Oil, Gas and Consumable Fuels
Company Overview of Hibiscus Petroleum Berhad
Hibiscus Petroleum Berhad, an investment holding company, explores, develops, and produces oil and gas. The company operates through Investment Holding; Lime; 3D Oil, VIC/L31 & VIC/P57; and HIREX segments. It is focusing on the development of small and medium-sized oil and gas fields in the Middle East, Norway, South Asia, East Asia, and Oceania regions. The company, through its interests in Lime Petroleum Plc, has 4 concessions, including RAK North Offshore, RAK South Onshore, and Sharjah Offshore concessions in the United Arab Emirates, as well as Block 50 in Oman; and 14 concessions in Norway. It also holds interests in VIC/P57 and VIC/L31 concessions located in the West Seahorse field in...
Syed Kechik Foundation Building
Kuala Lumpur, 59100
Founded in 2007
Key Executives for Hibiscus Petroleum Berhad
Hibiscus Petroleum Berhad does not have any Key Executives recorded.
Hibiscus Petroleum Berhad Key Developments
Hibiscus Petroleum Berhad Reports Unaudited Consolidated Earnings Results for the Quarter Ended March 31, 2015
May 28 15
Hibiscus Petroleum Berhad reported unaudited consolidated earnings results for the quarter ended March 31, 2015. For the quarter, the company reported revenue of MYR 1,717,000 against MYR 14,755,000 a year ago. Loss before taxation was MYR 11,017,000 against MYR 41,555,000 a year ago. Loss after taxation attributable to owners of the company was MYR 11,041,000 or 1.23 sen per basic and diluted share against MYR 39,942,000 or 5.43 sen per basic and diluted share a year ago. Net cash used in operating activities was MYR 16,617,000. Purchase of equipment was MYR 33,461,000. Acquisition of intangible assets was MYR 76,017,000.
Hibiscus Petroleum Appoints Vincent Jacob Lee Nam Sang as Chief Financial Officer
May 6 15
Hibiscus Petroleum has appointed Vincent Jacob Lee Nam Sang as Chief Financial Officer. The effective date is May 05, 2015.
Hibiscus Petroleum Berhad Re-Designates Joyce Theresa Sunita Vasudevan as VP Strategy Development
May 5 15
Hibiscus Petroleum Berhad announced the re-designation of Joyce Theresa Sunita Vasudevan, CFO as VP Strategy Development of the company, effective May 5, 2015.
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