Petro Matad has announced that it has gained approval from the local authority for the required land access for its planned 2024 Heron programme, which includes bringing the existing Heron-1 well onstream, and commencing development drilling. This represents an important step forward for the company and should, in our view, now underpin the 2024 Heron work programme.
![working](/images/WorkingLarge.gif)
01 Mar 2024
Petro Matad (MATD LN) - Heron land access progress
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Petro Matad (MATD LN) - Heron land access progress
Petro Matad Limited (MATD:LON) | 2.8 0 (-0.2%) | Mkt Cap: 41.9m
- Published:
01 Mar 2024 -
Author:
Daniel Slater, CFA -
Pages:
6 -
Petro Matad has announced that it has gained approval from the local authority for the required land access for its planned 2024 Heron programme, which includes bringing the existing Heron-1 well onstream, and commencing development drilling. This represents an important step forward for the company and should, in our view, now underpin the 2024 Heron work programme.