#MATD POSITIVES✅🏁 Permit no longer needed. Massive positive! Order to start production issued PROGRESS🔜🏁 Processing agreement nearly done Heron-2 tight deadline for November on-stream plan Gobi Bear-1 uncertain❓ 1 well confirmed 1 flow test & stimulation 🔜 1 evaluation

#matd work continues at Heron 1 and 2. Production starting next week?

Petro Matad is proud to support the President of Mongolia's initiative to plant one billion trees by 2030 which was pledged during his address at the General Debate of the 76th session of the UN General Assembly in New York in September 2021.

Company representatives partook in the planting of the tree seedlings well into the night. Trees are important to combatting desertification and deforestation and we are delighted to do our part in maintaining Mongolia's ecosystem. #MATD

#MATD Sat update, Heron-1 & 2. Activity at H1 is lower, might mean it is finished. H2 still showing ongoing movement, construction.

#MATD More information about Sunsteppe projects. Choir project: IRR up to 20%+ IRR, 18yrs This is the project for which there have been recent job postings Battery storage project: 25yrs, scalable japan.investmongolia.gov.mn/download/PITCH…

#MATD 🧵1/4 Renewables speculation: RNS 29 May 2024 states the below. We know Sunsteppe can provide green hydrogen solutions based on the Oyu Tolgoi project.

#MATD Satellite update. H1 - we know it's done from latest RNS. H2 - activity ongoing, strip is being filled with something, anyone can identify the process taking place there? Gobi - most likely little activity, processing of data happening for further evaluation

#MATD Pump it, baby🛢️

#MATD Mongolia and China intensifying collaboration with focus on O&G. "Dai Houliang, head of the TUZ of the China Oil and Natural Gas Corporation (...) said that the parties should work together to intensify oil exploration and exploration." mmhi.gov.mn/2024/10/21/%d0…

#MATD 🧵1/7 Historic day being celebrated by authorities (attached post), locals, stakeholders and shareholders. Collections of pictures from various sources below. A celebration of perseverance, endless effort, overcoming hurdles of exploration and legislation.

万陈 I agree with some of your points, with others not so much, but I appreciate your input, always good to have a discussion as I may be wrong. About flow rates - The Mineral Resources and Petroleum Authority wrote the production is currently at 200 bopd. facebook.com/AsigtMaltmalGa…

#matd latest satellite images 05/11/24. fireworks have started at PM.

#matd work continues at H2 . H1 continues to flow oil . Left 05/11 right 07/11 @petro_matad we need the RNS with flow rates

#matd Activities at H2.. Rig has been dismantled and a red crane has moved in to continue work at H2.. Left with the rig Right with a crane

#matd latest images Left 21/05 Right 28/04

Petro Matad: “Heron-1” цооногоос олборлосон газрын тосны төлбөрийг авахад бэлэн болсон bloombergtv.mn/news/mbeigt via Bloomberg TV Mongolia

Location of oil fields in Mongolia and China. Block 20 bottom left. South west.

#MATD latest satellite images show work has commenced at H2. Red crane working at the well. Left image from 25th July right image from 28th july

If you missed our Investor Meet Company presentation yesterday, you can catch a full recording at the link below #MATAD youtube.com/watch?v=0zhzbY…