Annual Report

Overview

The report describes Petro Matad's 2023 exploration-focused operations, including the Velociraptor-1 well in Block V, which was completed within budget but found no hydrocarbons. It reports no environmental, lost-time, or recordable incidents during the year and details restoration, tree relocation, and community projects. The company also advanced its Sunsteppe renewable-energy joint venture, while land-access constraints continued to delay the Heron development.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2023
Period: 1 January 2023 – 31 December 2023
Publication date: 19 June 2024
Language: English
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