Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

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For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

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We store and use information you provide as follows:

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However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

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ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

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CONTACT

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Petro Matad Ltd (MATD)

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Tuesday 24 April, 2012

Petro Matad Ltd

Presentation to AAPG and Operations Update

RNS Number : 8999B
Petro Matad Limited
24 April 2012
 



Petro Matad Limited ("Petro Matad" or the "Company")

Presentation at the American Association of Petroleum Geologists (AAPG) Conference and Operations Update

 

Petro Matad advises that its Chief Geophysicist, Dr. Kurt Constenius, will present a scientific paper at the AAPG Conference in California on Tuesday 24th April. 

 

The paper is titled "Late Jurassic-Early Cretaceous Rifting in the Tugrug and Taatsiin Tsagaan Nuur Basins, Gobi-Altai Region of SW Mongolia - Implications for Petroleum Exploration".  It deals with exploration conclusions from Petro Matad's exploration activities on Blocks IV and V in Mongolia.

 

The presentation contains no material information that has not previously been announced by the Company.  A copy of the presentation being given at the conference is available in the Investors' section of the Company's website (www.petromatad.com). 

 

Operations Update

 

Complete internal reports, outlining the results of the extensive 2011 field season for Blocks IV and V are in the final stages of completion.  They will contain conclusions and recommendations for future exploration programmes on Blocks IV and V.  The analysis of the 2011 Block XX drilling programme is also ongoing.  Fieldwork on Block XX is currently in hibernation and both the drilling and workover rigs remain on standby. 

 

No decision will be made on the Company's 2012 field programmes until the desktop analyses are complete.  Those analyses involve the use of external technical consultants as well as the Company's own technical resources.  An update on the findings and their impact on Petro Matad's 2012 field programme will be made by the Company in the coming weeks.

 

About Petro Matad Limited

 

Petro Matad is the parent company of a group focussed on oil exploration, as well as future development and production, in Mongolia.  The Group holds sole operatorship of three Production Sharing Contracts with the Government of Mongolia.  Block XX has an area of 10,340km² in the far eastern part of the country.  Blocks IV and V are located in central Mongolia.  Block IV covers approximately 29,000km² and Block V approximately 21,150km².

 

Petro Matad Limited is incorporated in the Isle of Man under company number 1483V.  Its registered office is at Victory House, Prospect Hill, Douglas, Isle of Man, IM1 1EQ.

 

Further information:

 

Petro Matad Limited

Douglas J. McGay - CEO 

+976 11 331099

 

NOMAD and Joint Broker

Westhouse Securities Limited

Richard Baty / Petre Norton

+44 (0)20 7601 6100

 

Joint Broker

Macquarie Capital (Europe) Limited

Jeffrey Auld / Steve Baldwin / Nicholas Harland

+44 (0)20 3037 2000

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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