Matra Petroleum AB (publ)

Equities

MATRA

SE0009696040

Oil & Gas Exploration and Production

Delayed Nasdaq Stockholm Other stock markets			5-day change	1st Jan Change
- ^SEK	-.--%		-36.88%	-91.51%

2019	Matra Petroleum AB Announces Board Resignations	CI
2019	Matra Petroleum AB Auditor Raises 'Going Concern' Doubt	CI

Matra Petroleum AB Provides Capital Expenditure Guidance for 2018; Launches Drilling Program to Increase Oil and Gas Production

April 03, 2018 at 04:45 am EDT

Matra Petroleum plans to double its capital expenditures in 2018 to USD 11 million (2017: USD 5.2 million) 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 production. In addition, an extensive program to improve oil and gas production from existing wells will be executed through work overs and reopening of shut-in wells.

Latest news about Matra Petroleum AB (publ)

Matra Petroleum AB Announces Board Resignations	19-06-03	CI
Matra Petroleum AB Auditor Raises 'Going Concern' Doubt	19-04-28	CI
Matra Petroleum AB Reports Unaudited and Consolidated Production Results for the Quarter and Full Year Ended 31 December 2018	19-02-22	CI
Matra Petroleum AB Publ Reports Earnings Results for the Fourth Quarter Ended December 31, 2018	19-02-22	CI
Matra Petroleum AB Reports Operating Results for the Year December 31, 2018	19-01-16	CI
Matra Petroleum AB Announces Earnings and Operating Results for Third Quarter and Nine Months Ended 30 September 2018; Provides Production Guidance for the Year 2019	18-11-23	CI
Matra Petroleum AB Reports Production Results for the Third Quarter of Fiscal Year 2018	18-10-17	CI
Matra Petroleum AB Reports Consolidated Production Results for the Month Ended August 2018	18-09-14	CI
Matra Petroleum AB Announces Unaudited Consolidated Earnings and Operating Results Parent Company Earnings Results for the Second Quarter and Six Months Ended June 30, 2018	18-08-24	CI
Matra Petroleum AB Reports Production Results for the Second Quarter of 2018	18-07-11	CI
Matra Petroleum AB (OM:MATRA) and Matra Terra LLC completed the acquisition of 22 oil and gas leases in Texas from Melody Capital Partners, LP.	18-06-04	CI
Matra Petroleum AB Reports Consolidated Earnings and Operating Results for the First Quarter Ended March 31, 2018	18-05-23	CI
Matra Petroleum AB Closes USD 10 Million Debt Financing	18-04-03	CI
Matra Petroleum AB Provides Capital Expenditure Guidance for 2018; Launches Drilling Program to Increase Oil and Gas Production	18-04-03	CI
Matra Petroleum AB (OM:MATRA) entered into a non-binding agreement to acquire 22 oil and gas leases in Texas from Melody Capital Partners, LP for $6.2 million.	18-03-13	CI
Matra Petroleum AB Announces Consolidated and Parent Earnings Results for the Fourth Quarter and Year Ended December 31, 2017	18-02-21	CI
Matra Petroleum AB Announces Production Results for the Year 2017	18-01-11	CI
Matra Petroleum AB Announces Earnings and Operating Results for the Third Quarter and First Nine Months Ended September 30, 2017	17-11-23	CI
Certain Shares of Matra Petroleum AB are subject to a Lock-Up Agreement Ending on 17-OCT-2017.	17-10-16	CI
Matra Petroleum Provides the Update on Operations and Well Completions	17-08-29	CI
Matra Petroleum AB Announces Consolidated Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2017; Reports Parent Company Results for the Period from October 26, 2016 to June 30, 2017	17-08-24	CI
Matra Petroleum AB Reports Production Results for the Second Quarter of 2017	17-07-11	CI
Matra Petroleum AB Announces Consolidated Earnings and Production Results for the First Quarter Ended March 31, 2017; Reports Parent Company Results for the Period from October 26, 2016 to March 31, 2017	17-05-23	CI
Matra Petroleum AB has completed an IPO in the amount of SEK 2.5 million.	17-02-28	CI

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Company Profile

Matra Petroleum AB is a Sweden-based company, which is engaged in exploration and production of oil and gas. The Company operates in the United States, through 136 leases located in the Texas Panhandle region. It operates its business though a fully owned subsidiary, Matra Petroleum USA Inc. Matra Petroleum AB focuses on buildup of oil and gas reserves, and with its identified drilling opportunities provides the basis and opportunity for future growth along with selective acquisitions. The Texas Panhandle area benefits from an its infrastructure to develop, operate and manage assets and the Company focuses on the United States market, as is considers it transparent with an increasing political support for domestic oil production.

Sector

Oil & Gas Exploration and Production

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Sector Natural Gas Exploration & Production - Onshore

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