One major issue in US is the oil production in the Permian Basin is slowing down since WTI price is too low and their opex is too high.

Hi supermx2, Hibi at 91s is still very cheap. Buy and hold and wait. Hibi has great plans for growth ie 20,000 bpd coming soon

Tp is 3. Oil is a must in many items. Your cosmetic products need distillate oil to produce.

https://www.cnbc.com/2020/02/05/oil-markets-oil-prices-opec-cuts-coronavirus-impact-in-focus.html

Tak payah consolidation bang, 1.588b tak banyak pun.

Hari ini, oil naik 3%....memang ada sebab yang membanggakan

API latest report was an increased in crude oil but a draw in distillate by 1.78 m barrels. Distillate draw is a good sign showing tight supply of finished products of oil like fuel oil for heating. Winter in the Northern Hemisphere will result in domestic demand for distillates

Buy and hold, Hibi is very rewarding long term. Tp is 3

At North Sabah, three infill Wells completed in St Joseph field, three more infill wells in SF 30 field ie South Furious 30 field and one more drilling of water injection well in the same field, 2P reserves is 20.5m bbl

Brent oil is still good ie above 50 pb, breakeven costs is 16 to 20 pb. Hibi still can make profit.

Ok guys, breakout at 87.5s, now moving towards 90s

Let's wait a while for breakout at 87.5s

This FY 2020, the target production is 3.3 to 3.5m bbls of oil from two producing assets ie Anasuria and North Sabah. Opex is about 16 to 20 pb. At 54 pb, selling price, Hibi still make a decent profit

Now, it is time for the move forward to the next target at 90s. The first hour is just small retailers taking small profit.

On 12 December 2019, Hibi completed the acquisition of the Crown Discovery in the North Sea license P 2366. In this block, 2C contingent resources is about 4-8 million barrels of oil. At USD 50 pb, that is a lot of RM millions

Don't panic. Hibi has grown in strength. With only one asset ie Anasuria Cluster in 2016, it has grown to three assets

The prices of oil fluctuate. Hibi can only improve on opex costs, efficiency and increased in oil production.

OPEC meeting starts today. Oil already up 2 %

Hibi, well done. 87.5s will be gone.

Buy, keep and wait. Tp is 3. Cash Rich. Lots of excitement in CAPEX. Zero debts. Next year mission is 20,000 bpd

Hibi next Qtr results will be out very soon, maybe 2 weeks time.

A piece of cake. Tomorrow, gap up

87s coming

86s all eaten up. Breakthrough

Tomorrow gap up confirm 90s

If you don't buy now, you will regret it

Oil is still good. The breakeven cost is only 16-20 pb

Pada tahun 2017, harga minyak Brent hanya USD 48 st. Sekarang, harga nya ialah 54 st. Penggunaan minyak memang perlu.

Hibi, sejak FY 2017 sudah menunjukkan keuntungan.

Tp 3........beli dan tunggu.

Hibi, teguh tepat teguh, stock yang boleh.

Coronavirus datang dan pergi. Hibi tetap teguh

Peluang untuk beli Hibi, kurang 90s sahaja. Murah murah.

Opex cost is only USD 16-20 pb, Hibi will make profit. Brent is USD 54 pb, still good.

Oil demand will always be there. The world is never enough of oil.

Coronavirus come and go, just like Sars. The Chinese government is working very hard to help

No worries guys, just buy and keep long term. Tp is 3

Hibi, an excellent company that grow in strength as the years goes by. Rich in cash, zero in debts and oil production keep increasing. Opex is very low, only USD 18 pb

Yes, opportunity buy. Ambulance need oil to move

reprocessed by service company CGG.

VIC/P74, Gippsland Basin, offshore Victoria
In October 2019, 3D Oil announced that Carnarvon Hibiscus Pty Ltd (“CHPL”), an indirect
wholly-owned subsidiary of Hibiscus Petroleum Berhad, elected to enter into a joint venture
agreement, by acquiring a 50% interest in the permit. Upon completion of the transaction, 3D
Oil and CHPL will enter into a joint operating agreement whereby 3D Oil will remain as operator
and retain 50% equity in the permit. The permit covers 1,009km2 of the southern side of the
Gippsland Basin, adjacent to the giant Kingfish Oil Field, the largest oil field ever discovered in
Australia having produced over one billion barrels of oil to date.
During the quarter, 3D Oil performed data consolidation and the initial stages of a prospectivity
review. The primary work programme for VIC/P74 is low cost and is carefully designed to
identify missed opportunity through analysis of modern seismic data, which is currently being

Hibi got announcement today

Opportunity buy. Hibi is good for long term investors. Cash Rich and Zero debts. Oil production keep on increasing as new wells are dig and explore.

Also, media now is different ie media prima is going digital

A proactive company. Has done restructuring by reducing excess staff and improving cash flow.

Hibi, an og stock you must not miss for year 2020 onwards. An excellent company that has grown and keep on growing for many more years to come. Very low opex with good management skills, looking for every opportunity to expand and acquire good oil wells on sale by other big oil majors ( these big oil companies like Shell or ExxonMobil always do restructuring). A good buy now since it is below RM 1. Tp is RM 3

Tp 3, why? Hibi oil production will soon hit 20k bpd.

Opex for N Sabah is 16 pb, and for UK Anasuria is 20 pb. Hibi still make profit

Tp 3, the virus from Wuhan come and go. Just wait.

Happy holidays to all Hibi shareholders