Petro Matad Limited Company News

Recent Articles

Results 14 articles shown

Petro Matad Drills Into Mongolia - Last Frontier For Onshore Oil
Tuesday, March 20, 2018Petro Matad plans to drill four wells this year in Mongolia, which it said is one of the last onshore frontiers for oil exploration.

Petro Matad Progresses Mongolian Drilling Program
Friday, January 27, 2017In preparation for its drilling program in Mongolia's Blocks IV and V, which is expected to commence in mid-2017, Petro Matad Limited has issued a tender for a drilling rig and related services.

Petro Matad Updates on Blocks IV, V Exploration Program in Mongolia
Monday, August 29, 2016Petro Matad gives an update on its exploration program in Mongolia's Blocks IV and V, with firm likely to issue a drilling tender before end of 2016.

Petro Matad, Shell Agree Block IV, V Exit Deal
Friday, August 05, 2016Petro Matad's affiliate reaches an agreement with Shell's affiliate company in relation to an exit from the Mongolian Block IV and V Production Sharing Contracts.

Petro Matad, BG Delay Mongolia Drilling
Wednesday, February 03, 2016Petro Matad Limited and BG Group delay their drilling program in Mongolia's Block V.

Petro Matad Updates on Operations, Planned Work in Mongolia's Blocks IV, V
Friday, October 30, 2015Petro Matad updates on operations and planned activities in Blocks IV and V in central Mongolia.

Petro Matad Awards Data Acquisition Contract to Bellgeo Enterprises
Friday, August 07, 2015Petro Matad awards a full tensor gradiometry data acquisition and processing services contract to Bellgeo Enterprises, which will cover approximately 4,247 square miles onshore Mongolia.

Petro Matad Appoints New Chairperson and CEO
Friday, July 17, 2015Petro Matad appoints Enkhmaa Davaanyam as a non-executive, non-independent chairperson and Ridvan Karpuz as the CEO of the company.

Petro Matad Completes Farm-out of Blocks IV and V in Central Mongolia
Monday, June 22, 2015Petro Matad announces that it has completed its farm-out of Blocks IV and V, located in Central Mongolia, to BG Group.

Petro Matad Farms Out 78% Stake in Mongolia's Blocks IV, V to BG
Wednesday, April 08, 2015Petro Matad agrees to farm out a 78 percent stake in Blocks IV and V in central Mongolia to BG.

Petro Matad Provides Update on Operations at Blocks IV, V in Mongolia
Thursday, May 08, 2014Petro Matad updates on its operations in central Mongolia, including seismic results acquired over Blocks IV and V and the farmout process.

Petro Matad Completes 2D Seismic Acquisition in Central Mongolia
Monday, November 25, 2013Petro Matad completes 124 miles of 2D seismic acquisition on Blocks IV and V in central Mongolia.

Khet Completes Half of a 2D Seismic Acquisition Program in Central Mongolia
Thursday, November 07, 2013Petro Matad discloses that geophysical contracting company Khet Co. has completed half of its 124 mile 2D seismic acquisition program on Blocks IV and V in central Mongolia.

Petro Matad Provides Update on Company Operations in 1H 2013
Tuesday, September 24, 2013Petro Matad, a Mongolia-based oil exploration company, provides unaudited interim results on the firm's operations for the first half of this year.