Someone sapu a lot of warrant

just wait... I am waiting 100% return

I have enough warrant.. Time for mom

please dont rebound yet.. i am trying to allocate my fund to buy in for average down

warrant is very cheap now

Quarter result will let everyone know this counter is it a real gold mines

I am waiting the quarter result on next month. It should be better than current results.

No need ask ppl to buy... Got do study also know dnex is a black horse.

If Dnex can win the sst project then the price will shooting to rm1

heard from someone Dnex is trying to get SST project but i think most likely will take over by myeg

I am expecting dnex paying div.. Unless they have any big acquisition

Today got chance to break 0.4.. Let's see the market react later

The advantage of dnex company is 60% tech 40% oil n gas. Both sector also have bright future and I feel the price now is consider very cheap.

Time will proof everything.

This year dunno got div? Potentially will announce through the quarter result release.

This counter is good.. I will starting to collect on tomorrow

https://www.facebook.com/theedgemalaysia/videos/337756973697741/

Overall only TH selling.. Some big giant keep accumulating..

now usd 80 per barrel so meaning only need 20million

http://www.theedgemarkets.com/article/malaysia-oil-firm-hibiscus-petroleum-double-production

sell down is not much.. disappointed.. wish to collect some

finally entering to correction

tomorrow TP day

I think company soon will announce special div

game over for this counter

up up up

I think after Iran incident yesterday, oil price will be boost again

Dow up 100+++ again... Lion will continue up on next monday??

Up up up... Lion will follow dow

Dow going to break new high.. tomorrow Lion should be wake up already... so is UPPPP

based on the market status should be up on tomorrow unless China fight back on 10% tariff plan.

Tonight should be got news from US again

Look like the big player don't want to play WC so WC keep dropping or maintain.
WC price still very good to buy since no dividend given from Mother share.
Overall still very high risk and volatile for this counter.

today up so much.. tomorrow big drop?

Actually this counter is quite volatile, long term player should be fine.

opps.. I wrote wrongly, should be RM4.1.. Thanks for reminding me @derrtan

Revenue 23677500 USD / month if Brent oil price: USD70 *RM4.41 (depend on offload time & currency exchange rate )
Revenue 25368750 USD/ month if Brent oil price: USD75 *RM4.41 (depend on offload time & currency exchange rate )
Only calculate for Brent oil production excluded cook oil, gas +others ..
But need to minus operation, tax and so on.. only know the real profit

Anasuria = 3500+ 2375
North Sabah = 5400

Total : 11275 bbl/day

Kuala Lumpur, 3 September 2018 – 12.30 p.m. 
Hibiscus Petroleum Berhad (HIBI:MK) (“Hibiscus Petroleum”, or the “Group”) is pleased to announce 
that the GUA‐P2 side‐track (“P2‐ST”) well, located in the Guillemot A field of the Anasuria Cluster in 
the United Kingdom Central North Sea (“UKCNS”) and targeting untapped volumes of oil in the Forties 
reservoir, has been drilled and completed using the West Phoenix semi‐submersible drilling rig. During 
the  clean‐up  and  flowback  phase  of  the  P2‐ST  programme,  the  well  achieved  a  stabilised  gross 
production flow rate to the Anasuria FPSO of 4,750 barrels of oil per day (2,375 barrels of oil per day, 
net to the Group). The flow rate was established during a 20‐hour flow period through a 32% choke 
and with the application of gas lift at a rate of 1.7 million standard cubic feet a day.  
The  project  to  re‐enter  the  GUA‐P2  well  and  side‐track  commenced  in  early  June  2018  and  was 
executed by the Anasuria Operating Company Limited (“AOC”), the operator of the Anasuria Cluster 
of oil and gas fields. AOC is equally owned by Anasuria Hibiscus UK Limited and Ping Petroleum UK 
Limited. The P2‐ST is currently shut‐in to allow the drilling rig to demobilise from its location before 
production commences once again in early September 2018. 
Commenting on the results of the side‐track well, Hibiscus Petroleum’s Managing Director, Dr Kenneth 
Pereira, said, “We are extremely pleased with the initial production rate achieved by the P2‐ST well. 
Test  results  have exceeded our expectations. Over  the next  few months, we will  gradually increase 
choke size and determine the optimum parameters to flow this well.  The P2‐ST project represents the 
Group’s first major capital expenditure programme in the UKCNS. In an area where we jointly operate 
the fields, the drilling and completion of the P2‐ST well and the achievement of a positive result has 
enhanced our operating track record.  
Furthermore, this project is consistent with the Group’s strategy to arrest the natural decline and add 
to oil and gas production  from the Anasuria Cluster. Our target remains to achieve a production of 
5,000  barrels  of  oil  per  day  from  Anasuria  by  the  end  of  financial  year  2020  and  the  capability  to 
undertake projects such as the GUA‐P2‐ST will be a critical enabler. We look forward to the start of 
2 
production from the P2‐ST well by the end of this week as we are in a time of favourable crude oil price 
levels.” 
The Anasuria Cluster consists of the Teal, Teal South, Guillemot and Cook fields which produce to the 
Anasuria Floating, Production, Storage and Offloading facility (“Anasuria FPSO”). The Anasuria Cluster 
is located offshore in  the United Kingdom sector of North Sea. The Group’s indirect wholly‐owned 
subsidiary  Anasuria  Hibiscus  UK  Limited  holds  50%  joint‐operating  interests  in  the  P013  licence 
consisting of the Teal, Teal South and Guillemot A fields, as well as 19.3% non‐operating interest in 
the P185 licence consisting of the Cook field.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5903329

Based on previous record, Mar to Jun either loss or less profit. I think the quarter result is excellent compared to historical results. I will collect more if drop on Monday.

3days holiday. Just go relax la.. FY19 Q1 will showing the real bungaraya. Hopefully no more negative goodwill... Haha
I still holding and not plan to sell because company future still very good.

The game just started

All those negative goodwill is just on paper only or otherwise intangible assets. Where is actual money?

Unfortunately, this negative goodwill also counted in tax... lolx

wow.. this quarter is not included Anasuria profit but the reported video mentioned they off loaded twice and sold with the good price during the quarter and 3rd offload at 2nd July so all the profit will included into FY19 Q1..very interesting.. next quarter should be very good as well

Good result as expected. Well Done Hibiscus

Haha.. If u worried then just sell it

just check in bursa.. not yet release

a lot of result release today.. now bursa uploading.. not sure hibiscus result will release later or not

the result is not yet release lo.. after i check in bursa website