Petro Matad Ltd (MATD)

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Company Description

Petro Matad Ltd was incorporated in the Isle of Man on 30 August 2007. The Company is engaged in the exploration, development, and production of oil reserves in Mongolia. Its assets include production sharing contracts over the exploration blocks, including the Matad Block XX, a petroleum block covering an area of 10,340 square kilometers in Mongolia and Bogd Block IV and Ongi Block V, totaling approximately 50,000 square kilometers...