Petro Matad still working to secure Mongolia approvals
25th Apr 2024 09:52
(Sharecast News) - Mongolia-focussed oil company Petro Matad said in an update on Thursday that it was actively engaged with local government agencies to secure the necessary approvals from Matad District to kickstart its 2024 operational programme.
Read morePetro Matad reports slow progress at Block XX
14th Feb 2023 14:41
(Sharecast News) - Mongolian oil explorer Petro Matad reported progress on a number of fronts in an operational update on Tuesday.
Read morePetro Matad raises $6m in discounted placing
3rd Feb 2023 12:31
(Sharecast News) - Mongolian exploration and production company Petro Matad slumped on Friday after raising $6m in a discounted placing and subscription.
Read morePetro Matad reports progress amid some local difficulties
25th Feb 2022 16:20
(Sharecast News) - Mongolia-focussed oil company Petro Matad updated the market on its operations on Friday, reporting that at the Block XX exploitation area, it had advanced negotiations with operational service providers for the 2022 work programme, and secured some price reductions compared to the 2019 programme.
Read morePetro Matad makes progress with Block XX, secures further funding
12th Apr 2021 09:15
(Sharecast News) - Mongolia-focussed oil company Petro Matad said on Monday that progress has been made on the two remaining steps of the exploitation licence application for Block XX.
Read morePetro Matad licence application delayed by Mongolia Covid outbreak
4th Dec 2020 13:41
(Sharecast News) - Mongolian oil company Petro Matad updated the market on its operations and the impact of Covid-19 on Friday, reporting that the country had been "very successful" in containing the coronavirus through 2020, however the first cases of community spread did occur in November.
Read morePetro Matad reports unexpected results from Gazelle-1 well
17th Oct 2019 16:50
(Sharecast News) - Mongolia-focussed oil explorer Petro Matad announced the results of drilling and logging operations at the Gazelle-1 well in the north of Block XX, eastern Mongolia on Thursday, reporting that the well had been drilled with the DQE rig 40105 to a total depth of 2550 metres, with wireline logging completed.
Read morePetro Matad begins testing operations on Heron-1
3rd Oct 2019 10:59
(Sharecast News) - Mongolian oil explorer Petro Matad announced the start of testing operations at the Heron-1 well in the north of Block XX, eastern Mongolia on Thursday.
Read morePetro Matad spuds Gazelle-1 exploration well ahead of schedule
19th Sep 2019 09:14
(Sharecast News) - Mongolian oil explorer Petro Matad said on Thursday that it had spudded its Gazelle-1 exploration well in the north of Block XX.
Read morePetro Matad disappointed by drilling results from Red Deer-1
17th Sep 2019 10:45
(Sharecast News) - Mongolia-focussed oil explorer Petro Matad announced drilling and logging results from the Red Deer-1 exploration well located in the south of Block XX on Tuesday, as well as an operational update for Heron-1 and Gazelle-1 in the north of Block XX, in eastern Mongolia.
Read morePetro Matad makes solid progress on Heron-1 and Red Deer-1 wells
20th Aug 2019 15:48
(Sharecast News) - Mongolian oil explorer Petro Matad updated the market on the Heron-1 and Red Deer-1 wells in Block XX, eastern Mongolia on Tuesday.
Read morePetro Matad makes solid progress with planned drilling programme
26th Jun 2019 15:00
(Sharecast News) - Mongolia-focussed oil explorer Petro Matad updated the market on its progress towards its planned drilling programme in 2019, and its application for PSC extensions for Blocks IV and V on Wednesday.
Read morePetro Matad's loss almost doubles on higher exploration costs
17th Jun 2019 08:05
(Sharecast News) - Mongolia-focused oil explorer Petro Matad on Monday reported that its annual loss almost doubled, though the drilling of two exploration wells was completed on schedule and within budget.
Read morePetro Matad signs contracts for two rigs ahead of drilling programme
16th Apr 2019 15:41
(Sharecast News) - Mongolia-focussed oil explorer Petro Matad has signed contracts for two rigs for its upcoming 2019 four-well drilling programme, it announced on Tuesday.
Read morePetro Matad plans four-well drilling campaign for 2019
7th Mar 2019 15:00
(Sharecast News) - Mongolia-focussed oil explorer Petro Matad updated the market on its operations on Thursday, reporting that it was pursuing a four-well drilling campaign in 2019 at Heron, Gazelle and Red Deer on block XX, and either a further exploration well at block V or an appraisal of a block XX discovery.
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