Zeus acted as Joint Bookrunner to Petro Matad, on their $6m placing

Zeus is delighted to have acted as Joint Bookrunner to Petro Matad, on their US$6m placing.

The capital raising will allow Petro Matad to move ahead on a number of fronts. In addition to the Heron discovery which is fully funded to production start-up, the Company will be able to test the low-cost, high impact Velociraptor exploration prospect where success would be transformational for both the Company and Mongolia. The Company will also evaluate new areas offered for licensing in Mongolia and explore renewable energy projects in Mongolia.

Zeus team

Members of the Zeus team included: Louisa Waddell and Dan Bate (Investment Banking); Simon Johnson (Corporate Broking) and Dan Slater (Research).


If you would like further information, please get in touch with our team.

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This web page constitutes a financial promotion for the purposes of section 21 of the Financial Services and Markets Act 2000 and has been approved by Zeus Capital Limited, which is authorised and regulated by the Financial Conduct Authority.