Executive Summary
Petro Matad Limited is the parent company of a group focussed on oil exploration, as well as future development and production in Mongolia. The Group's (being Petro Matad Limited and its trading subsidiaries) principal asset is a production sharing contract for Block XX, a petroleum block with an area of 18,956km(2) in the far eastern part of Mongolia. Petro Matad intends to focus its resources on further exploration and appraisal of Block XX.
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