OREANDA-NEWS. MAX PETROLEUM PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following information statement:

"... Max Petroleum announces that in order to protect the solvency of Samek International LLP, which is an indirect wholly-owned subsidiary (Samek), the Board of Directors initiated a process of rehabilitation in accordance with the laws of the Republic of Kazakhstan ("Rehabilitation")".