The company said the well had reached a total depth of 1,540m but did not encounter producible hydrocarbons. The well will now be plugged and abandoned.

Max Petroleum has used the Zhanros rig to drill the well, which will now be deployed to the Zhana Makat field to drill the ZMA-A20 well.

Currently, the firm is seeking regulatory approval for a two-year appraisal extension over the entire Blocks A&E Licence until March 2015.

The company noted that the license extension would allow it to drill its two remaining post-salt prospects subsequent to March 2013.

The Tolegen West Prospect is a four-way anticline targeting unrisked mean resources of 8 million barrels of oil in Triassic reservoirs.