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Petro Matad (Petro Matad) Allowance For Loans And Lease Losses


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What is Petro Matad Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Petro Matad (Petro Matad) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petro Matad Ltd (OTCPK:PRTDF) » Definitions » Allowance For Loans And Lease Losses
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Address
Victory House, Prospect Hill, Douglas, IMN, IM1 1EQ
Petro Matad Ltd is engaged in the exploration, development, and production of oil reserves in Mongolia. The company holds 100% interest in 3 PSC Blocks (IV, V, and XX) totaling more than 60,000 square kilometers and more than 21,000 square kilometers of prospective basins. The company's only geographical segment includes Mongolia.