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

25 Jun 26
Mongolia: Petro Matad announces final results for year ended 31 December 2025
Petro Matad, the AIM quoted Mongolian oil company, has announced its audited final results for the year ended 31 December 2025. 2025 was a standout year for Petro Matad with continuing production from Heron-1 and the exciting addition of Gazelle-1 in the fourth quarter.
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.

Mongolia - more news




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