Aim Bulletin

Losses narrow at Petro Matad as oil revenues start to flow

By Abigail Townsend

Date: Monday 29 Sep 2025

(Sharecast News) - Petro Matad said on Monday that half-year losses narrowed, after the Mongolian-focused energy firm received its first-ever oil revenues.
Production at the AIM-listed firm's Heron-1 well in Block XX, eastern Mongolia, began in October 2024, with oil transported to neighbouring facilities in Block XIX for processing, storage and...

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