Matra Petroleum AB (publ) reported operating results for the year December 31, 2018. In 2018, preliminary gross oil and gas production increased by 11% to approximately 272,000 (2017: 245,004) barrels of oil equivalent. In 2018, Matra drilled 17 and completed 16 production wells. One additional well was completed early in 2019. Proved developed producing reserves increased by 40%, from 2,378 MBOE to 3,326 MBOE, primarily as a result of the successful drilling campaign. Gross oil and gas production amounted to 272 MBOE in 2018 and non-producing leases with reserves of approximately 1,900 MBOE mainly in the proved undeveloped category, included in previous reserve report, were deemed non- economical and relinquished.