Business
GAP Investment Forum and New Investor Presentation
GAP Investment Forum and New Investor Presentation.
About this update from Petro Matad Limited
[{"type":"text","content":"\n \nRNS Number : 4152W Petro Matad Limited 14 November 2017 \n\n14 November 2017\nPetro Matad Limited\n(\"Petro Matad\" or the \"Company\")\nParticipation in GAP Investment Forum and New Investor Presentation\nPetro Matad, the AIM quoted Mongolian oil explorer is pleased to announce it will participate in the Global Alliance Partner Investor Forum (GAP), to take place in Beijing, China on 17 November 2017. The GAP Investment Forum is hosted by Oceanwide Financial, in tandem with Minsheng Trust and Minsheng Securities.\nIn conjunction with our presentation at the GAP Investment Forum, a revised Investor Presentation has been uploaded to the Company's website, for the benefit of the investor community and potential farminees.\nThe link to the presentation is: http://www.petromatadgroup.com/wp-content/uploads/2017/11/Investor-Presentation-14_11_17-final.pdf\nThe presentation includes a summary of the Company's potential drilling targets in Blocks IV and V in preparation for the proposed 2018 drilling campaign, together with the lower risk potential in Block XX. \nThe Company's drill targets from Block IV and V will be selected following completion of the ongoing 3D seismic campaign, which is expected to conclude in late January 2018. Together with Irves 1 (Snow Leopard) and Takhi 1 (Wild Horse), the Falcon prospect, in the Tugrug basin, could be of particular interest since 3D seismic acquisition is expected to de-risk the trap configuration. The Company may also choose to drill in Block XX close to producing oil accumulations in Block XIX. The Company views exploration in Block XX as having a high chance of success, with the potential of providing early cashflow. \n \n \nFor more information, please contact:\n\n\n\n\n \nPetro Matad Limited\n\n\n\n\n\n\n\nMike Buck, CEO\n\n\n+97 670 141 099 / +97 675 751 099\n\n\n\n\n \nNOMAD and Broker\nStockdale Securities Limited\n\n\n\n\n\n\n\nRichard Johnson / Elhanan Lee\n\n\n+44 (0)20 7601 6100\n\n\n\n\n \n Business Advisory Firm\n FTI Consulting\n Edward Westropp  ...