Petro Matad

271 posts

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Petro Matad

Petro Matad

@Petro_Matad

AIM quoted Mongolian oil explorer

Mongolia Katılım Ekim 2018
171 Takip Edilen1.1K Takipçiler
Petro Matad
Petro Matad@Petro_Matad·
🌍We are also pleased to report a reduction in emissions following grid connection. #MATD
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Petro Matad
Petro Matad@Petro_Matad·
🔧These costs savings include decreased fuel consumption, maintenance and logistical requirements.
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Petro Matad
Petro Matad@Petro_Matad·
⚡We were pleased to officially connect Heron-1 to the Mongolian electricity grid on 11 December 2025.⚡
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Petro Matad
Petro Matad@Petro_Matad·
💡We are already seeing an approx. 75% reduction in power costs versus diesel generation to date.
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Petro Matad
Petro Matad@Petro_Matad·
🤝Our presentations on the execution and successful completion of the 2025 work programme were well received🤝
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Petro Matad
Petro Matad@Petro_Matad·
We proposed the development of long-term policies & procedures suited to operators of different sizes in Mongolia’s oil sector & the establishment of clear regulatory procedures for cooperation between operators, particularly in relation to the sharing of equipment & facilities✅
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Petro Matad
Petro Matad@Petro_Matad·
Our annual Block XX meeting with MRPAM was successfully held and concluded on 5 March 2026📝
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Petro Matad
Petro Matad@Petro_Matad·
Operational Update: 💰 $1.03m of 2025 production revenue withheld by PetroChina has now been paid 📝 2026 Oil Sales Agreement wording is being finalised 🤝 Farm-out discussions for Block XX with one potential partner are nearing completion londonstockexchange.com/news-article/M… #MATD
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Petro Matad
Petro Matad@Petro_Matad·
The signing occurred at the Mongolia-China Investment Event, co-organized by the Embassy of the People's Republic of China in Mongolia, the National Chamber of Commerce and Industry of Mongolia (MNCCI) and the Chinese General Chamber of Commerce in Mongolia.
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Petro Matad
Petro Matad@Petro_Matad·
Today, Petro Matad and PetroChina’s Mongolian affiliate signed a Memorandum of Understanding as a show of commitment on strengthening their cooperation in the Tamsag region of Dornod Province where they are both operators and neighbors on 3 exploitation blocks.
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Petro Matad
Petro Matad@Petro_Matad·
This demonstrates the company’s strong compliance across our field and production operations and is a testament to the company’s conscious care for the environment and efforts to protect it. #MATD
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Petro Matad
Petro Matad@Petro_Matad·
We were pleased to be awarded a score of 96.4% which is a great result in what has been our first full year of oil production.
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Petro Matad
Petro Matad@Petro_Matad·
Petro Matad’s performance has been reviewed for compliance against the approved Block XX 2025 Environmental Management Plan by the Dornod Aimag Environmental Implementation Committee.
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