MATD Petro Matad Limited

0.8500GBp+3.03%Mkt Cap: 17.17M $P/E: —

Petro Matad Limited, together with its subsidiaries, engages in the oil exploration and exploitation in Mongolia. It holds 100% interests in production sharing contract blocks, including Matad Block XX that consists of a…

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Petro Matad shares drop 19% as PetroChina blocks deliveries

Shares in Mongolian oil company Petro Matad Limited (AIM:MATD, OTC:PRTDF, FRA:HA3) fell 19% to 0.98p after PetroChina instructed it to stop delivering crude. Following the edict, Petro Matad has shut its Heron-1 and Gazelle-1 wells. PetroChina’s Mongolian subsidiary said it could not process...

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Petro Matad production halted in Mongolia amid PetroChina row

Petro Matad Limited (AIM:MATD, OTC:PRTDF, FRA:HA3) has shut in its Heron-1 and Gazelle-1 wells after PetroChina ordered deliveries of Block XX crude to stop, extending a long-running dispute over the company’s 2026 Oil Sales Agreement. The move comes despite PetroChina providing written...

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