TIDMMXP

RNS Number : 4953Y

Max Petroleum PLC

09 September 2015

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

FOR IMMEDIATE RELEASE

9 September 2015

Max Petroleum Plc

("Max Petroleum" or the "Company")

Update re AGR Energy Subscription

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that approval from the Ministry of Energy of the Republic of Kazakhstan for the Subscription has been obtained.

The final remaining Kazakh Governmental Approval for the Subscription is the consent of the Kazakh antimonopoly authorities.

The Company and AGR Energy continue to work to ensure that all relevant remaining conditions to Completion as set out in the Company's circular to shareholders dated 13 August 2015 are satisfied as quickly as possible.

Further announcements will be made as appropriate.

 
 Max Petroleum Plc                 +44 (0) 20 3713 4015 
 James A. Jeffs 
  Tom Randell 
 
 
 Stifel Nicolaus Europe Limited    +44 (0) 20 7710 7600 
 Michael Shaw 
 
 
 Tunga Chigovanyika 
 
 AGR Energy                        +44 (0) 20 7932 2455 
 Louise Wrathall 
 

Save where the context requires otherwise, capitalised and technical terms used in this announcement shall have the same meaning as ascribed to them in the Company's circular to shareholders dated 13 August 2015.

This information is provided by RNS

The company news service from the London Stock Exchange

END

CIRSSESIUFISEFU

(END) Dow Jones Newswires

September 09, 2015 02:01 ET (06:01 GMT)

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