RH Petrogas Ltd

SGX (SGD): RH PetroGas (T13)

Last Price

0.171

Today's Change

+0.003 (1.785%)

Day's Change

0.17 - 0.173

Trading Volume

10,665,500


1 person likes this.

44 comment(s). Last comment by In 2015-02-17 18:59

Posted by jeffthen > 2013-10-02 18:48 | Report Abuse

Any news on why the company on trading halt today?

Posted by prc4wifefe > 2013-10-02 21:30 | Report Abuse

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

Posted by jeffthen > 2013-10-02 21:49 | Report Abuse

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

Posted by prc4wifefe > 2013-10-02 21:55 | Report Abuse

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

Posted by prc4wifefe > 2013-10-03 12:27 | Report Abuse

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

alexyap

8 posts

Posted by alexyap > 2013-10-03 15:31 | Report Abuse

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

Posted by rubisa57 > 2013-10-03 20:38 | Report Abuse

buy on rumours sell on news.

Posted by ninabucb > 2013-10-04 18:00 | Report Abuse

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

Posted by jeffthen > 2013-10-07 08:41 | Report Abuse

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?

inphyy

338 posts

Posted by inphyy > 2013-10-14 12:07 | Report Abuse

Chart indicate....down the slope

inphyy

338 posts

Posted by inphyy > 2013-10-14 12:16 | Report Abuse

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

11.10.2013

Posted by prc4wifefe > 2013-10-14 13:47 | Report Abuse

place to whom?

inphyy

338 posts

Posted by inphyy > 2013-10-16 10:38 | Report Abuse

falling star.....

inphyy

338 posts

Posted by inphyy > 2013-10-17 16:14 | Report Abuse

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

inphyy

338 posts

Posted by inphyy > 2013-10-17 16:17 | Report Abuse

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

inphyy

338 posts

Posted by inphyy > 2013-10-17 16:26 | Report Abuse

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

alexyap

8 posts

Posted by alexyap > 2013-10-17 17:38 | Report Abuse

any fundamental in this stock?

inphyy

338 posts

Posted by inphyy > 2013-10-17 20:19 | Report Abuse

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.

ticktock

61 posts

Posted by ticktock > 2013-10-17 22:27 | Report Abuse

up up and away after placement.....

inphyy

338 posts

Posted by inphyy > 2013-10-18 10:39 | Report Abuse

Next resistance 0.81

inphyy

338 posts

Posted by inphyy > 2013-10-21 11:20 | Report Abuse

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

inphyy

338 posts

Posted by inphyy > 2013-10-22 10:40 | Report Abuse

hmmm...slow and steady

inphyy

338 posts

Posted by inphyy > 2013-10-22 15:08 | Report Abuse

US crude oil closes below US$100 in New York

inphyy

338 posts

Posted by inphyy > 2013-10-24 09:20 | Report Abuse

Hmmm...today steal the market show

inphyy

338 posts

Posted by inphyy > 2013-10-24 13:35 | Report Abuse

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.

inphyy

338 posts

Posted by inphyy > 2013-10-24 17:11 | Report Abuse

Have to be patience to reach goal closing 0.75

adc38

3 posts

Posted by adc38 > 2013-11-08 00:42 | Report Abuse

big volume recently, anyone know what happen?

ticktock

61 posts

Posted by ticktock > 2013-11-18 10:00 | Report Abuse

Back to placement price.....

inphyy

338 posts

Posted by inphyy > 2013-11-18 12:22 | Report Abuse

U Can't Touch This

adc38

3 posts

Posted by adc38 > 2013-11-18 16:31 | Report Abuse

what mean by can't touch this

ticktock

61 posts

Posted by ticktock > 2013-11-18 16:55 | Report Abuse

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

Posted by twin-joy > 2013-11-18 17:42 | Report Abuse

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

skye15

5 posts

Posted by skye15 > 2013-11-20 09:08 | Report Abuse

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

inphyy

338 posts

Posted by inphyy > 2013-11-20 12:22 | Report Abuse

dead cat bounce?

ticktock

61 posts

Posted by ticktock > 2013-12-17 11:00 | Report Abuse

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?

ticktock

61 posts

Posted by ticktock > 2013-12-18 17:06 | Report Abuse

good news???

adc38

3 posts

Posted by adc38 > 2014-01-11 14:59 | Report Abuse

still no news update

tch1006

2 posts

Posted by tch1006 > 2014-03-21 16:03 | Report Abuse

something brewing?

Posted by dicklinglk > 2014-03-21 19:25 | Report Abuse

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

Posted by Frant Denner > 2014-04-04 16:47 |

Post removed.Why?

Posted by mmfsolutionsg > 2014-12-13 23:07 | Report Abuse

Yes, news update us.

In

3 posts

Posted by In > 2015-02-17 18:59 | Report Abuse

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

Post a Comment
Market Buzz