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RH Petrogas Signs A Seismic Option In Respect Of The Production Sharing Contract For Block M-1, Offshore Myanmar
The Board of Directors of RH Petrogas Limited (the “Company”) refers to its announcement (SGXNet Announcement No 116) made on 6 December 2012 in relation to the change of basis of measurement for the purposes of Chapter 9 of the Listing Manual from Net Tangible Asset Value to Net Asset Value. The Board wishes to announce that the Company had on 11 December 2012 executed a farm-in option agreement (“Seismic Option Agreement”) with Rimbunan Petrogas Limited (“RPL”) pursuant to which RPL has granted the Company a seismic option (the “Seismic Option”), to farm-in and acquire 50% of RPL’s participating interest in the Production Sharing Contract for Block M-1 located offshore Myanmar (the “PSC”) (“Proposed Acquisition”).

date.png12 Dec 2012 08:22 | comments.png 0 Comments | tags.png asia myanmar rh-petrogas upstream [ More ]

RH Petrogas receives approval of Overall Development Plan from CNPC for development of its Yongping field, Fuyu 1 Block, Chin
Mainboard-listed RH Petrogas Limited (“RHP” or the “Group”), engaged mainly in the business of exploration, development and production of oil and gas resources, wishes to announce that Kingworld Resources Limited (“KRL”), a wholly owned subsidiary of the Group, has received approval from China National Petroleum Corporation (“CNPC”) for the revised Overall Development Plan (“ODP”) with regards to the phased development of the Yongping Field in the Fuyu 1 Block in the Songliao Basin, Jilin Province, the People’s Republic of China.

date.png23 Aug 2012 10:18 | comments.png 0 Comments | tags.png asia china cnpc rh-petrogas upstream [ More ]

RH PetroGas Started Production From North Klalin-1 Well In Kepala Burung PSC ("Basin PSC"), Indonesia
The Board of Directors of RH Petrogas Limited (the “Company”) refers to its announcement (SGXNet Announcement No. 2) made on 24 October 2011 in relation to the North Klalin-1 discovery well made by its wholly owned subsidiaries Petrogas (Basin) Ltd. (“PBL”) and RHP Salawati Basin B.V. (“RHPSB”) in the Kepala Burung Production Sharing Contract (“Basin PSC”), located in the Sorong area, West Papua. The North Klalin-1 well tested 5.867 million standard cubic feet per day (“MMSCFD”) of gas and 137 barrels of condensate per day (“BCPD”) on a 24/64” choke.

date.png02 May 2012 13:58 | comments.png 0 Comments | tags.png asia indonesia rh-petrogas upstream [ More ]
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