RE: All the Ingredients Are There—Now It’s on Management26 Apr 2026 20:28
Borzon Block VII Commitment & Costs
Under the terms of the Production Sharing Contract (PSC) signed in early 2025, Petro Matad has committed to a phased exploration program:
• Phase 1 (First 2 Years): The company is committed to a spend of approximately $980,000. This includes all PSC fees and low-cost exploration activities.