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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