Hibiscus Petroleum Berhad (KLSE: HIBISCS)
Malaysia flag Malaysia · Delayed Price · Currency is MYR
1.920
-0.040 (-2.04%)
At close: Dec 20, 2024

Hibiscus Petroleum Berhad Company Description

Hibiscus Petroleum Berhad engages in the exploration, development, and sale of oil and gas.

The company operates through Malaysia – North Sabah; Malaysia – Kinabalu and Others; Commercial Arrangement Area; United Kingdom; Australia; and Vietnam segments.

It holds 50% interests in the North Sabah petroleum production oil fields located off the coast of Sabah, Malaysia; and 60% interests in the Kinabalu field located in coast of Sabah, Malaysia; the PM305 and PM314 fields located to the eastern coast of Peninsular Malaysia in the Malay Basin.

The company also holds 35% interest in the PM3 CAA field and manages the operations relating to the production of petroleum from various oil fields, such as Bunga Orkid, Bunga Pakma, Bunga Raya, Bunga Seroja, Bunga Kekwa, Bunga Tulip, Bunga Aster, and Bunga Lavatera.

In addition, it holds interests in the Anasuria Cluster producing oil and gas fields, Marigold and Sunflower fields, license no.

P2532, P2535, P2451, and license no. P2518, P2608, and P2635 located offshore in the United Kingdom Continental Shelf; operates VIC/RL17 petroleum license in Australia; and holds 70% interest in the Block 46, a tie back asset that contains the producing Cai Nuoc field and the undeveloped Hoa Mai field located in Vietnamese waters.

Further, the company invests in, owns, and operates oil and gas concessions; and provides project management, technical, and other services relating to the oil and gas exploration and production industry.

Hibiscus Petroleum Berhad was incorporated in 2007 and is headquartered in Kuala Lumpur, Malaysia.

Hibiscus Petroleum Berhad
Country Malaysia
Founded 2007
Industry Crude Petroleum and Natural Gas
Employees 5
CEO Kenneth Pereira

Contact Details

Address:
Syed Kechik Foundation Building
Kuala Lumpur, 59100
Malaysia
Phone 60 3 2092 1300
Website hibiscuspetroleum.com

Stock Details

Ticker Symbol HIBISCS
Exchange Bursa Malaysia
Fiscal Year July - June
Reporting Currency MYR
SIC Code 1311

Key Executives

Name Position
Kenneth Pereira Chief Executive Officer
Chee Yip Chief Financial Officer