Oil, Gas and Consumable Fuels
Company Overview of Hibiscus Petroleum Berhad
Hibiscus Petroleum Berhad, an investment holding company, explores, develops, and produces oil and gas. The company operates through Investment Holding; Lime; 3D Oil, VIC/L31 & VIC/P57; and HIREX segments. It is focusing on the development of small and medium-sized oil and gas fields in the Middle East, Norway, South Asia, East Asia, and Oceania regions. The company, through its interests in Lime Petroleum Plc, has 4 concessions, including RAK North Offshore, RAK South Onshore, and Sharjah Offshore concessions in the United Arab Emirates, as well as Block 50 in Oman; and 14 concessions in Norway. It also holds interests in VIC/P57 and VIC/L31 concessions located in the West Seahorse field in...
Syed Kechik Foundation Building
Kuala Lumpur, 59100
Founded in 2007
Key Executives for Hibiscus Petroleum Berhad
Hibiscus Petroleum Berhad does not have any Key Executives recorded.
Hibiscus Petroleum Berhad Key Developments
Hibiscus Seeks Finance
Jul 10 14
Hibiscus Petroleum Berhad (KLSE:HIBISCS) has appointed UBS AG (SWX:UBSN) and Maybank Investment Bank Berhad to evaluate fund raising options and for strategic plans as it embarks on its next phase of growth and to meet its future development and expansion plans. Kenneth Pereira, Managing Director of Hibiscus said, "We are confident that these appointments will enable Hibiscus Petroleum to achieve its objective of becoming a respected regional independent oil and gas company. We hope this will be the start of a fruitful and meaningful long-term relationship.”
Hibiscus Petroleum Seeks Partners
Jun 26 14
Hibiscus Petroleum Berhad (KLSE:HIBISCS) is currently looking for partners. Kenneth Pereira, Managing Director of Hibiscus said that three partners from foreign companies had shown interest and the group was looking at it and would work with them in the next few months. He also added, "These parties will be given the opportunity to perform due diligence".
Hibiscus Petroleum Berhad Announces Resignation of Rabi Narayan Bastia as Non Independent & Non Executive Member of Audit Committee, Effective from June 30, 2014
Jun 9 14
Hibiscus Petroleum Berhad announced that resignation of Dr. Rabi Narayan Bastia as Non Independent & Non Executive Member of Audit Committee, effective from June 30, 2014.
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