Company
Petro Matad Limited
LON:MATD
Petro Matad Limited is focused on oil exploration as well as future development and production in Mongolia. The company holds a 100% working interest and the operatorship of two Production Sharing Contracts with the Government of Mongolia. Block XX has an area of 218 square kilometres in the far eastern part of Mongolia and Block V has an area of 7,937 square kilometres in the central-western part of the country.
93 stories · page 1 of 5
Petro Matad's shares drop as China's Covid restrictions impact oil rigs
Petro Matad said it could advance its Block XX Exploitation Area without local land use approvals following a directive from the Mongolian government
Petro Matad continues to wait for permitting progress in Mongolia
Interim results meanwhile confirm it has cash to remain in "operationally ready" until mid-2021.
Proactive oil and gas weekly highlights: Petro Matad, SDX Energy, Anglo African Oil & Gas
A look back at the events we reported on this week in the oil and gas sector
Petro Matad shares soar on Heron well results
"The test results at Heron-1 are even better than we expected given that the well is deep in the basin centre,” said Mike Buck.
Petro Matad starts testing operations at Heron-1
If required, reservoir stimulation equipment is in Block XIX and is readily available.
Archive
Malcy's Blog: Oil price, Petro Matad, Block Energy
Malcy's Blog: Oil price, Petro Matad, Block Energy