Petro Matad has this morning released its interim results and an operational update on the Heron-1 well. The interims are of minor import as the newshas been covered over the year to date. However,on Heron-1, Petro Matad has encountered some delays in getting a permit to install long-term production facilities. This is not a major setback as the company will use temporary facilities in the short-term. The company has also reached anagreement in principle to sell and export through the facilities in the adjacent block XIX. This should allow production to start in October.
Petro Matad: Progressive
Sep 19, 2024Disclaimer & Declaration of Interest
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