Company Information for Matra Petroleum

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AIM; MTA

Company Statement

Matra Petroleum plc is focused on building a substantial oil Exploration and production portfolio in European Russia. Matra (AIM: MTA) holds the Arkhangelovskoe exploration licence in Orenburg, Russia where it discovered the Sokolovskoe field in 2007. The company is currently preparing to drill the first appraisal well on the field.

Operations and Technology

Matra owns 100% in the Arkhangelovskoe exploration license through its 100% owned Russian subsidiary “OOO” (Limited Liability Company) Arkhangelovskoe. This License is located 15-20 km from the City of Orenburg, approximately 1300 kms SE of Moscow.

The Arkhangelovskoe exploration license covers an area of 171.6 sq km and lies is within a highly prospective Oil province at the southern edge of the Volga-Urals basin, with existing oil production on adjacent licenses and the super-giant Orenburg gas field to the South.

In Late 2007 Matra discovered the Sokolovskoe Oilfield, reservoired in Middle Devonian reef limestone, with the first well on the block; A-12. Seismic acquired in 2008 indicates this well intersected the reservoir on the flank of the field in a down-dip location from the structural crest, which will now be targeted by well A-13. Additional targets for this crestal location include Lower Carboniferous and Upper Devonian reservoirs prolific in offset fields.

Commercial valuation of the field is favourably influenced by the high quality of the crude oil - 39 degree API and low sulphur content, the proximity to infrastructure – an existing rail export terminal within 15kms, and the high well productivity demonstrated by well A-12.

The Arkhangelovskoe Exploration License expires in December 2010. One well will remain to be drilled after A-13 to fulfil the Licence obligations, however, Matra are well advanced with a Production License application over the Sokolovskoe Field, which when granted will allow development and production activities for the full field life.

Matra is actively reviewing new business opportunities in Russia, where there is an opportunity set comprising both the acquisition of known fields requiring further development, in addition to low risk exploration plays that offer potentially high rewards.

Geographical Spread

Russia

Board of Directors and Key Management

Sir Michael Jenkins	Non Executive Chairman
Mr Peter James Hind	Managing Director
Dr Neil Andrew Hodgson	Exploration Director
James William (Bill) Guest	Non-Executive Director
Mr. Gideon Tadmor	Non-Executive Director
Mr Craig Ian Burton	Non-Executive Director

Company Address

120 Bridge Road
Chertsey, Surrey, United Kingdom KT16 8LA


Telephone:	+44 (0)1932 445101
Website:	http://www.matrapetroleum.com

Capital

Number of shares in issue as at 24 September 2009 is 998,251,205

Year End

31st December

Nominated Brokers

Hanson Westhouse LLP
1 Angel Court
London
EC2R 7HJ

Nominated Advisors

RFC Corporate Finance Ltd
250 St Georges Terrace
Perth
WA 6000

Major Shareholders

Shareholder	No of Shares	%
Delek-International Energy Limited	292,000,000	29.25%
Macquarie Bank	128,000,000	12.82%
Barclays plc	52,628,497	5.27%
Craig Burton	48,200,000	4.83%

Total	520,828,497	52.17%

Most Recent Statement

09/06/10 - Operations update and Schedule
02/06/10 - Director Appointment
26/05/10 - Well-13 Results
14/05/10 - Change of Significant Shareholder
09/04/10 - Operations Update Well-13 and Board Changes
17/03/10 - Annual Results

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