Matra Petroleum

All posts for Matra Petroleum

Matra Petroleum AB: Operational Update

Matra Petroleum's average daily oil and gas production*, gross, in August 2018 increased by 12% to 855 barrels of oil equivalent per day ("boepd") (July 2018: 762 boepd) and by 26% compared to the average consolidated daily production in Q2 2018 (676 boepd). As previously informed in the Q2 f ...

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Posted 10 days agoPress > Matra PetroleumOperational UpdateProduction +2

Matra Petroleum AB: Second Quarter and Six Months Ended 30 June 2018

Second quarter ended 30 June 2018 (Second quarter ended 30 June 2017) Revenue of TUSD 2,606 (TUSD 2,176), up 20% Gross average oil and gas production increased to 745 boepd (674 boepd), out of which 676 boepd were included in operational results EBITDA of TUSD -88 (TUSD 117) ...

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Posted 1 month agoPress > Matra PetroleumEarningsResults

Matra Petroleum Closes Acquisition and Carries Out a Directed Share Issue of 4,593,435 Shares as Part of the Consideration

Matra Petroleum AB and its wholly owned subsidiary Matra Terra LLC ("Matra" or the "Company") and entities controlled by Melody Capital Partners, LP ("Melody") have closed the acquisition initially announced on 14 March 2018, under which Matra acquires 40 oil and gas leases in the Texas Panhandle ...

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Posted 3 months agoPress > Matra PetroleumAcquisitionMatra Terra +3

Matra Petroleum's Annual Report 2017

Matra in Brief Matra Petroleum AB is an independent oil and gas exploration and production company with offices in Borger and Houston, Texas, U.S.A and Stockholm, Sweden. The Company was listed on NASDAQ First North in April 2017 and its majority shareholder is Rovelo Investment Ltd (62.7%) w ...

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Posted 4 months agoPress > Matra PetroleumAnnual ReportNasdaq +2

Matra Petroleum AB: Matra Petroleum Launches Drilling Program to Increase Oil and Gas Production and Closes MUSD 10 Debt Financing

Matra Petroleum ("Matra") plans to double its capital expenditures in 2018 to MUSD 11 (2017: MUSD 5.2) and accelerate drilling and development activities on the company's leases in the Texas Panhandle. Starting in May through 2018, the company plans to drill 24 new wells to increase oil and gas pr ...

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Posted 5 months agoPress > Matra PetroleumMatraDrilling +9

Matra Petroleum Agrees to Acquire Producing Oil and Gas Reserves and Secure Financing for 2018 Drilling Program

Matra Petroleum AB ("Matra") and entities controlled by Melody Capital Partners, LP ("Melody") have signed a non-binding term sheet under which Matra will acquire 22 oil and gas leases in the Texas Panhandle region, adding proved reserves of approx. 4.0 million barrels of oil equivalent. Current ...

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Posted 6 months agoPress > Matra PetroleumUnited StatesUS +7

Matra Petroleum AB: Fourth Quarter and Twelve Months Ended 31 December 2017

Fourth quarter ended 31 December 2017 (Fourth quarter ended 31 December 2016) Revenue of TUSD 2,295 (TUSD 1,974), up 16% EBITDA of TUSD 433 (TUSD 232), up 87% Result for the period of TUSD -2,110 (TUSD -1,238) Earnings per share amounted to USD -0.05 per share (USD -0.04 per ...

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Posted 7 months agoPress > Matra PetroleumResultsEarnings +1

Matra Petroleum AB: Matra Publishes Updated Oil and Gas Reserves

Matra Petroleum's net oil and gas reserves as per 30 November 2017 were estimated at 21 million barrels of oil equivalent ("MBOE") with a net present value (PV10) of 151 MUSD calculated based on oil prices of USD 50.73 per barrel and gas prices of USD 3.04 per MMBtu respectively. The reserves are ...

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Posted 8 months agoPress > Matra PetroleumOperations Update