Member Info for gadgie

Money in BANK .....Progress Made .....Lot's of news inbound !

Untrue was only open to UK holders ... i purchased without using it as no doubt others did also .... so not a true picture

So we have made progress

6 weeks ago RNS .... no doubt the 3 entities have asked for more evidence prior to signing ....improve your reserves / oil production and we are in ! how else could we do it without a raise

I think it's due to the RNS 30/05/25 ..... 6 weeks ago

https://uk.advfn.com/stock-market/london/petro-matad-MATD/share-news/Petro-Matad-Limited-Operational-Update/96146693

A.Gerelt-Od

Petromatad LLC

Executive Director ......

https://en.petrovis.mn/managment-team

Petrovis and Mongolian Goverment are calling the shots .... P Matad will do as they are told .....Petrovis and Matad will be hugely rewarded !

In order to discover enough oil resources in Mongolia and make the country independent in terms of energy and oil, Petrovis Group founded on December 31, 2004 the Petromatad LLC, which shall be engaged in oil exploration and production activities.

2004

On December 31, 2004, we established the Petromatad LLC for oil exploration and production in order to find sufficient oil reserves in Mongolia and make the country independent in terms of energy and oil. The Petromatad LLC became the first Mongolian company whose shares are traded on the London Stock Exchange.

2013

In 2013, for the first time in Mongolia, we put into operation the country's largest petroleum product storage and distribution warehouse "New Tolgoit" with a capacity of 44.0 million liters, fully automated and meeting international standards, which became another innovation in the field of petroleum products business.

2022

In 2004, Petrovis LLC won the international Bidding for the privatization of NIC LLC, announced by the State Property Committee, and, having privatized it, expanded its activities, constantly investing more and more investments in the renewal of the park and the implementation of new equipment and technology. Petrovis LLC, since the acquisition of NIC LLC, has built anew or relocated up to 205 oil filling stations and carried out a comprehensive renovation at more than 300 oil filling stations.

We also built up 6 complex oil depots, updated the fleet of 334 oil tankers, put into operation a fully automatic oil depot "New Tolgoit", the first in Mongolia, put into operation a set of 3 types of ISO standards. So far we have invested totally more than 300 billion Mongolian tugriks.

Perhaps we cut out the Middle Man ..... Refinery no more imports ....Petrovis storage Facilities and start Exporting via Petrovis ..... Bye Petro china

Petrochina supply Petrovis :)

Mongolian Goverment .....Mongolian Refinery ....Petro Matad .....Petrovis

We import oil products from the Russian companies Rosneft, Neftkhimservice, Gazpromneft, and the Chinese company Petrochina and transport them through the widest network from 11 warehouses with a total storage capacity of more than 124.0 million liters.

https://en.petrovis.mn/import

Our further goal is to strengthen our position as a benchmark in the development of the fuel and energy sector and make mongolia independent and self-sufficient in terms of oil and energy.

https://en.petrovis.mn/managment-team

Will they get supplies from Refinery Hmmm

The largest sales network for special oils and lubricants in Mongolia.

We receive lubricants from foreign suppliers to our warehouse and sell them directly, so the cost is low and the quality is guaranteed.

We import and sell branded products of Exxon Mobil, the world leader in the production of special oils and lubricants, as well as all types of Russian-made special oils, lubricants and special fluids.

Free transportation services for special oils and lubricants within Ulaanbaatar.

We have a specially dedicated warehouse with a capacity of approximately 1200 tons of special oils and lubricants.

Samples of products are analyzed and certified according to approved standards in an accredited laboratory for quality control of oil products

A professional company - specialists and mechanics in the field of oil and automotive technology, with many years of experience in the import and sale of special oils and lubricants in the oil industry.

Never been more confident to be honest !!!

17% of shares at what cost since 2009 ? ( petrovis )

Does anyone have petrovis exact holdings number of shares , for me it’s the answer

The Upper Tsagaantsav was also found to be predominantly shale prone, though there were good wet gas shows recorded during drilling and three metres of good quality sandstone were identified on logs.

Gazelle-1 was targeting 13mmbbls but was also testing the potential for material stratigraphic traps in the southern extension of the Tamsag Basin. The Upper Tsagaantsav reservoir results support this theory and will be the focus of the post well evaluation.

Petro Matad is now focusing on the testing of Heron-1, which is progressing on schedule

We have had plenty of time to determine best way forward and H2 is now looking like a good prospect ? Gazelle and Gobi as yet untested

re-testing Heron-2 low-cost acidization and re-test

testing of Gazelle-1

testing Gobi-Bear 1

Any joint venture is dependant on proving without doubt we have more resource hence 3 wells being worked over, if proven we increase from 30/60 million recovery .... i think they are very confident regarding H2 and Gobi will be a game changer all IMHO