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Pin to quick picksPetro Matad Share News (MATD)

Share Price Information for Petro Matad (MATD)

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Share Price: 2.90
Bid: 2.80
Ask: 3.00
Change: -0.10 (-3.33%)
Spread: 0.20 (7.143%)
Open: 3.00
High: 3.00
Low: 2.80
Prev. Close: 3.00
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Petro Matad Spuds Wild Horse-1 Well, Targets Mongolian Oil Resource

Tue, 23rd Oct 2018 10:29

LONDON (Alliance News) - Mongolian oil explorer Petro Matad Ltd said on Tuesday it has spud the Wild Horse-1 exploration well in the Baatsagaan Basin in Block IV, western Mongolia.

The predicted total depth of the well is 2,200 metres and is expected to take between 30 to 45 days to drill and log, targeting prospective resources of 480 million barrels of oil.

The company said it is confident of completing well operations before the winter drilling shutdown, due to modifications made on the rig to improve its operability in low temperatures.

Shares in Petro Matad were up 1.0% at 6.21 pence on Tuesday.

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17 Jul 2015 12:04

Petro Matad appoints new chairman and CEO

(ShareCast News) - Petro Matad has announced the appointment of a new chairman and chief executive. Ms Enkhmaa Davaanyam will be non-executive, non-independent chairperson and Mr Ridvan Karpuz will become chief executive officer of the company. Davaanyam's appointment is effective 1 August, while Ka

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17 Jul 2015 07:25

Petro Matad Appoints New Chairman And Chief Executive

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29 Jun 2015 09:07

Petro Matad Loss Narrows, First BG Group Well Pushed Back To 2016

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22 Jun 2015 07:18

Petro Matad Gets First Funds From BG Group Farm-Out Agreement

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11 Jun 2015 13:45

Petro Matad receives government's approval for farm-out in Mongolia

Petro Matad, a petroleum explorer based in Mongolia, has received government approval for the farm-out to BG Group for a 78% interest in its interests in blocks IV and V in central Mongolia. The firm still requires with one further condition to be satisfied by BG Group, after which it will release a

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11 Jun 2015 09:42

Petro Matad Receives Mongolian Approval For Farm-Out To BG Group

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17 Apr 2015 11:48

DIRECTOR DEALINGS SUMMARY: Telecom Plus Directors Buy After Warning

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13 Apr 2015 13:34

DIRECTOR DEALINGS: Petro Matad Non-Executive Buys 70,000 Shares

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7 Apr 2015 16:51

BG Group rises following farm-in agreement in Mongolia

Shares in BG Group jumped on Tuesday thanks to the oil market recovery and the acquisition of Mongolian assets. Oil market benchmarks recovered following declines in pre-Easter trading as Iranian nuclear talks ended in a settlement. The natural gas company entered into an agreement with Petro Matad

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7 Apr 2015 10:18

Petro Matad, BG Group Partner Up In Two Blocks In Central Mongolia

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16 Mar 2015 12:39

Petro Matad Says In Talks With Farm-Out Partner, As Shares Rise

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22 Sep 2014 10:08

Petro Matad Loss Narrows As Costs, Spending Decline

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30 Jun 2014 10:40

Petro Matad Loss Narrows But Search For Farm-Out Partners Goes On

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