Petro Matad Share Price (MATD)

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Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Petro Matad	LSE:MATD	London	Ordinary Share	IM00B292WR19	ORD USD0.01

	Price Change	% Change	Share Price	Shares Traded	Last Trade
	-0.05p	-1.56%	3.15p	1,501,251	16:35:19

Bid Price		Offer Price	High Price	Low Price	Open Price
3.00p		3.15p	3.15p	3.05p	3.15p

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Oil & Gas Producers	0.16	-7.35	-2.37		20.9

Related Shares
Shell A (RDSA), BP (BP.), Katoro Gold (KAT), Spitfire Oil (SRO)

Petro Matad (MATD) Latest News

Petro Matad News

Date	Time	Source	Headline
11/1/2019	14:00	UKREG	Petro Matad Limited Price Monitoring Extension
10/1/2019	14:12	ALNC	Petro Matad Keen To Start Block XX Operations, Block V Tests Promising
10/1/2019	07:43	ALNCF	Alliance News Flash Headline
10/1/2019	07:01	UKREG	Petro Matad Limited Corporate presentation and Investor meeting
10/1/2019	07:00	UKREG	Petro Matad Limited Operational update
03/1/2019	07:00	UKREG	Petro Matad Limited Corporate Presentation Update
26/11/2018	11:05	UKREG	Petro Matad Limited Second Price Monitoring Extn
26/11/2018	11:00	UKREG	Petro Matad Limited Price Monitoring Extension
26/11/2018	10:36	ALNC	Petro Matad Shares Drop On Disappointing Baatsagaan Drilling Results
26/11/2018	09:00	UKREG	Petro Matad Limited Price Monitoring Extension

More Petro Matad News

Petro Matad Takeover Rumours

Petro Matad (MATD) Share Charts

1 Year Petro Matad Chart

1 Month Petro Matad Chart

Intraday Petro Matad Chart

Petro Matad (MATD) Discussions and Chat

Petro Matad Forums and Chat

Date	Time	Title	Posts
22/1/2019	08:07	MATD TO 01P BEWARE OF THE CON	722
21/1/2019	12:53	Petro Matad - Fully funded 6 well campaign for H2 2018/H1 2019	1,621
20/9/2018	07:33	MR EVILS ADFVN UNITED DRIBBLERS THREAD	4
06/9/2018	20:00	Petro Matad - Fully funded 6 well campaign for H2 2018/H1 2019	318
26/7/2018	17:04	The Resurrection Of MATD	366

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Petro Matad (MATD) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
2019-01-22 16:35:19	3.15	22,800	718.20	UT
2019-01-22 16:24:30	3.07	32,899	1,010.00	O
2019-01-22 16:16:19	3.10	50,000	1,550.00	O
2019-01-22 16:15:52	3.10	50,000	1,549.00	O
2019-01-22 15:42:20	3.05	1,000	30.50	O

View all Petro Matad trades in real-time

Petro Matad (MATD) Top Chat Posts

Date	Subject
22/1/2019 08:20	Petro Matad Daily Update: Petro Matad is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker MATD. The last closing price for Petro Matad was 3.20p. Petro Matad has a 4 week average price of 1.65p and a 12 week average price of 1.60p. The 1 year high share price is 13.90p while the 1 year low share price is currently 1.60p. There are currently 662,196,306 shares in issue and the average daily traded volume is 3,473,135 shares. The market capitalisation of Petro Matad is £20,859,183.64. Read Full Thread Reply
19/11/2018 19:16	the abbot: Well with Thursday being 30 days, It seems pretty obvious that the first 2 zones have nothing to write home about, that, and the current share price action is seemingly starting to point towards a duster. Certainly anything of any note would have been notified..oh well thats exploration for you. The big concern is that pretty much everything was riding on this it seems, if matd dont bring this in, the share price is going to be on the floor, still a chance of a surprise but I understand why people are exiting. Read Full Thread Follow Reply
24/9/2018 17:39	sunnybeachboy: Matd will be on twitter soon. I then sent them some examples of what aaog post. Got a reply straight back. Our potential oil reserves are valued at 4.8p a barrelot which is far too low. I took mote today and holding nearly 1.3m shares nows. If wild horse comes in I think 40p will be adied to the share price. And if fox comes in another 15person to be added to the share price. I can see a share price of 65p if wild horse and fox come in. Tick tock . Read Full Thread Follow Reply
18/9/2018 03:04	pro_s2009: Block XX needs a minimum spend of 20m US$ to qualify and remain viable. For me Block XX was (and still is) the back up plan..........if Blocks IV and V have no oil (if SL-1 and Fox-1 and WH-1 all fail), then Block XX is the only hope to generate some value for MATD. And one successful small drill on XX is worth more than 8p a share. So a few successful wells on Block XX will see a very significant return and a very much higher share price than 8p. The big game is of course Blocks IV and V. The rejig of drilling now means : Current drilling rig drills SL-1 and then goes to WH-1 and drills that and then is left in storage there and then drills Fox-1 in late March 2019. All 3 drills back to back with a winter in between. As we stand now, the Block XX 3 wells will not be tendered for drilling until well into Q1 2019........ and by that time SL-1 and WH-1 will have been drilled and whatever they find will be known. What I believe they will do, and what I would do if I was MB would be to push Block XX into Q3 2019 with a rig tender being called in late Q2. Then drill SL-1 and WH-1 this year and Fox-1 early in Q2 2019. In the event they all fail, proceed with Block XX rig tender. Thats the best way Any success and then forget Block XX and proceed with appraisal drills on Blocks V and IV whilst at the same time agreeing the farm in deal with a Super Major for the discoveries and potential exploration. Keep banging on...........but if Blocks IV and V have oil then there is potential recoverable resources there of over 20 Billion Barrels. To put that into context....... The whole of the UK (every license) has the potential for 20 Billion Barrels of as yet undiscovered recoverable oil left. MATD license Blocks IV and V has the same potential 20 Billion Barrels of as yet undiscovered recoverable oil. That is the simple fact why Shell and other Super Majors have been in discussion with MATD already. The potential there is mind blowing, if that potential can be proven to be real. The only way to prove it, or not, is to drill SL-1 and Fox-1 in Block V and WH-1 in Block IV. I like the odds simply that you have massive explosive upside from Blocks IV and V, the likes of which have not been seen on any junior oil stock on AIM (even BPC could only muster 2 Billion recoverable barrels potential, this is 10 times bigger and Shell and other Super Majors have actually already been in discussion with MATD about potential farm in on any oil strike in IV and C) but you have the back up plan that if all that explosive upside does not happen, you have 3 fully funded appraisal wells to drill in Block XX which is worth multiples of the current share price. That minimizes the risk (not the share price swings in between) but the overall risk that any money invested today should give handsome returns by late Q3 2019 at the worst - whilst exposing yourself in the coming months to very significant upside on any Block IV and V success. The odds are always against, the chance of failure on Blocks IV and V is much higher than the chance of success......but I am happy to hold and wait for any success, if it should happen. And if not, then on to the next well and if the 3 big ones fail then its the small Block XX ones as the back up plan. Read Full Thread Follow Reply
27/8/2018 02:24	pro_s2009: Snow Leopard 1 is a very simple Tilted Normal Fault Block. This kind of play is very successful around the world. All it needs is the short amount of migration to have occurred. I think the most prolific of trapping styles to have oil in the North Sea is Tilted Normal Fault Blocks and so, not surprising BG technical team liked Snow Leopard. Its from 7 minutes in that he says the SL-1 is a favourite of BG. ( HTTP://s000.tinyupload.com/?file_id=89956165754865029086 ) I dont think there is any question on the technical side with both SL-1 and WH-1 in blocks V and IV. BG farmed in, Super Majors are very interested. All it needs is 1 successful drilling result and then the big interest will fly in. Everyone will want to buy in as there are billions of barrels at play in Mongolia. BG loved Snow Leopard. Shell are excited over Wild Horse. The same will be with the MATD share price.........get it derisked with a good oil strike and you will see large institutional buying coming in the following months. Just need, as ever, to strike some oil in the first 2 drills to get things exciting. Read Full Thread Follow Reply
25/8/2018 04:23	pro_s2009: Well nicky if you take the wells planned for this year : 2018 Mid case - 100% owned Snow Leopard-1 90 MMBO circa 60p a share Wild Horse-1 480 MMBO circa 320p a share Gazelle 13 MMBO circa 8.5p a share Drill TBC - ??MMBO circa ?,? a share (tbc...will be in Block XX) 2019 Mid case - 100% owned Red Deer-1 48 MMBO circa 32p a share Fox-1 200MMB circa 132p a share Even is SL-1 fails and WH-1 fails..........then you have 2 very high COS drills that are worth 40p a share and the strongest of all the COS (in Gazelle) is worth the current share price on its own on success. So plenty of back up. And then, even if everything fails.......you have Fox-1 well to be drilled based on, live oil shows from coring, excellent 3D seismic and the Fox-1 well in H1 2019 is worth 133 pence a share if it strikes on mid-case estimates. So there are plenty of back up all the way to mid next year. Nobody needs to panic sell on a duster, nobody needs to get stressed, just dont use spread bets or other short term leverage, simply buy shares, sit back, relax and enjoy the drilling as it happens. Even little high COS Gazelle this year, covers the whole MATD share price in case of a mid case oil strike.......... so lots of back up. Read Full Thread Follow Reply
24/8/2018 13:24	pro_s2009: Cash, what I mean is at the current moment in time MATD is fully funded for 6 wells and AAOG has enough money for its ongoing one.... So at the current share price, if we take worse case scenario for both MATD and AAOG then MATD is fine for another 5 drills whereas AAOG has to raise money to proceed via a placing. So in the worst case scenario of both SL-1 and 103 failing for MATD and AAOG, then MATD is in a better position short term. I just work on the potential effect on the share price. But, each to their own view, thats what makes for good discussion. Read Full Thread Follow Reply
24/8/2018 11:23	pro_s2009: Well, it has history. BG, who were not small fry, were very interested and indeed farmed in prior to any drilling. A lot of large companies will be very interested, all it needs is a good result and I think Mike Buck will have a queue of people wanting to talk to him. This is basin opening potential here, one strike and they will come running in for the chance of half a billion barrels of onshore cheap to produce and easy to sell for good money oil. Trouble is, we need the oil strike on either Block V or Block IV to really see a massive increase in the MATD share price. Ten bagger stuff if it comes off, and if it fails then there is back up of another 4 less risky but smaller drills to come after the first 2. Read Full Thread Follow Reply
17/8/2018 01:14	pro_s2009: TS, results of the drill at the end. A company has to be clear in the spud RNS if it will be a tight hole or not. MATD clearly said update at the end of drilling. gus3000, yes its being shorted. You can tell that from the constant offloading. Any serious seller would be wanting the best price, only a shorter wants to drag the price down. However shorters create opportunities to buy and if good news comes the shorters will create massive buying pressure, so all is fair, they will either get a nice low entry price for Wild Horse-1 on a duster, or they will be burned like hell on a positive Snow Leopard-1 result. This is AIM small oiler drilling...........especially in August. Low volume month allows shorters to play. They are taking a big risk on this one, even though its 90% in their favour for a duster, the over subscribed placing tells them that in the event of good news there will be a massive wave of buying on that good news. Just like people who top slice a rising price (as I have with BPC) they will likely as August draws to a close, buy back a certain amount of their shorts to minimise risk on any good news. They also know their is significant interest in Wild-Horse-1 - probably one of the potential most valuable drills on AIM in 2018 for any company. Its a binary bet though. SL-1 is good, price rockets ahead of WH-1. SL-1 is no good, price will drop before recovering somewhat into WH-1. The longs have 6 fully funded drills to recover. The shorters have nothing, a good result on any of the drills and they are bust. Technically Blocks IV and V have been reviewed by BG ahead of the farm in, so some good people were very interested in IV and V (SL-1 and WH-1). However, the only thing that counts is the words "potential net pay" when the drilling update comes in September. TS, Mike Buck and his team wont give a monkeys about the share price at the moment, they are not playing short term trading via spread bet. The share price will respond to positive or negative news and thats it. The only thing I would suggest is that if Snow Leopard-1 or Wild Horse-1 do strike oil then Mike and his team will be going into overdrive mode on the PR front. Find oil and farm out is their strategy. Its possible in the event of a strike at SL-1 or WH-1 that the two Block XX drills will not be done, which may be why they are dragging their heels on the rig contract there. Sit back, relax and enjoy the ride. September soon. At the moment the shorters are winning but that can change in an instant. Day 39 of a 50 to 70 day drill. News anytime from 27th August.......... Read Full Thread Follow Reply
16/8/2018 08:26	s1zematters: basem1 Cash is circa 3p a share and burning daily. The license is at this moment a liability until any oil discovery it's (matd share price) not cheap, you are paying 2.5x cash for a 28% chance of a Wildcat drilling strike. Expensive punt!!!! It may have been cheap at 7p this time last year before equity dilution of $35 million worth of shares were issued. Read Full Thread Follow Reply
25/7/2018 22:42	pro_s2009: Looks like we have a little team of the twerps turned up. Added to my filter list are : big brother8 cricket Altered Carbon MATD is a very exciting stock now with 6 drills ahead, and with Wild Horse-1 being a massive potential there are a lot of people wanting to buy in ahead of Wild Horse-1. However, they also want to be in other stocks at the moment, which means they hate seeing the MATD price rise and want it to fall. So, after a day with a 10% MATD rise suddenly the board is full of new names posting complete nonsense. Therefore, added to my filter list are : big brother8 cricket Altered Carbon I am sure they will make up lots more user names to keep on posting nonsense as they want the MATD price down until they are ready to buy in. Got to laugh at them......... how pathetic is that. Read Full Thread Follow Reply

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