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Matra Gets Go-Ahead from Russian Authorities to Drill Next Well in '09
Matra's Russian subsidiary has received approval for a revised work schedule that allows the next well on the Arkhangelovskoe License to commence in 2009.
7:00 PM EST | January 04, 2009
Matra Acquires First Russian License
In its first deal in the Russian Federation, Matra Petroleum, in return for the issue of 55,000,000 new shares, is to acquire the Arkhangelovskoe Exploration License that is in close proximity to existing production near Orenburg.
8:00 PM EST | March 28, 2007