Petro Matad Limited (AIM:MATD) provided an investor update outlining strong operational progress across its Mongolian oil assets and accelerating growth in renewable energy, positioning the company for diversified long term value creation. The presentation highlighted stable and improving company performance at Block XX, with the Heron field producing consistently at approximately 135 to 145 barrels per day, minimal water cut, over 70,000 barrels produced to date, and meaningful cost and emissions reductions following full site electrification. The Gazelle discovery moved rapidly from testing to production, delivering initial rates of up to 400 barrels per day and advancing toward reserve booking, while production optimization and further upside remain. Net oil revenues for 2025 are expected to exceed $2.5 million after government share, with progress toward resolving withheld payments from PetroChina improving near term cash flow visibility. Looking ahead, the growth strategy for 2026 includes production optimization, potential infill drilling, new well technologies, 3D seismic acquisition, further electrification and continued exploration and farm out discussions at Block VII, which offers exposure to underexplored oil plays near proven Chinese basins. In parallel, Petro Matad’s Sunstep Renewable Energy joint venture has built a substantial development portfolio aligned with Mongolia’s energy independence strategy, including green hydrogen, battery storage, large scale power export initiatives and a flagship 200 megawatt solar wind and battery hybrid project targeting ready to build status in 2026. Together, these oil and renewable initiatives strengthen revenue potential, improve margins, enhance the order book of future projects and support a balanced transition focused on sustainable growth and long term shareholder returns.