Petro Matad Ltd (LSE:MATD)

UK company
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Market Info - MATD

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Company Info - MATD

  • Market Cap£16.270m
  • SymbolLSE:MATD
  • IndustryEnergy
  • SectorOil & Gas E&P
  • Currency
  • ISINIM00B292WR19

Company Profile

Petro Matad Ltd is engaged in the exploration, development, and production of oil reserves in Mongolia. The company holds 100% interest in 3 PSC Blocks (IV, V, and XX) totaling more than 60,000 square kilometers and more than 21,000 square kilometers of prospective basins. Its only geographical segment includes being Mongolia.Petro Matad Ltd is engaged in the exploration, development, and production of oil reserves in Mongolia. It has three production sharing contracts, which are all in the exploration stage: Blocks IV, V, and XX, covering a total area of 60,340 km2.

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