NEWS

28 Jul 2010
July 26th 2010 Update and Schedule
28 Jun 2010
Results of AGM 28 July 2010
09 Jun 2010
Operations Update 09 June 2010
07 Jun 2010
Notice of AGM
02 Jun 2010
Director Appointment 02 June 2010

Matra Petroleum plc is focused on building a substantial oil and gas portfolio in Central Europe and Russia. Matra (formerly Ming Resources) was listed on AIM in 2005 (AIM: MTA) but became active as an independent oil and gas exploration company in April 2006 with the acquisition of an interest in the Inke Concession in Hungary, which was sold in December 2008.

 A11 distance.jpg

 The Arkhangelovskoe-11 well in Russia

In April 2007, Matra acquired 100% of the Arkhangelovskoe Licence in Russia, a low risk, but potentially high reward area.

Matra is actively exploring Russia and is constantly reviewing new opportunities for investment in Russia and the other countries of Central and Eastern Europe.

Central Europe provides significant opportunities in proven oil and gas producing provinces in an increasingly open, stable and attractive commercial environment. The dependence upon oil and gas imports from other areas has heightened the need for Central  European countries to develop domestic resources.

By contrast European Russia has substantially greater oil and gas reserves typically encountered in smaller accumulations than seen in the Eastern regions of Russia. In addition to opportunities to acquire known fields requiring further development and optimisation there are also low risk exploration plays that offer potentially high rewards.



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