Matra Petroleum: Half Yearly Results
Matra Petroleum plc, the oil and gas Investing Company, today announces its results for the six-month period ending 30 June 2013. Highlights Operational – Successfully completed 2D and 3D seismic survey on the Sokolovskoe Field – Average production from the Sokolovskoe Field of 126.4 bopd Corporate – ALLTECH introduced as …
Matra Petroleum: Proposed Disposal of Arkhangelovskoe Licence
Matra Petroleum is pleased to announce that it has signed an agreement to dispose of its 100% interest in the Arkhangelovskoe Licence which includes the Sokolovskoe Field, to a third party, consisting of an initial payment of US$25 million with a further payment of US$10 million payable within nine months, …
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 …