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Petro Matad (MATD) Share News

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Petro Matad Shares Surge On Resumption Of Operations In Mongolia

14th Aug 2019 11:07

(Alliance News) - Petro Matad Ltd on Wednesday said it has secured a verbal approval from the central and provincial governments of Mongolia to resume operations on Heron-1 well, whilst the is 32% Read More

Petro Matad Spuds Red Deer-1 Well, Reaches Depth Point At Heron-1

5th Aug 2019 13:11

(Alliance News) - Petro Matad Ltd on Monday said the Red Deer-1 exploration well in the Asgat Sag basin of block XX in eastern Mongolia was spudded on Sunday.The AIM-listed oil exploration Read More

Petro Matad Spuds Heron-1 Oil Exploration Well In Tamsag Basin

19th Jul 2019 12:09

(Alliance News) - Mongolian oil explorer Petro Matad Ltd said Friday its has spud the Heron-1 exploration well in the Tamsag basin of block XX.The well is an appraisal of the T19-46 oil to Read More

Petro Matad On Course To Spud Heron 1 Well At Block XX In July

26th Jun 2019 14:33

(Alliance News) - Petro Matad Ltd on Wednesday said the drill sites for its three block XX wells in Mongolia are complete and the company is set to spud Heron 1 in July.The sites for the - Read More

Petro Matad Annual Loss Widens On Block IV And V Evaluation Expense

17th Jun 2019 10:50

(Alliance News) - Petro Matad Ltd on Monday said its loss widened significantly in 2018 largely due to more than doubling of exploration and evaluation expenditure on blocks IV and V in in the oil Read More

Petro Matad Close To Beginning Drilling Work In Mongolia

28th May 2019 12:16

LONDON (Alliance News) - Mongolian oil firm Petro Matad Ltd on Tuesday said work on Block XX in the country is progressing well.Petro Matad has started well site construction at Heron 1, to Read More

Petro Matad Delays Start Of Drilling At Eastern Mongolian Prospects

16th Apr 2019 12:28

LONDON (Alliance News) - Mongolian oil firm Petro Matad Ltd on Tuesday said it has postponed the spud date for the first well of its upcoming drilling programme.Petro Matad will spud Heron Read More

Seismic Reprocessing Boosts Petro Matad's Heron Prospect Resource

7th Mar 2019 12:52

LONDON (Alliance News) - Petro Matad Ltd on Thursday said seismic reprocessing at Block XX has raised its Heron prospect resource by more than 50% and indicates that Heron is the extension of a in Read More

Petro Matad Keen To Start Block XX Operations, Block V Tests Promising

10th Jan 2019 14:12

LONDON (Alliance News) - Petro Matad Ltd on Thursday said it is continuing preparations for a four-well drill programme at Block XX in Mongolia and noted that findings from its Block V drilling in Read More

Petro Matad Shares Drop On Disappointing Baatsagaan Drilling Results

26th Nov 2018 10:36

LONDON (Alliance News) - Petro Matad Ltd on Monday said no oil shows were observed in the Wild Horse 1 well, located in block IV of the Baatsagaan basin, southern Mongolia.Petro Matad were Read More

Petro Matad Spuds Wild Horse-1 Well, Targets Mongolian Oil Resource

23rd Oct 2018 10:29

LONDON (Alliance News) - Mongolian oil explorer Petro Matad Ltd said on Tuesday it has spud the Wild Horse-1 exploration well in the Baatsagaan Basin in Block IV, western Mongolia.The total Read More

Petro Matad Says Operations At Wild Horse Remain On Track

1st Oct 2018 12:32

LONDON (Alliance News) - Mongolia focused Petro Matad Ltd said Monday its operations at its "very exciting" prospect Wild Horse-1 continue to progress on track.Shares in Petro up Read More

UPDATE: Petro Matad Plunges As It Fails To Find Oil At Snow Leopard

20th Sep 2018 12:57

LONDON (Alliance News) - Shares in Petro Matad Ltd fell on Thursday after the oil explorer said it did not find oil or gas accumulations at its Snow Leopard 1 Well, located in were trading down at Read More

Petro Matad Plunges As It Fails To Find Oil At Snow Leopard Well

20th Sep 2018 10:59

LONDON (Alliance News) - Shares in Petro Matad Ltd fell on Thursday after the oil explorer said it did not find oil or gas accumulations at its Snow Leopard 1 Well, located in were trading down at Read More

WINNERS & LOSERS SUMMARY: Rio Tinto Up On Plan To Return Sale Proceeds

20th Sep 2018 10:30

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - WINNERS----------Rio up 1.9%. Read More

Petro Matad Loss Widens, Contractor Issues Delay Block XX Drilling

7th Sep 2018 10:15

LONDON (Alliance News) - Mongolia-focused oil explorer Petro Matad on Friday said its loss widened in the fist half of the year on a range of increased expenses.The company's USD6.7 was Read More

Petro Matad Non-Executive Director Oyungerel Janchiv Steps Down

24th Jul 2018 12:44

LONDON (Alliance News) - Petro Matad Ltd on Tuesday said Non-Executive Director Oyungerel Janchiv intends to retire after the annual general meeting scheduled on September 20 to spend more time in Read More

Petro Matad Successfully Raises Cash To Fund Mongolian Drilling (ALLISS)

14th Jun 2018 11:32

LONDON (Alliance News) - Mongolian oil explorer Petro Matad Ltd on Thursday said it has completed its previously announced share placing, which it said was "significantly" company had on Read More

Petro Matad To Raise Gross USD18.3 Million To Fund New Wells (ALLISS)

13th Jun 2018 17:16

LONDON (Alliance News) - Petro Matad Ltd said Wednesday it aims to raise USD18.3 million through shares placing and a subscription.Net proceeds from the an accelerated bookbuild are to be a Read More

Petro Matad Loss Narrows Despite Delaying First Drilling Operation

4th Jun 2018 11:09

LONDON (Alliance News) - Petro Matad Ltd said Monday its 2017 loss narrowed despite the company failing to complete its first drilling operation in six years.The Mongolian oil explorer loss Read More

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