Highlights
SGX: RH PetroGas (T13)       RH PETROGAS LIMITED
Last Price Today's Change   Day's Range   Trading Volume
0.045   -0.005 (10.00%)  0.044 - 0.046  433

Overview

Avg Volume (4 weeks):0
52 Weeks Range:0.044 - 0.10
52 Weeks Price Volatility (%):
1.79%
Average Price Target: 0.40
Price Target Upside/Downside: +0.355

Headlines



No recent Headlines for this stock.


Business Background

RH Petrogas Limited, an investment holding company, engages in the exploration, development, and production of oil and gas resources in Indonesia, the People’s Republic of China, Singapore, 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. It also holds a 60% interest in the basin production sharing contract (PSC), and a 33.2% interest in the Island PSC, which are contiguous blocks located in the Birds Head area of West Papua, Indonesia covering an area of approximately 2,000 square kilometers onshore and offshore; and a 51.0% interest in the SK331 Onshore Sarawak block located in the Balingian Basin through PSC. The company was formerly known as T8ri-M Technologies Singapore Limited and changed its name to RH Petrogas Limited in November 2009. RH Petrogas Limited was incorporated in 1987 and is headquartered in Singapore.

  anthonylow likes this.
 
jeffthen Any news on why the company on trading halt today?
02/10/2013 6:48 PM
prc4wifefe Heard about Malaysian spas o&g gonna buy some stakes....is it true....did u see any uob.-kayhian analyst report on this?
02/10/2013 9:30 PM
jeffthen Can you post it on here to share??? Thanks!
02/10/2013 9:49 PM
prc4wifefe U can search in biz.the star.com.my
....any rumours in spore why trading halt?
02/10/2013 9:55 PM
jeffthen http://rhpetrogas.listedcompany.com/news.html/id/375310
03/10/2013 8:05 AM
prc4wifefe this one i know...any idea who are d investors??
03/10/2013 12:27 PM
alexyap The Malaysian SPAC rumored to be Sona, acquiring 10% of RH PetroGas. However, no announcement were made by Sona on this. Still rumor...
03/10/2013 3:31 PM
rubisa57 buy on rumours sell on news.
03/10/2013 8:38 PM
ninabucb how u guys think of RH PETROGAS?? on monday?? will it shoot up??
04/10/2013 6:00 PM
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?
07/10/2013 8:41 AM
inphyy Chart indicate....down the slope
14/10/2013 12:07 PM
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
14/10/2013 12:16 PM
prc4wifefe place to whom?
14/10/2013 1:47 PM
inphyy falling star.....
16/10/2013 10:38 AM
inphyy Hmmmm...drop faster than rising.Yesterday dipped -21% wondering why SGX no question?
17/10/2013 4:14 PM
inphyy Yesterday vested.Today can get the same price bought. Look like babysitting for a while.
17/10/2013 4:17 PM
inphyy Heee...just finished comments, started rise above 0.7
17/10/2013 4:26 PM
alexyap any fundamental in this stock?
17/10/2013 5:38 PM
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.
17/10/2013 8:19 PM
ticktock up up and away after placement.....
17/10/2013 10:27 PM
inphyy Next resistance 0.81
18/10/2013 10:39 AM
inphyy Heeee... last week vested 1 day before placement started
21/10/2013 11:20 AM
inphyy hmmm...slow and steady
22/10/2013 10:40 AM
inphyy US crude oil closes below US$100 in New York
22/10/2013 3:08 PM
inphyy Hmmm...today steal the market show
24/10/2013 9:20 AM
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.
24/10/2013 1:35 PM
inphyy Have to be patience to reach goal closing 0.75
24/10/2013 5:11 PM
adc38 big volume recently, anyone know what happen?
08/11/2013 12:42 AM
ticktock Back to placement price.....
18/11/2013 10:00 AM
inphyy U Can't Touch This
18/11/2013 12:22 PM
adc38 what mean by can't touch this
18/11/2013 4:31 PM
ticktock guidance very clear......drill not successful....tough luck small mosquito oil wells....money spent but no oil......
18/11/2013 4:55 PM
twin-joy hopefully, Fuyu-1 will bring some good news towards end of this year. Expect ODP approval to commence production
18/11/2013 5:42 PM
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?
20/11/2013 9:08 AM
inphyy dead cat bounce?
20/11/2013 12:22 PM
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?
17/12/2013 11:00 AM
ticktock good news???
18/12/2013 5:06 PM
adc38 still no news update
11/01/2014 2:59 PM
tch1006 something brewing?
21/03/2014 4:03 PM
dicklinglk Hear nothing as yet ..... TP is 1.38 ???
21/03/2014 7:25 PM
Frant Denner Post removed. Why?
04/04/2014 4:47 PM
mmfsolutionsg Yes, news update us.
13/12/2014 11:07 PM
Andy Share:
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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
17/02/2015 6:59 PM


 

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