Member Info for gadgie

Https://mrpam.gov.mn/news/gazryn-tosny-buteegdekhuunii-khadgalakh-aguulakh-shineer-barikh-urgutgukh-tusliin-khuselt-khuleen-avakh-tukhai

We have a refinery and pipeline to fill Mongolia will not allow failure ! We need at least 10 wells this year and 15 next year and that’s still not enough to fill the refineries daily needs , such a short window PC have the rigs via DQE and the well equipment required such a short window of opportunity Farm out only way forward

Emailed PM last week just to check they have drilling crew booked for the 6 Month period they plan to drill no answer as yet , no doubt they are looking a PC spare inventory for new wells we can purchase

Warming up a bit in Mongolia 4 week's to start of season if not sooner huge new's inbound 2026 year of MATAD !!

Https://mmhi.gov.mn/2026/03/09/%d0%b0%d0%b6-%d2%af%d0%b9%d0%bb%d0%b4%d0%b2%d1%8d%d1%80-%d1%8d%d1%80%d0%b4%d1%8d%d1%81-%d0%b1%d0%b0%d1%8f%d0%bb%d0%b3%d0%b8%d0%b9%d0%bd-%d1%81%d0%b0%d0%b9%d0%b4%d1%8b%d0%bd-%d0%b7%d3%a9%d0%b2%d0%bb-2/

Thank's appreciated , can't wait to see the plan !

Such a short Season in Mongolia ( summer ) let's say 5 Month's for drilling this year and 5 Month's next year how many well's can be drilled per month ? Do we have rig on Standby

The “GAZRYN TOS-2026” international scientific, theoretical and practical conference is organized annually by the Department of Petroleum and Drilling Engineering of the State University of Mongolia, and this time it is organized in honor of the 85th anniversary of the establishment of the petroleum industry in Mongolia, in honor of the “Mongolian Oil Refinery” JSC. At this conference, organizations, scientists, researchers, engineers, and experts from the traditional and unconventional oil and gas sectors are invited to publish their research papers and give presentations.

General organizer: SHUTIS, GUUS DEPARTMENT OF OIL AND DRILLING ENGINEERING

“Mongolian Oil Refinery” JSC

The purpose of the conference: To share the achievements, successes, and experiences of foreign and domestic organizations, scientists, researchers, engineers, and experts conducting research and analysis in the fields of conventional and unconventional oil and gas geology, exploration, drilling, extraction, processing, storage, transportation, supply, economics, management, ecology, and environmental protection, to exchange knowledge, to stimulate scientific research, and to improve the quality and effectiveness of research work. The research results will be discussed and the best presentations will be selected.

Conference scope: Foreign and domestic government organizations, universities, research institutes, scientists, engineers, specialists, doctoral and master's students operating in the traditional and unconventional oil and gas sectors will participate.

https://mmhi.gov.mn/2026/03/06/%d0%b3%d0%b0%d0%b7%d1%80%d1%8b%d0%bd-%d1%82%d0%be%d1%81-2026-xxxii-%d0%be%d0%bb%d0%be%d0%bd-%d1%83%d0%bb%d1%81%d1%8b%d0%bd-%d1%8d%d1%80%d0%b4%d1%8d%d0%bc-%d1%88%d0%b8%d0%bd%d0%b6%d0%b8%d0%bb%d0%b3/

So best case scenario we could have 300 million plus barrels recoverable .... no debt this is insane !

Can't wait till we get upgraded reserves for Gazelle to Add to 60 Million Barrels recoverable for Heron

Gazelle discovery adjacent to Heron Field

• Total resource potential 500 MMbo in place. 100 to 200

MMbo recoverable¹

• Proven reservoir sections mappable up-dip towards

southern basin margin

218km² exploitation area

https://www.petromatadgroup.com/wp-content/uploads/2021/08/Corporate-Presentation-05_08_21-Petro-Matad.pdf

Love this gradual rise wait till new's comes ...tried a few dummy buy's no big volume avail ...Ding Dong

I can only see a large upwards revision regarding Gazelle imagine if Gobi comes in wow for sure next few weeks will be busy come on Matd !!

Refinery ahead of schedule so I expect q3/ q4 next year we will start to fill wow 500’000 is a lot of oil Abzzba

Pro I’m sure the Gov will be pressing for a detailed plan for filling pipeline storage tanks and refinery in readiness for next year many many barrels req’d and the 2 billion investment cannot fail , I would think that at least 10 wells this year and we need to see revised gazelle reserves

Pro that’s the best post I’ve read in ages !!

Very good Point abzzba we now have a plan c ....A Farm Out ....B sell 200MW funds then avail ...C Loan

NO doubt add a Few to store all our Oil :)

The Bank of Mongolia and commercial banks also expressed their support for providing preferential loans to enterprises through repo financing, and proposed that the Ministry of Industry and Mineral Resources work together by meeting with enterprises and providing unified information. In this regard, Deputy Minister of Industry and Mineral Resources B. Enkhtuvshin said, “The Ministry of Industry and Mineral Resources is interested in building fuel storage tanks as quickly as possible, with as little inconvenience to enterprises as possible and without putting pressure on banks. Mongolia experiences increased traffic during spring planting and autumn harvest. In addition, fuel consumption has increased dramatically in recent years, and international geopolitical tensions are not expected to abate, so there is a need to quickly build fuel storage tanks on schedule.”

https://mmhi.gov.mn/2026/02/25/%d1%88%d0%b0%d1%82%d0%b0%d1%85%d1%83%d1%83%d0%bd-%d0%bd%d3%a9%d3%a9%d1%86%d0%bb%d3%a9%d1%85-%d1%81%d0%b0%d0%b2-%d0%b1%d0%b0%d1%80%d0%b8%d1%85%d0%b0%d0%b4-%d0%b0%d0%b6-%d0%b0%d1%85%d1%83%d0%b9%d0%bd/

Agreed all point's .....we must get deal signed sealed and delivered prior to season start .... Rig's have to be booked and Petro China's inventory purchased

Https://mmhi.gov.mn/%d0%bc%d1%8d%d0%b4%d1%8d%d1%8d-%d0%bc%d1%8d%d0%b4%d1%8d%d1%8d%d0%bb%d0%bb%d2%af%d2%af%d0%b4/