Petro Matad (GB:MATD) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Petro Matad Limited has commenced oil production from its Heron-1 well in eastern Mongolia, a significant development for the company. The beam pump on Heron-1 has been activated, and initial transportation of produced fluid to nearby facilities has been successful. This milestone was marked by a ceremony attended by high-ranking Mongolian government officials.
For further insights into GB:MATD stock, check out TipRanks’ Stock Analysis page.
