Aim Bulletin

Petro Matad shares slide on eastern Mongolia update

By Josh White

Date: Thursday 14 Nov 2024

(Sharecast News) - Shares in Petro Matad were sliding on Thursday, after the company updated the market on operations on its Heron-1 production and Heron-2 well testing in eastern Mongolia's Block XX.
The AIM-traded firm said Heron-1 was producing oil at an initial rate of 200 to 300 barrels per day,...

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