Petro Matad has announced that it has now received the first payment for offtake of its Heron oil production from Petro China. This is an important moment that helps prove up the viability of these offtake arrangements, helping underpin future potential production increases from Heron and other Block XX discoveries.

18 Jun 2025
Petro Matad (MATD LN) - First Heron offtake payment received - Corporate

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Petro Matad (MATD LN) - First Heron offtake payment received - Corporate
Petro Matad Limited (MATD:LON) | 1.3 0 2.0% | Mkt Cap: 18.9m
- Published:
18 Jun 2025 -
Author:
Daniel Slater, CFA -
Pages:
6 -
Petro Matad has announced that it has now received the first payment for offtake of its Heron oil production from Petro China. This is an important moment that helps prove up the viability of these offtake arrangements, helping underpin future potential production increases from Heron and other Block XX discoveries.