Petro Matad begins Heron-1 testing in Mongolia

10/15/2019

ISLE OF MAN - Mongolian oil explorer Petro Matad Limited has commenced testing operations at the Heron-1 well in the north of Block XX, eastern Mongolia.

The DQE Testing Rig #1 has been mobilized from Block XIX to the Heron-1 location and rigged up, and testing operations have now commenced. If required, reservoir stimulation equipment is in Block XIX and is readily available. The testing operations on Heron-1 are expected to be completed during October.

At the nearby Gazelle-1 well, drilling with DQE International rig #40105 is progressing on schedule.

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