slow

stalemate....coooooling down mannn

hahaaa got me crazy..cannot brain

comeon bintai..why involved in Digital crypto currency...sway already fm main core business..nuts

tsunami coming all small fish run

why ppl still or dared to buy at .20 cent?...oil will be there for sure only to take it out and markwting....ricih richer

elephant too fly

hayaaaaa...still slow

ballAssssss

kazakstan is a huge country..twice big than Arab Saudi..so lots of oil and gas opportunities

emm

slowwwww looks dying

reach....wake up..wake up

asdion slowwww

go go bintai

bintai steady

oil steady....

steady

no news

lifeless...no vitamin

no news

now pass 15 aug...22....nothing moves..

..Reach Energy Bhd (REB) has proposed to issue 1.03bn new ordinary shares at an issue price of 20.0 sen per share to undertake a debt settlement exercise involving RM206.5m owed to Super Racer Limited (SRL). At the same time, SRL and Cheung Siu Fai, acting in concert with SRL, intend to seek an exemption from the Securities Commission Malaysia from the obligation to undertake a mandatory take-over offer for the remaining REB shares and the outstanding warrants issued by REB expiring on 15th Aug 2022 on completion of the proposed debt settlement. The proposals are expected to be completed by 2H22. (The Star)

true...what happens then sleep

NOSH still 1096 millns shares..correction

previously announced@

yeeah.... Reach never reach its destiny....how come.. NOSH still 1092 millions...nothing much of said introducibg new shares as previouslu annkuncenebts

being away cruising in Medittrreanean

cruising in caribeean

2-year contract extension for Sapura Esmeralda. Sapura Energy’s JV company has been awarded with a 2-year extension, valued at USD130m (c.MYR580m) by Petróleo Brasileiro SA (Petrobras) for the provision of services and charter of PLSV Sapura Esmeralda. The implied daily charter rates (DCR) of USD178k/day appears to be higher than the rates of Sapura Diamante and Sapura Topazio, which have been awarded 3.5-year contracts by Petrobras.
Lower charter rates. Overall, we are positive on the contract win as it provides a 2-year earnings visibility for this vessel. Recall that Sapura Esmeralda was under an 8-year firm charter contract with another 8-year extension option. The original DCR was as high as USD250k/day. However, we understand that Petrobras has slashed the rates several times in the past few years. Therefore, we estimate that the new DCR is 10-15% lower than the most recent rates prior to the expiry of the firm contract. Subsequent to this new contract, the next PLSV that is due for expiry is Sapura Onix in 3QCY23, followed by Sapura Jade in 1QCY24.

Maintain our estimates.
Recall that all six vessels have operated in Brazil for Petrobras in 1QFY23 with average utilisation of 94.8%. The share of profit from these vessels was c.MYR40m in 1QFY23. Assuming net margin of 10%, this contract is likely to contribute net earnings of MYR15m pa. Despite the contract win, we maintain our losses estimates, with the anticipation of a continuous drag by other segments.

SELL.
Our SOP-based TP is kept at MYR0.02, assuming 20% of total debt was converted to equity, based on a conversion price of MYR0.10/share. Our share base is enlarged by 21.4bn or 1.2x. Our TP also includes a 6% discount, based on Sapura Energy’s ESG score of 2.7. Upside risks: Better- than-expected project execution and stronger-than-expected contract flows.

list down asdion why asdion is a good stock......most of the time sleeepppppppp

what so special about asdion?????????????nothing

waiting

SE got new life???????????????? who going to settle 20 bil debt

Gann Support: 0.04/0.03 | Resistance: 0.05/0.06

or 5 aug ..conversion time frame....

wait till 15 aug.......

slowwwwwww counter bit NOSH small....thats adv

look in bskl where can you find O&G stock worth below .10 cents....

if lucky it will hit 1-2 cents or in the range 2-3 cents the baseline..may be....... hahaha..sharks too watching and eyeing with interest.. oil demand and pricing is going to be pivotal up trending.....

waiting for dilution 1. conversion d 2. 1032 mil new issuance shares SRL still no news..timing ........

..High Oil Prices Spark A New Wave Of Exploration

By Alex Kimani - Jul 26, 2022, 7:00 PM CDT

Oil companies are reaping the benefits of high energy prices. 

Indebted American oil and gas companies, armed with improved balance sheets, are finally drilling again.

Oilfield services companies are among the biggest winners as demand soars on a favorable mix of exploration and offshore activity.

REACH will follow suit....hahahahaha

https://www.msn.com/en-gb/money/other/exxonmobil-and-chevron-shatter-profit-records-eurozone-inflation-hits-record-8-9-business-live/ar-AA105zYK?cvid=c091c0e9784f4ee897db4601d4899c6a

https://oilprice.com/Energy/Crude-Oil/Big-Oil-Set-For-Blowout-Performance-But-What-Comes-Next.html

oil market appreciating...good outlook

anak sudah buried.......gone

The field O&G whose ultimate development price tag is estimated at more than $20 billion, lies in the shallows of the northern Caspian Sea. If gas reinjection is successfully implemented, it is expected to yield between 9-13 billion barrels of sweet, light crude, making it one of the world's top six deposits and the colossus of the Caspian region.

Kazakhstan is sparsely populated country--the size of Western Europe--in 2015 exporting 3 million bpd by. This is more than Russia exports today at that time and would place Kazakhstan among the world's top six exporters years to come.

Kazakhstan is is well known as the oil-rich country’s ........yet to be tapped.. REACH is lucky the only Malaysian oil&Gas company to operate here.......

if u read this...it helps to see the potential
https://eurodialogue.org/Will-Kazakhstan-oil-reach-Europe