Source - SMW
Petro Matad said it planned to drill the first well in a four-well program at its Mongolian acreage in the second quarter of 2018.

The Wild Horse-1 well would be drilled using a previously-contracted and fully-certified Sinopec rig, the company said.

'This is a very exciting time for Petro Matad as we head into one of the highest impact drilling campaigns any independent has undertaken in Mongolia,' chief executive Mike Buck said.

'We are now deep into the preparation phase to spud our first well at Wild Horse-1.'