Petro Matad Limited Further re Directorate (1975X)
22 November 2017 - 6:01PM
UK Regulatory
TIDMMATD
RNS Number : 1975X
Petro Matad Limited
22 November 2017
22 November 2017
Petro Matad Limited
("Petro Matad" or the "Company")
Appointed to the Board of Mike Buck, CEO
Further to the announcement of 25 October 2017, Petro Matad
(AIM: MATD) is pleased to announce that Mike Buck, CEO, has today
joined the Board of the Company.
Mike Buck, CEO, said:
"I am very pleased to be joining the Board of Petro Matad. As an
explorer by training and experience, I am excited by the potential
of the Company's acreage portfolio. The under-explored basins of
Mongolia comprise one of the last remaining onshore oil exploration
frontiers in the world and the geology of the area shows striking
similarities with the prolific oil producing basins across the
border in northern China. I look forward to progressing an active
drilling campaign to fully evaluate the potential of our extensive
portfolio".
Additional disclosures in relation to Michael James Buck (aged
60):
Current directorships/partnerships:
Red Sun Resources Pte Ltd
Ikat Energy Pte Ltd
Previous directorships/partnerships (last 5 years):
Ophir (Indonesia South East Sangatta) Ltd
Ophir Indonesia (Kutai) Ltd
Ophir Indonesia (North East Bangkanai) Ltd
Ophir Indonesia (Simenggaris) Ltd
Ophir Indonesia (South Sokang) Ltd
Ophir Indonesia (West Bangkanai) Ltd
Ophir Thailand (Bualuang) Ltd
Salamander Bualuang & Kambuna Ltd
Salamander Energy (Bangkanai) Ltd
Salamander Energy (Bontang) Pte Ltd
Salamander Energy (Canada) Ltd
Salamander Energy (Central Kalimantan) Ltd
Salamander Energy (Glagah Kambuna) Ltd
Salamander Energy (JS) Ltd
Salamander Energy (Kerendan) Ltd
Salamander Energy (Lao) Co. Ltd
Salamander Energy (Malaysia) Ltd
Salamander Energy (North Sumatra) Ltd
Salamander Energy (Nurul) Pte Ltd
Salamander Energy (Thailand) Co. Ltd
Salamander Energy plc
Salamander Energy Singapore Pte Ltd
Mr Buck has no shareholding in Petro Matad.
There is no further information to be disclosed under Schedule
2(g) and Rule 17 of the AIM rules in relation to the appointment of
Mr. Buck.
-Ends -
For more information, please contact:
Petro Matad Limited
Enkhmaa Davaanyam, Chairperson +976 70141099
NOMAD and Broker
Stockdale Securities Limited
Richard Johnson / El Hanan Lee +44 (0)20 7601 6100
Business Advisory Firm
FTI Consulting
Edward Westropp +44 (0)20 3727 1521
About Petro Matad
Petro Matad is the parent company of a group focused on oil
exploration, as well as future development and production in
Mongolia. At the current time, Petro Matad holds the sole
operatorship of three Production Sharing Contracts with the
Government of Mongolia. Block XX has an area of 10,340 km(2) in the
far eastern part of the country, and Blocks IV and V have an area
of 28,900 km2 and 21,100 km2, respectively, in the southwest part
of the country.
Petro Matad Limited is incorporated in the Isle of Man under
company number 1483V. Its registered office is at Victory House,
Prospect Hill, Douglas, Isle of Man, IM1 1EQ.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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