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Petro Matad Secures Oil Sales Agreement for Block XX

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Petro Matad Secures Oil Sales Agreement for Block XX

Confident Investing Starts Here:

The latest update is out from Petro Matad ( (GB:MATD) ).

Petro Matad Limited has signed an Oil Sales Agreement with PetroChina Daqing Tamsag for the processing, transport, and export of crude oil from Block XX in Mongolia. This agreement marks a significant step for the company, facilitating the commercialisation of its production and establishing a cooperative routine with PetroChina, which is responsible for the oil’s export to China.

More about Petro Matad

Petro Matad Limited is an AIM-quoted company operating in the oil industry, primarily focused on the exploration and production of crude oil in Mongolia.

YTD Price Performance: 4.92%

Average Trading Volume: 5,615,149

Technical Sentiment Signal: Buy

Current Market Cap: £23.74M

Learn more about MATD stock on TipRanks’ Stock Analysis page.

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