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MXP On Other Exchanges
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max petroleum plc (MXP) Snapshot

Previous Close
Day High
Day Low
52 Week High
09/10/14 - 1.35 GBp
52 Week Low
02/9/15 - 0.10 GBp
Market Cap
Average Volume 10 Days
-0.03 GBp
Shares Outstanding
Dividend Yield
Current Stock Chart for MAX PETROLEUM PLC (MXP)

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max petroleum plc (MXP) Details

Max Petroleum Plc, an independent oil and gas exploration and production company, is engaged in the exploration, development, and production of oil and gas assets in the Republic of Kazakhstan. The company holds a 100% interest in the blocks A&E License area covering approximately 12,455 square kilometers in the Pre-Caspian Basin in western Kazakhstan. As of September 30, 2013, its estimated proved and probable reserves included 8.6 millions of barrels of oil equivalent. The company was incorporated in 2005 and is headquartered in London, the United Kingdom.

149 Employees
Last Reported Date: 08/22/14
Founded in 2005

max petroleum plc (MXP) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

max petroleum plc (MXP) Key Developments

Max Petroleum Plc Announces Auditor Changes

Max Petroleum Plc announced that PricewaterhouseCoopers LLP has agreed to resign as auditors and the directors have appointed BDO LLP to become auditors to the company with immediate effect.

Max Petroleum Plans Acquisitions

Max Petroleum Plc (AIM:MXP) we consider acquisition opportunities. The company stated: "Following completion of the Subscription, the Directors expect to work with AGR Energy to review the Company's business plan, Board structure and strategic and mid-term goals. The aim of the review is to enable the Board and AGR Energy to assess how costs can be reduced and operations and capital expenditure optimized, to maximize shareholder value going forward, considering the current fiscal and commodity price environment. In addition to assessing the current asset base, the review will also consider acquisitions of new assets that the Board believes are accretive and will enhance profits and value to the Company."

Sberbank Grants Six Month Standstill to Max Petroleum on All Principal and Interest Payments Due Under $80 Million Loan Through to December 14, 2015

Max Petroleum announced that Sberbank has unconditionally granted a six month standstill on all principal and interest payments due under the company's $80 million loan through to December 14, 2015. In addition, the company has accrued $3.8 million of interest as of 30 June 2015. Interest will continue to accrue during the standstill period.


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MXP Competitors

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Company Last Change
Faroe Petroleum PLC 68.25 GBp -1.00
Gulf Keystone Petroleum Ltd 31.25 GBp -0.75
JKX Oil & Gas PLC 15.75 GBp 0.00
Petroceltic International PLC €0.87 EUR 0.00
RusPetro PLC 8.50 GBp 0.00
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