Gordan's comment on HIBISCS. All Comments
Gordan
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Hibiscus Petroleum Ventures into Brunei: Proposed Acquisition of Brunei Gas Producing Assets
• SPA signed to acquire 100% equity interest in TotalEnergies Brunei holding 37.5% interest in Block B Maharajalela Jamalulalam (“MLJ”) field • 2P Reserves expected to increase by 36% from 60.9 MMboe to 82.6 MMboe
• Group daily net gas and condensate production levels targeted to increase by almost 7,900 boe per day in 2024
• Gas production share of Group’s portfolio to increase from 36% to almost 50%
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6 months · translate ·
Ee Beng Heng
hopefully it's price will go up as it's asset accretive meaning Good for Hibiscus, increase its EPS.
Like · 6 months · translate
Gordan
Just wait the shorties to clear their position. After that, we will shoot above RM3
1 Like · 6 months · translate