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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Petro Matad Limited | LSE:MATD | London | Ordinary Share | IM00B292WR19 | ORD USD0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.15 | -3.85% | 3.75 | 3.70 | 3.80 | 3.90 | 3.75 | 3.90 | 3,514,449 | 15:41:52 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Oil And Gas Field Expl Svcs | 201k | -2.95M | -0.0026 | -14.42 | 41.77M |
TIDMMATD
RNS Number : 9560G
Petro Matad Limited
11 August 2016
11 August 2016
Petro Matad Limited
("Petro Matad" or the "Company")
Financial Update
Further to the Company's announcement of 5th August 2016, Petro Matad confirms that the $10,005,303 exit payment stipulated by the Farmout Agreement has now been received by the Company.
Upon completion of the reassignment a further $5m payment is due from Shell.
A further announcement will be made in due course
Further Information:
Petro Matad Limited
Ridvan Karpuz, CEO
+976 70141099 / +976 75751099
NOMAD and Broker
Stockdale Securities Limited
Richard Johnson / David Coaten
+44 (0)20 7601 6100
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUASARNAAWAAR
(END) Dow Jones Newswires
August 11, 2016 07:43 ET (11:43 GMT)
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