(ShareCast News) - Petro Matad revealed it had lost its partner in the Block IV and V production sharing contracts in west and central Mongolia on Friday.The AIM-traded company said that, on 28 April, ...
The supermajor’s decision to exit from Block IV and V was “based on optimisation of its own portfolio and it is not related to the technical prospects for the blocks”, partner Petro Matad said. The ...
(ShareCast News) - The Mongolian government has approved the reassignment of interests in two oil blocks worth about $15m from Royal Dutch Shell to Petro Matad.The reassignment of blocks four and five ...