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Petro Matad

Contacts

Hong Kong Representative Office
3905 Two Exchange Square
Suite No. 7703
8 Connaught Place
Central, Hong Kong

Tel: +852 3189 2564

Mongolian Operations Office
Suite 508 Blue Sky Tower
Peace Avenue 17
Sukhbaatar District
Ulaanbaatar 14240
Mongolia

Tel: +976 7014 1099

Description

Petro Matad is a group focussed on oil exploration, as well as potential future development and production in Mongolia. The Group’s assets consist of Production Sharing Contracts (PSCs) over the following exploration blocks:

  • Matad Block XX, with an area of 10,340km² in the far eastern part of Mongolia near the Chinese border
  • Bogd Block IV and Ongi Block V, adjacent to each other in west central Mongolia totalling approximately 50,000km²

 While the Group possess the largest fully licensed accumulative acreage in Mongolia, as compared to other operators, it will continue to seek, as appropriate, new opportunities in the oil sector of Mongolia and to participate in the exploration and development of those areas.

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