Petro Matad (PRTDF)

[pro_s2009]

I expect well results in 30 to 35 days for Heron-1

So anytime from August 19th onwards


I expect around 20 to 25 days for Red Deer-1.

So anytime from August 19th onwards.


Literally, provided they spud Red Deer-1 by end July - both wells can have the results at the same time.......going to be really exciting.

18p of upside from Heron-1 and 32p of upside from Red Deer-1, all on the table from late mid August onwards (and thats ignoring the de risking of other prospects on the licenses from any success)

No better stock that MATD for some serious % rise potential in the coming weeks.

.