Blog: 3 Revenue Stream You Must Look into KLSE Energy Sector Before You Buy!

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2 comment(s). Last comment by Goldberg 2021-10-17 16:55

Goldberg

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Posted by Goldberg > 2021-10-17 16:49 | Report Abuse

DNEX should be considered upstream- a direct beneficiary of the current surge in crude oil- by virtue of its 90% stake in PING Petroleum- based in the North Sea.

Goldberg

2,626 posts

Posted by Goldberg > 2021-10-17 16:55 | Report Abuse

Ping Petroleum s now exploring opportunities to monetise economically attractive reserves in the Anasuria Cluster which has estimated proved and probable reserves of about 26.6 million barrels of oil equivalent. Ping also intends to optimise its current greenfield portfolio, such as Avalon, including acquiring the remaining 50% stake in Avalon not currently owned by Ping.

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