Thursday, February 20, 2014
RH Petrogas
RH Petrogas: No notable corporate announcements on its 6.6% spike to $0.565 on good volumes.
Scheduled upcoming news flow for RH Petrogas:
Jan '14: Progress on exploration drilling of Koi-2 appraisal well, Salawati Kepala Burung PSC
Mar '14: Targets approval of overall development plan at North Klalin Field, Kepala Burung PSC
For the Koi-2 appraisal, group previously on announced on 2 Jan that during drilling, oil shows were observed from cutting samples. The group has proceeded to carry out logging operation and production testing on the well, which should be released soon.
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