Barskiy Joins Matra, Investing 4.6m GBP
Matra, the independent oil and gas exploration and production Company with operations in Russia, is pleased to announce that it has entered into an agreement with Mr. Maxim Barskiy, pursuant to which it is proposed that Mr Barskiy will become a strategic investor and a non-executive director of the Company. …
Matra Petroleum: Well A-13 Successfully Tested
Matra Petroleum PLC, the independent oil and gas exploration and production company with operations in Russia, announced its results for the 12 month period ending 31 December 2011. Highlights: Operational • Well A-13 validated following successful extended well test Financial • Successfully raised £1.2 million through a placement in November 2011 …
Matra Petroleum Operations update on the Sokolovskoe Field
Matra, an independent oil and gas exploration and production Company with operations in Russia, announces an update on its operations and plans in the Sokolovskoe Field, Russia. Current Operations Well-12 Well-12 has suffered from a build-up of wax in the tubing and an increase in water cut to 70% and …
Matra Petroleum Operations Update and Well Leak – June
Matra, an independent oil and gas exploration and production company with operations in Russia, is pleased to announce the following operations update for its Sokolovskoe Field: Well-12 Following pressure analysis and well testing which had indicated that Well-12 would benefit substantially from acid treatment, Well-12 was successfully treated with acid …