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Progressive publishes new research

19 Jan 2022 07:18

RNS Number : 9384Y
Petro Matad Limited
19 January 2022
 

Promising outlook for 2022 - Heron moving ahead

 

Petro Matad issued a trading update in December highlighting that the company is on track for its target of starting production at its Heron oil discovery in Mongolia in the middle of 2022. The Heron field is located in Block XX, where the company has a 100% working interest. This production will allow Petro Matad to start generating cash flow, which will give the company the funds required to accelerate its anticipated work programme.

 

 

Click here for full analysis

 

Subscribe to Progressive's research, which is freely available to every type of investor, and be kept informed about our regular programme of investor engagement. 

About Progressive:

 

Progressive is an equity research and investor engagement company. FCA authorised and regulated, the firm has a 15-strong team of highly experienced analysts. We provide Institutional grade research and connect companies with investors across every sector of the market.

 

www.progressive-research.com

 

Broad coverage

 

Analyst calibre

 

across 12 sectors

 

 

 

 

 

 

Business Services

Oil & Gas

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with average

20years

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techMARK

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StarMine

 

For further information please contact:

 

Keith Hodgskiss

+44 (0) 20 7781 5300

khodgskiss@progressive-research.com

 

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Date   Source Headline
21st Apr 201112:13 pmRNSIssue of Equity
12th Apr 201112:44 pmRNSIssue of Equity & Director/PDMR Shareholding
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20th Jul 20103:02 pmRNSExercise of Options
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9th Jul 20103:12 pmRNSNotice of AGM
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24th Jun 20103:08 pmRNSFinal Results - Correction
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11th Jun 20102:34 pmRNSRecommencement of Operations at Davsan Tolgoi
1st Jun 20107:00 amRNSTemporary Suspension of Activities at DT-1
17th May 201011:59 amRNSDirectorate Change
11th May 201011:16 amRNSOperational Update
5th May 20102:23 pmRNSHolding(s) in Company
24th Mar 20109:26 amRNSAppointment of Exploration Manager
1st Mar 201012:00 pmRNSTotal Voting Rights
1st Mar 201012:00 pmRNSDirector/PDMR Shareholding
22nd Feb 20107:42 amRNSIssue of Equity
4th Feb 20109:10 amRNSDirector/PDMR Shareholding
20th Jan 20102:10 pmRNSDisposal
6th Jan 201010:12 amRNSDirector/PDMR Shareholding
18th Dec 200911:15 amRNSInvestment by the EBRD

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