Central & SE Asia / Australasia
Country summary: Mongolia
| Current deals: | 1 |
| Licensing articles: | 15 |
| Completed deals: | 9 |
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Mongolia - recent news
| 28 May 26 |
Mongolia: Petro Matad announces operational update Petro Matad, the AIM quoted Mongolian oil company, has provided an operational update. PetroChina has advised that the 2026 Oil Sales Agreement will be approved imminently. Production from Heron-1 and Gazelle-1 continues in line with forecast. Work is continuing on the 200MW Hybrid renewable energy project. |
| 18 Feb 26 |
Mongolia: Petro Matad announces operational update Petro Matad, the AIM quoted Mongolian oil company, has provided an operational update. All production revenue withheld by PetroChina during 2025 has been paid - totaling $1.03 million. The 200MW Hybrid renewable energy project is progressing well. |
| 05 Nov 25 |
Mongolia: Petro Matad announces operational update Petro Matad, the AIM quoted Mongolian oil company, has provided an operational update. The Gazelle-1 well, which was tested in October, has been brought onto production at an initial rate of 200 bopd. Heron-2 re-test is ongoing. Heron-1 reached the first anniversary of production start-up with c. 60,000 barrels (bbls) having been produced to date. |
| 09 Oct 25 |
Mongolia: Petro Matad announces operational update Petro Matad, the AIM quoted Mongolian oil company, has provided an operational update. Gazelle-1 well test exceeds expectations. Heron-2 completion run and pumping has commenced. Heron-1 electrification installation completed. |
| 29 Sep 25 |
Mongolia: Petro Matad announces interim results for the six months ended 30 June 2025 Petro Matad, the AIM quoted Mongolian oil company, has announced its unaudited interim results for the six months ended 30 June 2025. |
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