RH Petrogas Ltd

SGX (SGD): RH PetroGas (T13)

Last Price

0.157

Today's Change

+0.001 (0.641%)

Day's Change

0.155 - 0.157

Trading Volume

1,087,200

Overview

Avg Volume (4 weeks)

3,331,166

4 Weeks Range

0.155 - 0.173

4 Weeks Price Volatility (%)

11.11%

52 Weeks Range

0.125 - 0.215

52 Weeks Price Volatility (%)

35.56%

Previous Close

0.156

Open

0.157

Bid

0.156 x 332,500

Ask

0.157 x 328,200

Day's Range

0.155 - 0.157

Trading Volume

1,087,200

News and Blogs

No result.

Company Profile

Sector: Mining and Quarrying

Sector: Mining and Quarrying

Description:

RH Petrogas Limited is a Singapore-based independent upstream oil and gas company. The principal activities of the Company include trading, investment holding, and exploration and production of oil and gas. The Company and its subsidiaries operate across a range of upstream activities covering the exploration, development and production of oil and gas resources. Its assets include The Kepala Burung PSC, and Salawati Kepala Burung PSC, which are located in West Papua, Indonesia and SK 331 PSC is located in Sarawak, Malaysia. The Kepala Burung PSC is located onshore in the Bird's Head area of West Papua in eastern Indonesia, covering an area of approximately 1,030 square kilometers (km2). The Salawati PSC covers an area of approximately 1,137 km2 both onshore and offshore. The SK331 PSC is located onshore Sarawak, which covers an area of approximately 8,963 km2. The Company's subsidiaries include RH Petrogas Investments Pte. Ltd. and Tri-M Technologies Inc.

Discussions
1 person likes this. Showing 43 of 44 comments

jeffthen

Any news on why the company on trading halt today?

2013-10-02 18:48

prc4wifefe

Heard about Malaysian spas o&g gonna buy some stakes....is it true....did u see any uob.-kayhian analyst report on this?

2013-10-02 21:30

jeffthen

Can you post it on here to share??? Thanks!

2013-10-02 21:49

prc4wifefe

U can search in biz.the star.com.my
....any rumours in spore why trading halt?

2013-10-02 21:55

prc4wifefe

this one i know...any idea who are d investors??

2013-10-03 12:27

alexyap

The Malaysian SPAC rumored to be Sona, acquiring 10% of RH PetroGas. However, no announcement were made by Sona on this. Still rumor...

2013-10-03 15:31

rubisa57

buy on rumours sell on news.

2013-10-03 20:38

ninabucb

how u guys think of RH PETROGAS?? on monday?? will it shoot up??

2013-10-04 18:00

jeffthen

But then if sona buy in 10% is not really a good news to push up their stock but is good for RH Petrogas right?

2013-10-07 08:41

inphyy

Chart indicate....down the slope

2013-10-14 12:07

inphyy

PROPOSED PLACEMENT OF UP TO 116,000,000 NEW ORDINARY SHARES AT A PLACEMENT PRICE OF S$0.63 PER SHARE

11.10.2013

2013-10-14 12:16

prc4wifefe

place to whom?

2013-10-14 13:47

inphyy

falling star.....

2013-10-16 10:38

inphyy

Hmmmm...drop faster than rising.Yesterday dipped -21% wondering why SGX no question?

2013-10-17 16:14

inphyy

Yesterday vested.Today can get the same price bought. Look like babysitting for a while.

2013-10-17 16:17

inphyy

Heee...just finished comments, started rise above 0.7

2013-10-17 16:26

alexyap

any fundamental in this stock?

2013-10-17 17:38

inphyy

PROPOSED PLACEMENT OF UP TO 116,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF RH PETROGAS LIMITED AT A PLACEMENT PRICE OF S$0.63 PER SHARE

The Placement Shares will be listed and quoted on the Official List of the SGX-ST with effect from 9.00 a.m., 17 October 2013.

2013-10-17 20:19

ticktock

up up and away after placement.....

2013-10-17 22:27

inphyy

Next resistance 0.81

2013-10-18 10:39

inphyy

Heeee... last week vested 1 day before placement started

2013-10-21 11:20

inphyy

hmmm...slow and steady

2013-10-22 10:40

inphyy

US crude oil closes below US$100 in New York

2013-10-22 15:08

inphyy

Hmmm...today steal the market show

2013-10-24 09:20

inphyy

Yeee...early me saw a posted about "good news?" ...deleted? Well that alright. News reach public already too late. Previous my comment are base on TA. The chart show uptrend.

0.81 still my resistance price.

2013-10-24 13:35

inphyy

Have to be patience to reach goal closing 0.75

2013-10-24 17:11

adc38

big volume recently, anyone know what happen?

2013-11-08 00:42

ticktock

Back to placement price.....

2013-11-18 10:00

inphyy

U Can't Touch This

2013-11-18 12:22

adc38

what mean by can't touch this

2013-11-18 16:31

ticktock

guidance very clear......drill not successful....tough luck small mosquito oil wells....money spent but no oil......

2013-11-18 16:55

twin-joy

hopefully, Fuyu-1 will bring some good news towards end of this year. Expect ODP approval to commence production

2013-11-18 17:42

skye15

Can pick up some counters now since there is good news for oil found? How risky is this counter? OSK recommended BUY. Any advice?

2013-11-20 09:08

inphyy

dead cat bounce?

2013-11-20 12:22

ticktock

commenced drilling of the Koi-2 appraisal well (“Koi-2”) on 29 November 2013 using the Bohai-8 jack- up rig in the offshore area of the Salawati Kepala Burung PSC (“Island PSC”), West Papua, Indonesia.
It is anticipated that drilling of the well will take approximately 21 days. results soon? Positive or negative?

2013-12-17 11:00

ticktock

good news???

2013-12-18 17:06

adc38

still no news update

2014-01-11 14:59

tch1006

something brewing?

2014-03-21 16:03

dicklinglk

Hear nothing as yet ..... TP is 1.38 ???

2014-03-21 19:25

Frant Denner

Post removed.Why?

2014-04-04 16:47

mmfsolutionsg

Yes, news update us.

2014-12-13 23:07

In

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RH Petrogas Limited (the Company) reported that the Plan of Development (POD) for the North Klalin gas and condensate field in the Kepala Burung Production Sharing Contract (Basin PSC), West Papua, Indonesia, has been approved by SKK Migas (Satuan Kerja Khusus Minyak dan Gas). The POD was submitted following the discovery made by the North Klalin-1 well in 2011 and the successful appraisal by the North Klalin- 2 and 3 wells in subsequent years. North Klalin-1, 2 and 3 wells have since been put on production.

The POD program involves the drilling of four new development wells and the construction of flowlines tying back to existing production facilities within the Basin block. The additional gas production from the North Klalin field will be used to supplement internal fuel requirement for operation as well as to meet additional demand for gas in the local markets and to support the economic development around the Sorong area in West Papua.

Francis Chang, CEO, said: “With the POD approval, the North Klalin field can now move into full field development. In view of the steep drop in oil prices which hit the oil and gas industry in recent months, we are currently discussing with our partners on the best strategy to implement the POD. We believe that given the current environment where many E&P companies are expected to cut back or defer on their capital expenditures, there may be opportunities for us to lower the cost of development for North Klalin should there be an easing of demand for drilling and other contracting services in the region.”

The Company through its subsidiaries Petrogas (Basin) Limited and RHP Salawati Basin B.V. has an aggregate 60 percent working interest in the Basin PSC. The other partners are PetroChina International (Bermuda) Ltd. (30 percent) and PT Pertamina Hulu Energi (10 percent). The consortium, as contractor of Indonesian government operating under the supervision of SKK Migas, has actively explored and produced oil and gas in the working area.
- See more at: http://www.rigzone.com/news/oil_gas/a/137234/RH_Petrogas_Gets_Clearance_to_Develop_North_Klalin_Field_in_West_Papua?utm_source=DailyNewsletter&utm_medium=email&utm_term=2015-02-16&utm_content=&utm_campaign=Production_2#sthash.SK877lW5.dpuf

2015-02-17 18:59

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