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Thu, 12th Jan 2017 14:31
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)
Read moreLONDON (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
Read moreLONDON (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
Read moreChief executive Douglas McGay's shareholding in Mongolian oil explorer Petro Matad has reduced by 1.8m shares. McGay has an interest in Investec Sino Corporation which sold 800,000 Petro Matad shares for 30p each, thereby raising £240,000. He has transferred his interest in Titoni Corporation, whi
Read morePeter Shea has added to his holding in broker Daniel Stewart Securities. Shea is chief executive of the broker and this is his first transaction in the shares since early September before a link up with Cairo-based Prime Group was announced. Middle East investment bank Prime was going to invest £2
Read moreThe chief executive and two directors of Brooks Macdonald have sold a total of 80,000 shares in the asset management and financial advisory group, a week after it reported better-than-expected full-year results. Founding director Richard Spencer sold 30,000 shares at 385.60p, netting £115,680, whil
Read moreBanking software firm Intelligent Environments said trading in the current year to date has been robust. The group said it has experienced strong demand from new and existing customers to launch platforms to attract and retain retail deposits online. "Our strategy to develop a long term recurring r
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