RH Petrogas Ltd. (T13)
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RH Petrogas Ltd. Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Mr. Cheng-Hsing Chang CEO | SGX Exchange | - ISIN |
| Singapore Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
RH PetroGas Limited operates as an investment holding company with a focus on the exploration, development, and production of oil and gas resources. Predominantly active in Indonesia, the company holds a significant position in the energy sector within the region. It was initially established under the name T8ri-M Technologies Singapore Limited, undergoing a rebranding to its current designation in November 2009. Since its inception in 1987, RH PetroGas has established its headquarters in Singapore, positioning itself as a key player in the exploration and production (E&P) segment of the oil and gas industry. The company’s strategic investments and operations in the Bird's Head area of West Papua, eastern Indonesia, underscore its targeted approach towards tapping into the rich hydrocarbon reserves in that region.
Products and Services
- Kepala Burung Production Sharing Contract (PSC)
This working interest comprises a 70% stake in a production sharing contract that spans an area of approximately 1,030 square kilometers. Located onshore in the Bird's Head area of West Papua in eastern Indonesia, this venture reflects RH PetroGas’s commitment to exploring and developing oil and gas resources in a geographically strategic location. The Kepala Burung PSC leverages the potential of the region's natural reserves, contributing significantly to the company's production output and resource base.
- Salawati Production Sharing Contract (PSC)
Similar to the Kepala Burung PSC, RH PetroGas holds a 70% working interest in the Salawati PSC, which covers a comprehensive area of 1,137 square kilometers both onshore and offshore. The location, like its counterpart, is situated in the Bird's Head area of West Papua, Indonesia, indicating a strategic focus on this particular region. This project enables RH PetroGas to diversify its operational scope by incorporating offshore exploration and production activities, thereby enhancing its capability to meet the growing demand for energy resources.
