Petro Matad is a group focused on oil exploration, as well as potential future development and production in Mongolia. Petro Matad has successfully raised funds to finance its exploration activities over the three blocks. On 1 May 2008, Petro Matad Limited was admitted to the London Stock Exchange, Alternative Investment Market making the Company the first substantially Mongolian owned
…More company to be listed on an international stock exchange. The Company’s largest shareholder is Petrovis, the largest importer and distributor of petroleum products in Mongolia.