Central & SE Asia / Australasia

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Country summary: Mongolia

energy-pedia opportunities - Mongolia:
Current deals: 1
Licensing articles: 15
Completed deals: 9

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Mongolia - recent news

23 Jul 24
Mongolia: Petro Matad announces commencement of Heron-1 completion operations
Petro Matad, the AIM quoted Mongolian oil company, has announced that completion operations on its Heron-1 oil discovery commenced on 22 July. Once the surface equipment has been connected to the Heron-1 well and commissioned, the well will be ready for production start-up.
19 Jun 24
Mongolia: Petro Matad announces final results for Y/E 31 December 2023
Petro Matad, the AIM quoted Mongolian oil company, has announced its audited final results for the year ended 31 December 2023. The Company continued to push the Mongolian government and authorities to register Block XX Exploitation Area as State Special Purpose land and secured Cabinet approval for the certification in July.
25 Apr 24
Mongolia: Petro Matad announces operational update
Petro Matad, the AIM quoted Mongolian oil company, has provided an operational update. The Company is working with the local government agencies to secure the remaining approvals necessary from Matad District to allow the 2024 operational programme to commence. Preparations are being made to complete the Heron 1 well for production.
18 Jan 24
Mongolia: CGG selected as technical partner to support critical mineral exploration in Mongolia
CGG has been selected by the French government as a technical partner to support the LiMongolia project, a joint initiative by the National Geological Survey of Mongolia (NGS) and the French geological survey, BRGM, to evaluate the regional prospectivity of Mongolia for critical minerals, particularly uranium and lithium.
10 Jul 23
Mongolia: Petro Matad provides update on Velociraptor-1 well results
Petro Matad, the AIM quoted Mongolian oil company, has announced that the Velociraptor-1 exploration well in the Taats Basin of Block V located in central Mongolia reached a total depth (TD) of 1500m and wireline logging has been completed but unfortunately all the reservoirs encountered were water bearing.

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