21 August 2007
Interim results for six months ended 30th June 2007
Matra Petroleum, the AIM-listed oil and gas exploration company focused on Hungary and European Russia today announces its interim results for the six months ended 30th June 2007.
Matra’s Managing Director, Peter Hind said:
“We are now well into the 2007 exploration programme in both Hungary and Russia.
In the period to 30th June we were very active: negotiating the acquisition of the Arkhangelovskoe licence in Russia, agreeing the farm out of the Inke Concession in Hungary, raising funds through the placement of new shares with Delek and spudding our first 2007 exploration well, in Hungary.
Since the period end we have announced discoveries on both Hungary wells and spudded our first Russia well.
We are currently planning further exploration drilling at the end of 2007 or early in 2008. In parallel, we will be reviewing the data obtained from the current drilling programme to define the optimum scheme for commercialising the discoveries.”
For further Information, please contact:
Matra Petroleum
www.matrapetroleum.com
Peter Hind, Managing Director +44 (0) 7990 807855
Neil Hodgson, Exploration Director +44 (0) 7973 342822
Aquila Financial Limited
www.aquila-finacial.com
Peter Reilly +44 (0) 207 7202 2601
Yvonne Fraser +44 (0) 207 7202 2609
Matra's nominated Advisor is
RFC Corporate Finance Ltd
Contact: Steve Allen +61894802500
Download
press release and Report [PDF, 184KB]
|
