Petro Matad Limited MATD
LSE · United Kingdom · Energy Minerals
GBp 0.8500+0.03 (+3.03%)
Market open· · GBp · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market open· · GBp · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
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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...
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...
Petro Matad Limited (AIM:MATD, OTC:PRTDF, FRA:HA3) told investors that the approval of its 2026 Oil Sales Agreement with PetroChina is expected shortly, potentially unlocking sales of around 35,000 barrels of Block XX crude accumulated so far this year. The AIM-quoted Mongolia-focused oil...
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