroleum Plc (the "Company") Holdings in Company 4 November 2009 On 4 November 2009, the Company received notification that, as of 3 November 2009, Integrated Core Strategies (Europe) S.a.r.l. had a beneficial interest in the Company of less than 3 percent of the total voting rights attached to the issued ordinary share capital of the Company at that date. Enquiries:
This information is provided by RNS The company news service from the London Stock Exchange END
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| 03-11-09 | RNS |
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RNS Number : 9031B Max Petroleum PLC 03 November 2009 Max Petroleum Plc (the "Company") Holdings in Company 3 November 2009 On 2 November 2009, the Company received notification that, as at 30 October 2009 following the increase in the issued share capital of the Company to 410,113,672 ordinary shares ("Ordinary Shares") announced on that date, Macquarie Bank Limited ("Macquarie") held an indirect beneficial interest in 330,316,602 Ordinary Shares, consisting of 7,572,706 Ordinary Shares and a warrant entitling it to acquire a further 322,743,896 Ordinary Shares at an exercise price of 4.54-5.67p per share. If these warrants were exercised (and assuming no other warrants or options in the Company were exercised) the resulting holding of Macquarie would represent 44.6% of the then issued share capital of the Company. The Company currently has 410,590,338 Ordinary Shares in issue. Enquiries:
This information is provided by RNS The company news service from the London Stock Exchange END
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| 03-11-09 | RNS |
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RNS Number : 8455B Max Petroleum PLC 03 November 2009 Max Petroleum Plc (the "Company") Holdings in Company 3 November 2009 On 2 November 2009, the Company received notification that, as of 30 October 2009, GLG Partners LP ("GLG") held an indirect beneficial interest in 60,626,360 ordinary shares in the Company ("Ordinary Shares"), consisting of 64,558 Ordinary Shares, convertible bonds held in the Company, which are convertible into 55,281,802 Ordinary Shares at a conversion price of 35p per share at a fixed USD/GBP exchange rate of $1.49 to £1, and a warrant entitling GLG to acquire a further 5,280,000 Ordinary Shares at an exercise price of 5p per share. If these convertible bonds and warrants were exercised (and assuming no other convertible bonds, warrants or options in the Company were exercised) the resulting holding of GLG, as of 30 October 2009, would represent 12.9% of the then issued share capital of the Company. The Company currently has 410,590,338 Ordinary Shares in issue. Enquiries:
This information is provided by RNS The company news service from the London Stock Exchange END
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| 02-11-09 | RNS |
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RNS Number : 8059B Max Petroleum PLC 02 November 2009 Max Petroleum Plc (the "Company") Exercise of options 02 November 2009 The Company announces that, on 2 November 2009, options were exercised by a former employee over 336,666 ordinary shares of 0.01 pence in the Company ("Shares") at an exercise price of 4.75 pence per Share. This exercise has resulted in the issue and allotment of 336,666 new Shares. Application has been made for these Shares to be admitted to trading on AIM on 6 November 2009. Following this allotment, the Company's issued ordinary share capital is now comprised of 410,590,338 Shares. Enquiries:
This information is provided by RNS The company news service from the London Stock Exchange END
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| 02-11-09 | RNS |
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RNS Number : 7450B Max Petroleum PLC 02 November 2009 Max Petroleum Plc (the "Company") Commencement of Drilling 2 November 2009 The Company is pleased to announce today that on 31 October 2009 drilling commenced on the ZMA-AN2 development well in the Zhana Makat Field on its Blocks A&E Licence area. After completion of the ZMA-AN2 well, the rig will drill a second development well in the Zhana Makat Field before moving on to drill the Borkyldakty exploration well followed by the remainder of the Group's post-salt exploration portfolio. Enquiries:
This information is provided by RNS The company news service from the London Stock Exchange END
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| 30-10-09 | RNS |
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RNS Number : 6645B Max Petroleum PLC 30 October 2009 Max Petroleum Plc (the "Company" or "Max Petroleum") Total Voting Rights 30 October 2009 In conformity with the Financial Services Authority's Disclosure and Transparency Rules, the Company would like to notify the market that as at 30 October 2009, the issued share capital of Max Petroleum consisted of 410,253,672 ordinary shares with voting rights attached (one vote per ordinary share). There are no ordinary shares held in Treasury. Therefore the total number of voting rights in Max Petroleum is 410,253,672. The above total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, Max Petroleum under the Financial Service Authority's Disclosure and Transparency Rules. Enquiries:
This information is provided by RNS The company news service from the London Stock Exchange END
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| 29-10-09 | RNS |
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RNS Number : 5952B Max Petroleum PLC 29 October 2009 Max Petroleum Plc (the "Company") Exercises of warrants 29 October 2009 The Company announces that, pursuant to a warrant deed to subscribe for Ordinary Shares of 0.01p ("Shares") of the Company dated 11 August 2009:
These exercises have resulted in the issue and allotment of 4,640,000 new Shares. Application has been made for these Shares to be admitted to trading on AIM on 4 November 2009. Following this allotment, the Company's issued ordinary share capital is now comprised of 410,253,672 Shares. Enquiries:
This information is provided by RNS The company news service from the London Stock Exchange END
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| 27-10-09 | RNS |
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RNS Number : 4239B Max Petroleum PLC 27 October 2009 Max Petroleum Plc (the "Company") Exercises of warrants 27 October 2009 The Company announces that, pursuant to a warrant deed to subscribe for Ordinary Shares of 0.01p ("Shares") of the Company dated 11 August 2009, on 26 October 2009 Deutsche Bank AG exercised a right to subscribe for 2,500,000 Shares at an exercise price of 5 pence per Share, resulting in the issue and allotment of 2,500,000 new Shares. Application has been made for these Shares to be admitted to trading on AIM on 2 November 2009. Following this allotment, the Company's issued ordinary share capital is now comprised of 405,613,672 Shares. Enquiries:
This information is provided by RNS The company news service from the London Stock Exchange END
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| 23-10-09 | RNS |
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RNS Number : 3282B Max Petroleum PLC 23 October 2009 Max Petroleum Plc (the "Company") Holdings in Company 23 October 2009 On 23 October 2009, the Company received notification that, as of 21 October 2009, Sandell Asset Management Corp. ("Sandell"), on behalf of Castlerigg Master Investments Ltd., held directly and indirectly a beneficial interest in 32,688,302 ordinary shares in the Company ("Ordinary Shares") consisting of 1,198,000 Ordinary Shares, convertible bonds held in the Company, which are convertible into 27,850,302 Ordinary Shares at a conversion price of 35p per share at a fixed USD/GBP exchange rate of $1.49 to £1 and a warrant entitling it to acquire a further 3,640,000 Ordinary Shares at an exercise price of 5p per share. If these convertible bonds and warrants were exercised (and assuming no other convertible bonds, warrants or options in the Company were exercised) the resulting holding of Sandell would represent 7.5% of the then issued share capital of the Company. The Company currently has 403,113,672 Ordinary Shares in issue. Enquiries:
This information is provided by RNS The company news service from the London Stock Exchange END
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| 23-10-09 | RNS |
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RNS Number : 3028B Max Petroleum PLC 23 October 2009 Max Petroleum Plc (the "Company") Holdings in Company 23 October 2009 On 22 October 2009, the Company received notification that, as at 20 October 2009 following the increase in the issued share capital of the Company to 403,113,672 ordinary shares ("Ordinary Shares") announced on that date, Macquarie Bank Limited ("Macquarie") held a beneficial interest in 7,572,706 Ordinary Shares and a warrant entitling it to acquire a further 322,743,896 Ordinary Shares at an exercise price of 4.54-5.67p per share. If these warrants were exercised (and assuming no other warrants or options in the Company were exercised) the resulting holding of Macquarie would represent 45.5% of the then issued share capital of the Company. The Company currently has 403,113,672 Ordinary Shares in issue. Enquiries:
This information is provided by RNS The company news service from the London Stock Exchange END
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| 21-10-09 | RNS |
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RNS Number : 1358B Max Petroleum PLC 21 October 2009
MAX PETROLEUM PLC ("MAX PETROLEUM" OR THE "COMPANY" AND TOGETHER WITH ITS SUBSIDIARIES, THE "GROUP") [AIM: MXP] Operational Update 21 October 2009 Max Petroleum, an oil and gas exploration and development company focused on Kazakhstan, announces today the results of its third and final prospect review for 2009 based on the Group's interpretation of 5,240 km2 of proprietary 3D seismic acquired over its two onshore licences in Western Kazakhstan. Blocks A&E - Post-Salt (Shallow) To date, the Group has matured 12 drillable post-salt prospects, ranging in estimated size from 9 to 48 million barrels of oil ("MMBO") with an estimated range of geological chance of success between 25% to 60%. These prospects consist of four-way and faulted three-way anticlines that are well imaged on the Group's new 3D seismic data. These types of traps are the most common found in the existing producing fields in the Pre-Caspian Basin. Furthermore, the Group is continuing to develop several intermediate Triassic leads, which the Group believes may develop into additional drillable prospects in the future. Blocks A&E - Pre-Salt (Deep) The Group's pre-salt portfolio continues to expand and now includes 15 mapped leads and prospects consisting of two distinct play types. Of particular interest are 11 recently mapped features, which appear to be Devonian and Carboniferous-aged carbonate buildups occurring along the Guriyev Arch, an ancient geologic structure which underlies the central portion of Block E and the southern part of Block A. Individually, these prospects have estimated mean recoverable resource potential ranging from 100 to 500 MMBO. The portfolio also includes four shallower prospects and leads of Permian age, which are encased in salt. This newly updated portfolio, together with the supporting geological data, is currently being presented to potential partners for farmout. Drilling Update A Sun Drilling Z-J30 rig is currently on location and rigged up to begin drilling the ZMA AN2, a development well in the Zhana Makat Field. The rig is currently being commissioned and drilling operations are expected to commence on or before 31 October 2009. After completion of the ZMA AN2 well, the rig will drill a second development well in the Zhana Makat field and then move onto the Borkyldakty exploration well and the remainder of the post-salt exploration portfolio. Robert Holland, Executive Co-Chairman, commented: "We are extremely pleased that we have achieved our goal to generate a portfolio of 10-15 high-quality drillable post-salt prospects by October 2009, while significantly expanding the prospectivity of our pre-salt portfolio supported by extensive technical review and analysis. These prospects comprise a portfolio which we believe is likely to produce multiple commercial discoveries. The prospect review has confirmed our longtime belief in the highly prospective nature of our assets."
Enquiries:
Richard Hook, Chief Operating Officer of Max Petroleum, is the qualified person that has reviewed and approved the technical information contained in this announcement. Mr. Hook is a member of the Houston Geological Society and holds both Masters and Bachelors of Science degrees in geology. This information is provided by RNS The company news service from the London Stock Exchange END
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