Latest Proactive Investors report..http://www.proactiveinvestors.co.uk/companies/news/10809/petro-matad-exploring-for-oil-on-chinas-doorstep-10809.html

Currently 14p to buy.

From the 21st sept rns:

Analysis of 2D seismic and laboratory test results from samples taken at DT-1



As previously announced, samples from Petro Matad's DT-1 well were forwarded to Weatherford International's laboratories in the United States for reservoir and oil characterisation. This work is still ongoing and results are expected to be announced in the next 3 to 4 weeks.

Should be hearing something soon I hope.,.

possibly, but banked my profit here this morning (at 177) as for me this is very much a trading (spiv!) share

dropping like a stone where is the bottom.

Forced out as well......made a lot on this.....will return later.....sp is quite high...that's the problem !.

i wasn't forced out, but this is always likely to be very volatile as MM only

Could easily slump back to 140p.......so took my final profit.....I fear that this will come back down ....a bit.....

Plenty of talk of a RNS this week which be behind the fall today as MM's shake out weak holders..I believe it will be Friday.

don't like to remind you, but you've been saying that for quite some time now ..... guess you'll be right eventually!

The problem is that everybody's expecting good news......could drop on the expected....

picking itself up, in the blue.,.

Very volatile...one of the best stocks,... this year.....

Oil $82 and heading to $100 a barrel soon imo.

edit; $83.

Wow up 24p....

well done mitzy, even if you didn't care a couple of weeks back whether you lost or made money! ....... not quite sure how good this latest RNS is, though i have read it - looks slightly underwhelming, even though the result was more oil

more oil the best news for us cynic.

Had to jump back in......seems they have discovered a heck of a lot of the black gold out there.....bad mistake I made,... to sell too early....but this now looks very, exciting.....just hoping that it's not a mistake to come back in so soon...

hard to tell whether market is now having a rethink or if just ordinary profit-taking - sp now 186/189

I would like to think that we will see 230p or so but that's just a wild guess...but this is a great little fast moving company we have here.

Damn....that was shortlived.....

my post 461 looks to have been more accurate than i expected