Hibiscus Petroleum Berhad

Hibiscus Petroleum Berhad is Malaysia's first listed independent oil and gas exploration and production company, headquartered in Kuala Lumpur. Its key activities focus on monetising producing oil and gas fields and growing its portfolio of exploration, development and production assets in Malaysia, Vietnam, Brunei, countries in Asia Pacific and the United Kingdom. The group operates or jointly operates production sharing contracts or concessions in Malaysia, Vietnam, Brunei Darussalam and the United Kingdom, with a portfolio consisting of production, development and exploration assets. Its securities are listed on the Main Market of Bursa Malaysia Securities Berhad, and it is a constituent of the FTSE4Good Bursa Malaysia Index and the FTSE4Good Bursa Malaysia Shariah Index.

Hibiscus Petroleum Berhad was listed on the Main Market of Bursa Securities under Special Purpose Acquisition Company (SPAC) listing rules on 25 July 2011. On 18 April 2012, it completed a Qualifying Acquisition involving a 35% equity interest in Lime Petroleum Plc, whose assets included concessions in the Middle East. On 11 June 2012, it converted from a SPAC to an Oil and Gas Company following the Qualifying Asset Acquisition. On 8 January 2013, its indirect wholly-owned subsidiary Carnarvon Hibiscus Pty Ltd became the operator and 50.1% owner of the VIC/P57 permit area in the Bass Strait, Australia, and a 13.04% shareholder of 3D Oil Limited (presently known as 3D Energi Limited). On 5 December 2013, the National Offshore Petroleum Titles Administrator of Australia awarded the VIC/P57 joint venture a Production Licence VIC/L31 over the West Seahorse oilfield in the offshore Gippsland Basin, Victoria, Australia. On 3 February 2014, Masirah Oil Ltd, a subsidiary of Lime Petroleum, discovered light oil in GA-South #1, the first offshore oil discovery in the east of Oman after more than 30 years of exploration activities. On 11 November 2015, Carnarvon Hibiscus completed drilling of the Sea Lion-1 exploration well in Australia. On 11 March 2016, Hibiscus Petroleum completed the acquisition of a 50% interest in Anasuria, its first producing asset.

A Respected, Valuable and Responsible Energy Company building on upstream oil and gas expertise.

• 2022.01.20

  Reported2022.01.25

  Hibiscus completes acquisition of Fortuna[6]Hibiscus完成对Fortuna的收购thestar.com.my

  Hibiscus Petroleum Bhd’s subsidiary Peninsula Hibiscus Sdn Bhd completed the acquisition of the entire equity interest in Fortuna International Petroleum Corp. The group said all conditions were fulfilled as at January 20, 2022.

Read more

1. 1Hibiscus Petroleum | Delivering Value through Production Excellencehibiscuspetroleum.com
2. 2Hibiscus Petroleum | Our Historyhibiscuspetroleum.com
3. 3Hibiscus Petroleum | About Ushibiscuspetroleum.com
4. 4Hibiscus Petroleum | Corporate Governancehibiscuspetroleum.com
5. 5Hibiscus Petroleum Berhadwikidata.org
6. 6Hibiscus完成对Fortuna的收购thestar.com.my