Company Matra Petroleum AB (publ)

Matra Petroleum AB is a Sweden-based company, which is engaged in exploration and production of oil and gas. The Company operates in the United States, through 136 leases located in the Texas Panhandle region. It operates its business though a fully owned subsidiary, Matra Petroleum USA Inc. Matra Petroleum AB focuses on buildup of oil and gas reserves, and with its identified drilling opportunities provides the basis and opportunity for future growth along with selective acquisitions. The Texas Panhandle area benefits from an its infrastructure to develop, operate and manage assets and the Company focuses on the United States market, as is considers it transparent with an increasing political support for domestic oil production.