Marigold Oilfield Development, North Sea, UK
The Marigold oilfield is located within Block 15/13a of Production Licence P198 in the North Sea, UK.
Source: offshore-technology.com
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Hibiscus Petroleum to ride on oil price momentum
PETALING JAYA: Rising oil prices will help boost the prospects of Hibiscus Petroleum Bhd and lift investor sentiment towards its shares. According to AmInvestment Bank Research, the oil and gas company is currently trading at a compelling valuation amid the prevailing oil price momentum, while the group’s environmental, social and governance (ESG) quality will enhance the attractiveness of the stock. The brokerage maintained its “buy” recommendation on Hibicus, with an unchanged sum-of-parts-based fair value of 79 sen per share. This implied an enterprise value/proven and probable rese...
Source: thestar.com.my