Petro Matad Limited (AIM:MATD, OTC:PRTDF) CEO Mike Buck joins Proactive London to talk about what has been achieved since receiving the exploitation licence for Block XX in Eastern Mongolia in July.
Now with the discovery under their belt, Buck details the plans for production and distribution as well as possible partner negotiations.
Production will commence in 2022 and Buck says they are fully funded through to their first oil in Q2 2022.