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Petro Matad shares surge on strong Gazelle-1 and Heron-2 progress

By Iain Gilbert

Date: Thursday 09 Oct 2025

(Sharecast News) - Exploration firm Petro Matad shares jumped sharply on Thursday on the back of better-than-expected flow test results at Gazelle-1 and operational progress at Heron-2.
Petro Matad said Gazelle-1 flowed oil and gas to the surface without artificial lift, with stabilised rates improving across successive choke sizes and no...

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