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Last $0.26 SGD
Change Today 0.00 / 0.00%
Volume 1.4M
RHP On Other Exchanges
As of 5:04 AM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

rh petrogas ltd (RHP) Snapshot

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07/3/14 - $0.92
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rh petrogas ltd (RHP) Details

RH Petrogas Limited explores, develops, and produces oil and gas properties in Singapore, Indonesia, the People’s Republic of China, Myanmar, and Malaysia. The company develops and produces hydrocarbon resources in Fuyu 1 Block covering an area of approximately 254.9 square kilometers located in the Songliao Basin, Jilin province, the People’s Republic of China; and explores and produces crude oil in West Belida Block, Jambi, South Sumatra, Indonesia covering an area of approximately 1,046.28 square kilometers. It also has a total of 60% of the Basin production sharing contract (PSC) and 33.2% of the Island PSC, which are contiguous blocks located in the Birds Head area of West Papua, Indonesia covering an area of approximately 1,969 square kilometers onshore and offshore; and holds an 80% interest in Block SK331 onshore concession covering an area of approximately 11,600 square kilometers located in Malaysia. The company was formerly known as Tri-M Technologies (S) Limited and changed its name to RH Petrogas Limited in November 2009. RH Petrogas Limited was incorporated in 1987 and is headquartered in Singapore.

Founded in 1987

rh petrogas ltd (RHP) Top Compensated Officers

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rh petrogas ltd (RHP) Key Developments

RH Petrogas Limited Completes Development Drilling for the First Fifteen Wells at Fuyu 1 Block, Jilin Province, China

RH PetroGas Limited updated that the drilling of 15 development wells at the Yongping Oilfield in the Fuyu 1 Block has been completed in 2014 as planned. This follows the receipt of the final approval of the Overall Development Plan (ODP) for the phased development of the Yongping Field which was announced previously. Drilling of these wells started on November 17, 2014 and was completed in 2014. Drilling results are encouraging with producible pays interpreted in 14 out of the 15 wells drilled. The wells are currently suspended in readiness to move into production, which will begin once the winter season is over. Plans are in place to drill another 40 to 100 shallow development wells in 2015. Fuyu 1 Block is located in Songliao Basin, Jilin Province, the People's Republic of China and is operated by Kingworld Resources Limited (KRL), a wholly owned subsidiary of the Company. KRL entered into the petroleum contract for Fuyu 1 Block with China National Petroleum Corporation (CNPC) in November 2007 (Fuyu 1 PSC). KRL has a 100% working interest in the Fuyu 1 Block during the evaluation phase. Upon the commencement of commercial production under the Fuyu 1 PSC, CNPC would back in for a 51% working interest.

RH PetroGas Limited Reports Unaudited Group Earnings Results for the First Quarter Ended March 31, 2015

RH PetroGas Limited reported unaudited group earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of USD 13.249 million compared to USD 19.778 million a year ago. Loss before tax was USD 1.963 million compared to profit before tax of USD 1.658 million a year ago. Loss for financial period was USD 0.657 million compared to profit for financial period of USD 0.073 million a year ago. Loss attributable to the owners of the company was USD 0.688 million compared to profit attributable to the owners of the company of USD 0.073 million a year ago. Basic and diluted loss per share was USD 0.09 compared to basic and diluted earnings per share of USD 0.01 a year ago. Net cash flows used in operating activities was USD 14.445 million compared to USD 10.914 million a year ago. Additions to oil and gas properties were USD 1.408 million compared to USD 1.891 million a year ago. Additions to development expenditures were USD 0.253 million. Additions to exploration and evaluation assets was USD 0.529 million compared to USD 6.376 million a year ago. Purchase of other plant and equipment was USD 0.017 million compared to USD 0.102 million a year ago.

RH PetroGas Limited to Report Q1, 2015 Results on May 07, 2015

RH PetroGas Limited announced that they will report Q1, 2015 results on May 07, 2015


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