13th Aug 2015 08:19
LONDON (Alliance News) - Petro Matad Ltd on Thursday said it has awarded a contract for 2D Seismic data acquisition in central mongolia to geophysical contracting company Khet Co Ltd.
Petro Matad, an oil exploration company, said Khet Co will carry out an approximately 2000 kilometres 2D seismic programme on Blocks IV and V which is due to commence in mid September 2015 after mobilisation of equipment and personnel to the site has been completed.
Shares in Petro Metad trade 3.0% down at 4.00 pence Thursday.
By Preten Patel; [email protected]
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