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MATD Petro Matad Limited

3.90
0.10 (2.63%)
19 Apr 2024 - Closed
Delayed by 15 minutes
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 2.63% 3.90 3.80 4.00 3.90 3.80 3.80 2,944,746 09:00:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 201k -2.95M -0.0026 -15.00 43.44M

Petro Matad Limited Directorate Change (2842Q)

11/09/2017 7:01am

UK Regulatory


Petro Matad (LSE:MATD)
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TIDMMATD

RNS Number : 2842Q

Petro Matad Limited

11 September 2017

11 September 2017

Petro Matad Limited

("Petro Matad" or the "Company")

Petro Matad, the AIM quoted Mongolian oil explorer announces that executive director Ms Amarzul Tuul has decided, for personal reasons, to step down from the Company's Board with immediate effect

However, Petro Matad is pleased to announce that Ms Tuul will continue to work for the Company as a consultant, providing her valuable input and assistance on the Government and Community Relations strategy, and will remain the Group appointed representative at the Mongolian Petroleum Exploration and Production Association.

Commenting, Enkhmaa Davaanyam, Petro Matad Chairperson, said:

"I would like to thank Ms. Tuul for her valuable support and insight which she has provided to the Board and business over the years and I am glad that she has agreed to continue this work on a consultancy basis."

-Ends -

For more information, please contact:

 
 
   Petro Matad Limited 
                                   +97 670 141 099 / +97 
 Ridvan Karpuz, CEO                 675 751 099 
 
   NOMAD and Broker 
   Stockdale Securities Limited 
 Richard Johnson / David 
  Coaten                           +44 (0)20 7601 6100 
 

Business Advisory Firm

FTI Consulting

    Edward Westropp                                              +44 (0)20 3727 1521 

About Petro Matad

Petro Matad is the parent company of a group focussed on oil exploration, as well as future development and production in Mongolia. At the current time, Petro Matad holds the sole operatorship of three Production Sharing Contracts with the Government of Mongolia. Block XX has an area of 10,340 km(2) in the far eastern part of the country, and Blocks IV and V have an area of 28,900 km2 and 21,100 km2, respectively, in the southwest part of the country.

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOASSAFIAFWSEDU

(END) Dow Jones Newswires

September 11, 2017 02:01 ET (06:01 GMT)

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