Petro Matad Ltd. (MATD) RNS Announcements

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Date Time Source Announcement
09 Jun 2008 07:00 AM
RNS
Seismic Exploration Contract
01 May 2008 07:01 AM
RNS
First Day of Dealings

Petro Matad Ltd is engaged in the exploration, development, and production of oil reserves in Mongolia. It has three production sharing contracts, which are all in the exploration stage: Blocks IV, V, and XX, covering a total area of 60,340 km2.

Block XX has an area of approximately 10,340 square kilometers in the far eastern part of the country. Blocks, IV and V are located in central Mongolia. Block IV covers approximately 29,000 square kilometers and Block V approximately 21,150 square kilometers. Its subsidiaries include Capcorp Mongolia LLC, Petro Matad LLC, Central Asian Petroleum Corporation Limited (Capcorp), Petromatad Invest Limited and Petro Matad Services Limited.

Petro Matad share price launched at 37p in 2008.

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