Petro Matad Ltd on Tuesday informed about the bid evaluation process on drilling rig tender.
Petro Matad Ltd on Tuesday said that the evaluation process on bids from pre-qualified vendors for its drilling rig tender at two oil and gas blocks in Mongolia is at an ‘advanced stage’.
Petro Matad Ltd on Tuesday said that the evaluation process on bids from pre-qualified vendors in relation to its drilling rig tender for its upcoming program at two oil and gas blocks in Mongolia is at an ‘advanced stage’. It expects to reveal the successful bidder once the process is concluded. The company said in March it expects to have chosen by the end of the month a preferred contractor from three bids submitted for the program in Mongolia. Shares in Petro Matad were up 11% at 28.52 pence Tuesday.
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