Petro Matad has released an update announcing the commencement of its three-well 2025 flow testing programme, with activities now underway at Heron-2 helping underpin operational news flow going forward. The company has also received another cash payment for its oil sales, efforts continue on a Heron field farm out, and the company’s Heron license has also been extended.

26 Aug 2025
Petro Matad (MATD LN) - Operational update - Corporate

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Petro Matad (MATD LN) - Operational update - Corporate
Petro Matad Limited (MATD:LON) | 0.8 0 0.0% | Mkt Cap: 15.3m
- Published:
26 Aug 2025 -
Author:
Daniel Slater, CFA -
Pages:
6 -
Petro Matad has released an update announcing the commencement of its three-well 2025 flow testing programme, with activities now underway at Heron-2 helping underpin operational news flow going forward. The company has also received another cash payment for its oil sales, efforts continue on a Heron field farm out, and the company’s Heron license has also been extended.