Mongolia: Petro Matad announces operational update energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.
Mongolia-focussed oil company Petro Matad said in an update on Thursday that it was actively engaged with local government agencies to secure the necessary approvals from Matad District to kickstart its 2024 operational programme.
Petro Matad, the AIM quoted Mongolian oil company, has provided an operational update. The Company has secured more time on the Block V Exploration PSC and plans for drilling Velociraptor-1 being progressed. Petro Matad also intends to participate in the recently announced 2022/23 Mongolia licencing round.