4-Traders: Petro Matad Limited – 4th November 11 Operational Update

Petro Matad provides an update on its operations at the Davsan Tolgoi Project, part of the Company’s Production Sharing Contract (PSC) on Block XX in eastern Mongolia. This update is summarised as follows: • No oil was recovered during the testing of the Davsan Tolgoi 11 well (DT-11); • The oil shows that were encountered and reported during the drilling of DT-11 are now considered to be residual oil… To read the full article, click herePetro Matad Limited – 4th November 11 Operational Update

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