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Hibiscus to write off RM27mil due to commercially unviable well

Hibiscus to write off RM27mil due to commercially unviable well
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Hong Leong Investment Bank maintains 'overweight' stance on O&G industry | Daily Express Malaysia

PETALING JAYA: With the oil price expected to remain “higher-for-longer” at the range of US$80-US$90 (RM373.12 – RM419.76) per barrel in the medium term, the oil and gas (O&G) industry players can foresee a positive outlook for their operations, said Hong Leong Investment Bank (HLIB). ....

Malaysia General , Hong Leong Investment Bank , Us Strategic Petroleum Reserve , Hibiscus Petroleum Bhd , Organisation Of The Petroleum Exporting Countries Opec , Leong Investment Bank , Petroleum Exporting Countries , Petroleum Reserve , Bumi Armada Bhd , Wasco Bhd , Daily Express ,