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  3. Petro Matad Share Price
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  5. Petro Matad Notes Share Price Move, Says No Further Update

Pin to quick picksPetro Matad Share News (MATD)

Petro Matad Information

Share Price Information for Petro Matad (MATD)

London Stock Exchange
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Share Price: 3.60
Bid: 3.50
Ask: 3.70
Change: -0.175 (-4.64%)
Spread: 0.20 (5.714%)
Open: 3.775
High: 3.775
Low: 3.60
Prev. Close: 3.775
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Petro Matad Notes Share Price Move, Says No Further Update

Thu, 12th Jan 2017 14:08

LONDON (Alliance News) - Petro Matad Ltd on Thursday noted the move in its share price and said there is nothing further to update on since it last released a statement on Tuesday.

Shares in the firm were up 22% to 11.25 pence on Thursday afternoon.

On Tuesday, Petro Matad said it has still not received the USD5.0 million it is owed by oil major Royal Dutch Shell PLC for the transfer of two oil and gas blocks in Mongolia.

Petro Matad said the Petroleum Authority of Mongolia proposed a change in wording of the reassignment of the blocks, which has caused a delay in Shell making the final payment.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2017 Alliance News Limited. All Rights Reserved.

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24 Jun 2010 10:58

Petro Matad FY Pretax Loss $5.08M Vs Loss $6.28M

LONDON (Dow Jones)--Petro Matad Ltd. (MATD.LN), an AIM quoted Mongolian oil explorer, Thursday reported a full year pretax loss of $5.08 million, compared with a loss of $6.28 million a year earlier. MAIN FACTS: -Loss per share for the year ended Dec. 31 4.7 cents (2008: loss 7.6 cents)

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23 Jun 2010 07:36

Petro Matad Davsan Tolgoi-1 Well Spudded >MATD.LN

LONDON (Dow Jones)--Petro Matad Ltd. (MATD.LN), an oil exploration company, said Wednesday the Davsan Tolgoi-1 exploration well in Mongolia has been spudded. MAIN FACTS: -The DT-1 well is being drilled vertically to an estimated target depth of approximately 1,440 meters. -The well is be

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11 Jun 2010 14:44

Petro Matad Restarts Operations At Davsan Tolgoi >MATD.LN

LONDON (Dow Jones)--Petro Matad Ltd. (MATD.LN), a company focused on oil exploration in Mongolia, said Friday that operations have recommenced on its DT-1 well at its Davsan Tolgoi Prospect in Block XX in Dornod Aimag Province. MAIN FACTS: -This follows the lifting of the temporary suspensio

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McGay reduces holding in Mongolian explorer

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Brooks Macdonald execs sell

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Small caps round-up: Intelligent Environments, LPA Group, Mobile Streams...

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