Detail akcie Petro Matad online

Business Summary: Petro Matad Limited is a Mongolia-based oil exploration company. The Company is engaged in the production, development and exploration of oil. The Company holds an operatorship of three production sharing contracts with the Government of Mongolia. Block XX has an area of approximately 10,340 square kilometers in the far eastern part of the country. Blocks, IV and V are located in central Mongolia. Block IV covers approximately 29,000 square kilometers and Block V approximately 21,150 square kilometers. Its subsidiaries include Capcorp Mongolia LLC, Petro Matad LLC, Central Asian Petroleum Corporation Limited (Capcorp), Petromatad Invest Limited and Petro Matad Services Limited.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Petro Matad Ltd revenues increased 75% to $351K. Net loss increased from $2.9M to $5.9M. Revenues reflect Other income increase from $0K to $135K, Interest income increase of 7% to $216K. Higher net loss reflects Exploration & Development Costs - Total increase from $137K to $2.2M, Exploration and evaluation expenditure increase from $137K to $2.2M (expense).