Transaction date: Nov 11
Transaction type: Placing
Amount: £1.2 M
Matra Perroleum plc ("Marra") is an independent oil and gas
exploration and production company operating in the Russian
Federation. The company began operations in 2006 and is now
focussed on building a portfolio of development and producing
assets in the Volga/Urals area of Russia.
Matra currently owns 100% of the Arkangelovskoe Production
licence through its 100% owned Russian subsidiary "OOO"
Arkhangelovskoem with proven oil reservoirs and production wells
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