Petro Matad has announced various operational updates. These include an important regulatory permission for permanent Heron production facilities; further progress on Heron offtake agreements; preparations for Heron-2 well testing and targeted 2024 production; and an initial result from the Gobi Bear-1 exploration well, where further analysis will be required preparatory to potential flow testing.

07 Oct 2024
Petro Matad (MATD LN) - Heron updates; Gobi Bear-1 initial drilling result

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Petro Matad (MATD LN) - Heron updates; Gobi Bear-1 initial drilling result
Petro Matad Limited (MATD:LON) | 1.2 0 3.9% | Mkt Cap: 18.2m
- Published:
07 Oct 2024 -
Author:
Daniel Slater, CFA -
Pages:
6 -
Petro Matad has announced various operational updates. These include an important regulatory permission for permanent Heron production facilities; further progress on Heron offtake agreements; preparations for Heron-2 well testing and targeted 2024 production; and an initial result from the Gobi Bear-1 exploration well, where further analysis will be required preparatory to potential flow testing.