Petro Matad Ltd

Petro Matad Limited is an oil exploration and production company operating in Mongolia through its subsidiaries. It holds a 100% interest in the Matad Block XX production sharing contract, covering approximately 214 square kilometers, and the Borzon Block VII production sharing contract, covering 41,141 square kilometers. The company also invests in renewable energy projects. Incorporated in 2007, Petro Matad Limited is based in Douglas, Isle of Man.