Stocks of Max Petroleum fell by 27%

The analysts of JSC “Khalyk Finance” think that a transference of the British Max Petroleum Plc from the prospecting stage to production one is a negative factor for the share price.

“The well NUR-1 was the main opportunity for the growth of the company. The prospects of drilling are becoming vaguer now,” they said.

According to “Khalyk Finance”, the shares of the company have fallen several points (by 27%) due to the news on the Alternative Investment Market.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer