Last Price
0.144
Today's Change
+0.003 (2.127%)
Day's Change
0.141 - 0.146
Trading Volume
5,204,300
Overview
Avg Volume (4 weeks)
2,215,542
4 Weeks Range
0.133 - 0.164
4 Weeks Price Volatility (%)
87.80%
52 Weeks Range
0.133 - 0.245
52 Weeks Price Volatility (%)
58.78%
Previous Close
0.141
Open
0.142
Bid
0.144 x 383,800
Ask
0.145 x 280,900
Day's Range
0.141 - 0.146
Trading Volume
5,204,300
News and Blogs
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
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
U can search in biz.the star.com.my
....any rumours in spore why trading halt?
2013-10-02 21:55
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
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
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
Hmmmm...drop faster than rising.Yesterday dipped -21% wondering why SGX no question?
2013-10-17 16:14
Yesterday vested.Today can get the same price bought. Look like babysitting for a while.
2013-10-17 16:17
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
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
guidance very clear......drill not successful....tough luck small mosquito oil wells....money spent but no oil......
2013-11-18 16:55
hopefully, Fuyu-1 will bring some good news towards end of this year. Expect ODP approval to commence production
2013-11-18 17:42
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
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
Share:
Facebook
Twitter
Google+
Reddit
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
Post a Comment
Featured Posts
Apps
Top Articles
1
2
RHB Investment Research Reports
3
CEO Morning Brief
China's CICC Eyes Southeast Asia Expansion in Bid to Ease Domestic Woes
4
RHB Investment Research Reports
Food Empire - Slight Negative on Proposed Notes Issuance; BUY
5
SGX Market Updates
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jeffthen
Any news on why the company on trading halt today?
2013-10-02 18:48