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Petro Matad confirms rising inventory as it awaits start of oil sales

Petro Matad Limited (AIM:MATD, OTC:PRTDF) told investors that the Heron-1 well, in Eastern Mongolia, continued to deliver 200 barrels of…

AIM movers: Mixed fortunes for Petro Matad and ex-dividends

Kodal Minerals (LON: KOD) remains on track with construction at the Bougouni lithium project in Mali and it is within…

Petro Matad shares plummet as Mongolia wells disappoint

Petro Matad Limited (AIM:MATD, OTC:PRTDF) shares plummeted, losing around 30%, after it flagged that higher than expected gas rates had impacted…

Petro Matad to start production in coming days

London-listed Mongolian oil firm Petro Matad Limited is poised to commence production at its Heron-1 well in eastern Mongolia’s Block…

Petro Matad to begin production in Mongolia in October

Petro Matad is set to begin production in Mongolia more than a decade after first discovering oil at the Block…

Petro Matad shares rise on positive Mongolian operational update

Petro Matad shares rose on Thursday after the company announced solid progress in its Mongolian Block XX field as the…

Petro Matad issues progress update on Mongolian operations

Petro Matad has announced the commencement of completion operations on its Heron-1 oil discovery. The work, which began on 22…

Petro Matad has multi-bagger potential in the run-up to production in Mongolia

Those with good memories will remember the fanfare surrounding Petro Matad when it first discovered oil in Mongolia in 2010. Petro…

AIM movers: Gelion agreement with Glencore and Petro Matad cash for drilling

Battery technology developer Gelion (LON: GELN) has signed a joint development agreement with natural resources company Glencore International. The two…

Petro Matad – Looking To Raise $9.0m Gross By A Deeply Discounted Issue To Fund The Herons Into Production

The Isle Of Man registered Petro Matad (LON:MATD) is looking to raise $8.5m by way of a Placing and a…

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