Highlights:,Petro Matad reports 200 barrels of oil per day from Heron-1 well in Mongolia.,A cooperation agreement for oil sales is expected to be finalized in February.,The company expands its ...

London-listed Petro Matad has signed a production sharing contract for the 41,141 square-kilometre Borzon Block VII in southern Mongolia. Final approval of the PSC coordinates is pending a ...

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Petro Matad Limited (AIM:MATD, OTC:PRTDF) told investors that the Heron-1 well, in Eastern Mongolia, continued to deliver 200 barrels of oil per day of production and is awaiting the start of revenues ...

Petro Matad Limited (AIM: MATD), the AIM quoted Mongolian oil company, provides the following update on production operations at the Heron-1 well in its Block XX Production Sharing Contract area ...

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(Alliance News) - Petro Matad Ltd on Thursday said it has limited production at its Heron-1 well in its Block XX production sharing contract area in Eastern Mongolia amid safety concerns, and has ...

Petro Matad Ltd is engaged in the exploration, development, and production of oil reserves in Mongolia. It has three production sharing contracts, which are all in the exploration stage: Blocks IV, V, ...

Petro Matad Limited, together with its subsidiaries, engages in the exploration, development, and production of oil in Mongolia. It holds 100% interests in production sharing contract blocks ...

Global energy conglomerate Shell Group has sought the Competition Commission of India’s (CCI) approval for its proposed acquisition of Raj Petro Specialities Private Limited. The deal involves ...