Matra have been rumoured to be in discussion with Macquarie bank in funding a well on the existing Sokolovskoe oil field and a potential venture near the Kudryashovsky license in Russia.
The new license is thought to be up for sale by a state auction and all exploration and production licenses
are henceforth already granted by the state for a period of 25 years. This greatly reduces
the risk and delays that one usually can encounter during “green field” development. The
license is situated 35 km north of Orenburg City and is located in an area of oil and gas
production.
Source from FTE.Wire News
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Matra Petroleum plc (Matra) is engaged in oil and gas exploration and production. The Company is an independent oil and gas exploration and production company operating in the Russian Federation. The Company operates in two segments: Arkhangelovskoe and Head Office Operations. Arkhangelovskoe segment involves the appraisal and production of oil within the Sokolovskoe Field licence area in Russia. Head Office Operations segment is the head office of the Company. The Company owns 100% in the Arkhangelovskoe Production licence through its 100% owned Russian subsidiary OOO (Limited Liability Company) Arkhangelovskoe. The Arkhangelovskoe Production licence covers an area of 87.68 square kilometer and is 20-30kms to the North of the city of Orenburg. The licence is within the oil rich Volga-Urals basin and lies adjacent to existing oil fields and close to the super-giant Orenburg gas field. more »
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Again, how do you know this?
He doesn't!
It is obvious we are expecting A14 approval.
Matra can't leak oil never mind rumours!! lol
with the intrest from Maxim Barskiy i consider this to be a new company now .
i have taken a postion now and am looking forwards to reciving maxim-um effect from barskiy's knowledge & contacts
this could be a very lucrative investment
google the name
maxim barskiy you will see hes a big player
Mr D
Of course this post was also nonsense!