Proactiveinvestors United Kingdom Petro Matad Limited articles

Small cap shares hold up well amid market turmoil

Thu, 22 Sep 2011 13:19:00 +0100

Banks take a hit as the FTSE100 suffers a drop of almost five per cent. But small cap indices suggest that junior companies are proving more resilient in the latest round of panic

Westhouse bullish on prospects for Petro Matad

Tue, 07 Jun 2011 11:21:00 +0100

With a promising exploration programme underway and a highly able management team in place, things are looking up for oil group Petro Matad, analysts believe.

Petro Matad starts to make significant waves

Tue, 12 Apr 2011 10:53:00 +0100

The shares hit an all-time high recently, so we take a closer look at a company which has delighted its growing fan base with a bullish operations update.

Petro Matad reports third oil find in eastern Mongolia

Mon, 01 Nov 2010 14:02:00 +0000

Whilst Petro Matad has found oil in its third exploration well, the result did not confirm hydrocarbon continuity between the previous two discoveries. With the Mongolian winter looming on the horizon the company has now called an end to the successful 2010 exploration program.

Petro Matad Audio Interview Transcript with Doug McGay

Wed, 27 Jan 2010 12:23:00 +0000

Doug McGay, CEO of Petro Matad, talks about a 14,000 square kilometre
production sharing contract adjacent to producing oilfields (100
kilometres from China) a prospective resource of 147 million barrels on
the most prospective area, two more exploration blocks covering 73,000
square kilometres, and a drilling programme ready to go in Spring.

Petro Matad secures $6 million investment from EBRD for oil projects in Mongolia

Fri, 18 Dec 2009 13:47:00 +0000

Petro Matad announced that the European Bank of Reconstruction and Development has subscribed for shares in the company, taking a 17.5% stake.

Petro Matad: exploring for oil on China’s doorstep

Wed, 02 Dec 2009 08:24:00 +0000

Petro Matad has the advantage of being right next door to China – and the petroleum industry in Mongolia is being driven hard by the needs of its neighbour.