Petro Matad confirms ‘stable production’ from Heron well
Petro Matad Limited (AIM:MATD, OTC:PRTDF) has reported continued stable production from its Heron-1 well at rates between 150 and 160…
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Petro Matad brings in $4m in new investment
Petro Matad Limited (AIM:MATD, OTC:PRTDF), the AIM-quoted oil company operating in Mongolia, has raised $4 million through a placing and subscription…
Petro Matad sees key milestone in Mongolia as it banks first oil payments
Petro Matad Limited (AIM:MATD, OTC:PRTDF) told investors it has now received US$ 1.18 million of oil sales proceeds from PetroChina.…
AIM movers: CPP refocusing on Blink and Petro Matad receives first payment
CPP Group (LON: CPP) is selling its business in Turkey for £4.6m and it may also sell its operations in…
Petro Matad shares tumble as it awaits oil payments
Petro Matad Limited (AIM:MATD, OTC:PRTDF) shares fell 30% on Friday after the Mongolia-focused operator updated on its outstanding oil payments.…
AIM movers: Petro Matad generating cash from Heron-1 and CyanConnode sales shortfall
Mongolia-focused oil and gas producer Petro Matad (LON: MATD) has signed an oil sales agreement with PetroChina for Block XX…
Petro Matad rockets as it inks Mongolian oil sales deal
Shares in Petro Matad Limited (AIM:MATD, OTC:PRTDF) rose on Monday as it inked an oil sales agreement with PetroChina Daqing…
Petro Matad to generate regular revenue from May
Petro Matad shares rose on Monday after the Mongolia-focused energy company outlined production payment terms that will generate regular revenue…
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…