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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.10 | 3.39% | 3.05 | 3.00 | 3.10 | 3.30 | 2.95 | 2.95 | 5,382,644 | 15:29:21 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Oil And Gas Field Expl Svcs | 201k | -2.95M | -0.0026 | -11.73 | 33.97M |
From Apr 2019 to Apr 2024
LONDON--Petro Matad Ltd. (MATD.LN) said Friday that a affiliate of Shell has agreed to pay $10 million to exit from production sharing contracts for Block IV and V located in west and central Mongolia, respectively.
The exploration company said BG Mongolian Holdings Ltd. will also pay a further $5 million upon completion of the reassignment of its stake. The $5 million payment is refundable should the company secure a partner for any of the two blocks.
Shares of Petro Matad at 0840 GMT trading 62.8% higher at 3 pence.
Write to Tapan Panchal at tapan.panchal@wsj.com
(END) Dow Jones Newswires
August 05, 2016 05:01 ET (09:01 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year Petro Matad Chart |
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