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Petro Matad (MATD) Share News

UK shareholder meetings calendar - next 7 days

8th Feb 2023 15:47

IN BRIEF: Petro Matad raises USD6.0 million from placing, subscription

3rd Feb 2023 12:55

Petro Matad Ltd - Isle of Man-based, Mongolia-focused parent company of a group focussed on oil exploration, which owns and operates two production sharing contracts with the Mongolian government - Raises USD6.0 million from placing and subscription of 195.1 million shares at a price of 2.5 pence each. Says shareholder Petrovis Matad Inc buys 32.5 million subscription shares for total USD1.0 million. Petro Matad Chief Executive Officer Mike Buck buys 813,008 subscription shares for USD25,000. Read More

AIM WINNERS & LOSERS: 88 Energy surges; Petro Matad plans fundraise

3rd Feb 2023 10:26

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More

TRADING UPDATES: Dillistone sees revenue growth; Petro plans fundraise

2nd Feb 2023 22:01

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

Petro Matad shares jump on progress for land registration in Mongolia

5th Dec 2022 15:51

(Alliance News) - Petro Matad Ltd on Monday celebrated progress towards registering its Block XX Exploitation Area as special purpose land, following a year of delays over access issues. Read More

AIM WINNERS & LOSERS: Wentworth shares surge on takeover offer

5th Dec 2022 11:02

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More

TRADING UPDATES: Prospex Energy profit up; Petro Matad widens loss

22nd Sep 2022 22:14

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

IN BRIEF: Petro Matad narrows loss in 2021; China slowly opens border

27th Jun 2022 12:33

Petro Matad Ltd - Douglas, Isle of Man-based petroleum exploration company focused on Mongolia - Narrows pretax loss in 2021. Pretax loss shrinks to USD2.1 million from USD3.2 million in 2020. Exploration and evaluation expenditure narrows to USD114,000 in 2021 from USD433,000. Read More

IN BRIEF: Petro Matad's drilling in Mongolia halted by China lockdown

5th May 2022 14:28

Petro Matad Ltd - petroleum exploration company focused on Mongolia - Announces suspension of oil export to China and drilling in Mongolia due to Covid restrictions in China. China is increasing its Covid-19 related lockdowns and travel restrictions, Petro Matad says. This is impacting the oil exploration firm as it relies on cross-border trade, including oil field service providers, it adds. It is not producing any oil currently as "there are no Chinese oil rigs operating in Mongolia at the moment," the company explains. Read More

AIM WINNERS & LOSERS: UKOG, Alba up on permit from Environment Agency

5th May 2022 11:22

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More

IN BRIEF: Petro Matad drops after drilling delayed by restrictions

25th Feb 2022 14:37

Petro Matad Ltd - Isle of Man, UK-based petroleum exploration company focused on Mongolia - Says that the availability of drilling equipment and crews for the drilling of additional Heron wells has not been confirmed by the contractors. Explains that the drilling contractor along with the other service providers have been impacted by Covid-related travel restrictions. These, it continues, are due mainly to the restrictions imposed by China. Says it will continue to push the service providers to confirm a timeframe for its drilling programme. Read More