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petson Master	12-Aug-2023 13:19        petson About Contact  Quote this Post!
x 0   x 0  Alert Admin	was expecting last qtr to be down as oil drop to its $70s....guess result was reflective of that...may have alot of premaintanance after covid shutdown??..bought rex around june, keeping as US SPR is all time low? opec bent on cutting production, only 2 bets..rex & rh..dydd
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ahberngh Elite	12-Aug-2023 12:54        ahberngh About Contact  Quote this Post!
x 0   x 0  Alert Admin	They were doing very well 1 or 2 years ago when oil was at about the same level or lower. Why did they suddenly become a high cost producer like Rex. CEO and directors got greedy ??? ahberngh      ( Date: 12-Aug-2023 00:18) Posted: Petrogas tedult quite disappoinring. With oil averaging about $80 during this period they still can't do well. They want oil at $100 to do well. Indicates lack of efficiency. I expected more from them, looks like I was wrong. Only thing to look forward to is their oil exploration well and their gas exploration well. If both failed, I think I am out because if they can't make good profit at $80 oil, I don't think there is much hope. Just my opinion, please dyodd.
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TraderBen Supreme	12-Aug-2023 08:42        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	omg.. totally wasnt expecting this.. will have knee jerk reaction on monday piscesmonkey      ( Date: 11-Aug-2023 18:17) Posted: profit drop 65%
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ahberngh Elite	12-Aug-2023 00:18        ahberngh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Petrogas tedult quite disappoinring. With oil averaging about $80 during this period they still can't do well. They want oil at $100 to do well. Indicates lack of efficiency. I expected more from them, looks like I was wrong. Only thing to look forward to is their oil exploration well and their gas exploration well. If both failed, I think I am out because if they can't make good profit at $80 oil, I don't think there is much hope. Just my opinion, please dyodd.
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wehuattogether88 Supreme	11-Aug-2023 22:03        wehuattogether88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Surprise that REX result is better compared to RH
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piscesmonkey Supreme	11-Aug-2023 19:25        piscesmonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rex result better
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piscesmonkey Supreme	11-Aug-2023 18:17        piscesmonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	profit drop 65%
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TraderBen Supreme	10-Aug-2023 10:43        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	dont worry, it will definitely hit KGI' s TP of 25 cents.. before the end of the year FrancisLim      ( Date: 08-Aug-2023 11:15) Posted: Oil prices up,  This co share trading volume is constipated.
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wehuattogether88 Supreme	10-Aug-2023 10:15        wehuattogether88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oil price continue to Go UP, Dyna Mac, REC and RH which is oil related stocks will benefits and stocks price will go up as well.
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FrancisLim Elite	08-Aug-2023 11:15        FrancisLim About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oil prices up,  This co share trading volume is constipated.
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positivity88 Veteran	04-Aug-2023 09:37        positivity88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	looks like break out time to 0.23. 1- OIL tightening prices up.  2 - RH may have catalyst of finding new oil from the well spudded. within another 2 weeks will announce since they say 30 days
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stanip Veteran	27-Jul-2023 11:27        stanip About Contact  Quote this Post!
x 0   x 0  Alert Admin	One uses precious cash to drill new golds while the other uses cash to plug old holes. Have to give to RHP management on decisions to drill two to improve the probability of hitting one.    CheeryVGoh      ( Date: 25-Jul-2023 18:34) Posted: UOB KH : The Yin And The Yang: Long RH Petrogas, Short Rex International . The commencement of an exciting drilling programme for RH Petrogas (BUY/Target: S$0.25) in 2H23 highlights an interesting high risk/high reward period for investors in the stock, which could see in excess of 60% upside in the share price over the next 6-8 months. Contrast this with Rex (SELL/Target: S$0.10) which continues to suffer from production problems at its key Yumna field. Maintain MARKET WEIGHT on the sector. WHAT&rsquo S NEW &bull An exciting 2H23 drilling programme for RH Petrogas (RHP).
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CheeryVGoh Supreme	25-Jul-2023 18:34        CheeryVGoh About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	UOB KH : The Yin And The Yang: Long RH Petrogas, Short Rex International . The commencement of an exciting drilling programme for RH Petrogas (BUY/Target: S$0.25) in 2H23 highlights an interesting high risk/high reward period for investors in the stock, which could see in excess of 60% upside in the share price over the next 6-8 months. Contrast this with Rex (SELL/Target: S$0.10) which continues to suffer from production problems at its key Yumna field. Maintain MARKET WEIGHT on the sector. WHAT&rsquo S NEW &bull An exciting 2H23 drilling programme for RH Petrogas (RHP).
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TraderBen Supreme	25-Jul-2023 14:52        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	sold 150 lots at 210 too.. wait for pull back again! TraderBen      ( Date: 21-Jul-2023 18:30) Posted: Ho seh liao! Took profits at 200 and bought in at 198 again. 21 cents to clear on Monday!
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piscesmonkey Supreme	25-Jul-2023 14:15        piscesmonkey About Contact  Quote this Post!
x 0   x 1  Alert Admin	Sold 200lot at 210 shiok ah profit 👍
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wehuattogether88 Supreme	25-Jul-2023 11:37        wehuattogether88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	RH Challenging the 0.21-0.215 level soon? wehuattogether88      ( Date: 24-Jul-2023 11:31) Posted: For RH, there should be possibilities of striking more black gold, that is why i think they announce the news. Just my thoughts.  Stocky901      ( Date: 24-Jul-2023 09:03) Posted: --- Post Removed by User ---
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wehuattogether88 Supreme	24-Jul-2023 11:31        wehuattogether88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	For RH, there should be possibilities of striking more black gold, that is why i think they announce the news. Just my thoughts.  Stocky901      ( Date: 24-Jul-2023 09:03) Posted: --- Post Removed by User ---
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wehuattogether88 Supreme	24-Jul-2023 08:48        wehuattogether88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems that this round RH might want to pierce through $0.205 and above because of new drilling of oil field for more oil production.
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sengkang Master	22-Jul-2023 16:26        sengkang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems to be another tranformational activity timed to take advantage of current high crude oil prices. Hope they hit the black gold jackpot aside the upcoming Salawati gas field works. Fingers crossed.  🚀 🚀 🚀 🚀 🚀 wehuattogether88      ( Date: 22-Jul-2023 14:41) Posted: From SGX: RH PETROGAS SPUDS RIAM-1 EXPLORATION WELL IN KEPALA BURUNG PSC, INDONESIA The Board of Directors of RH Petrogas Limited (the ?Company?, and together with its subsidiaries, the ?Group?) wishes to announce that its 82.65% owned subsidiary Petrogas (Basin) Ltd. has on 21 July 2023 spudded the Riam-1 exploration well in the Kepala Burung Production Sharing Contract ( ?PSC?), West Papua, Indonesia. The Riam-1 well is being drilled as a vertical well using the Group?s own rig to a proposed total depth of approximately 4,300 feet. The well seeks to test the oil potential in a combination of structural and stratigraphic traps within the Kais carbonate reservoir which is the main producing interval in the block. Riam-1 is located about 3 km west of the Walio field, which currently accounts for more than 50% of the block?s oil production. Drilling is anticipated to take approximately 30 days. The Riam-1 well is the first exploration well to be drilled under the firm work commitment of the Kepala Burung PSC which commenced in 2020. In the event of a discovery, the well can be put on production after an expedited government approval. Mr. Francis Chang, Group CEO and Executive Director, commented, ?We are excited to embark on our drilling programme which aims to unlock the upside potential of the block. Riam-1 is the first exploration well drilled in the block for almost a decade and is designed to prove up oil migration on the western part of the main Walio producing area. If successful, it will extend the production fairway westward and there are plans to drill a development well within this area towards the end of this year, to fast-track and monetise the newly discovered resources given the proximity to existing infrastructure.?
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wehuattogether88 Supreme	22-Jul-2023 14:41        wehuattogether88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	From SGX: RH PETROGAS SPUDS RIAM-1 EXPLORATION WELL IN KEPALA BURUNG PSC, INDONESIA The Board of Directors of RH Petrogas Limited (the ?Company?, and together with its subsidiaries, the ?Group?) wishes to announce that its 82.65% owned subsidiary Petrogas (Basin) Ltd. has on 21 July 2023 spudded the Riam-1 exploration well in the Kepala Burung Production Sharing Contract ( ?PSC?), West Papua, Indonesia. The Riam-1 well is being drilled as a vertical well using the Group?s own rig to a proposed total depth of approximately 4,300 feet. The well seeks to test the oil potential in a combination of structural and stratigraphic traps within the Kais carbonate reservoir which is the main producing interval in the block. Riam-1 is located about 3 km west of the Walio field, which currently accounts for more than 50% of the block?s oil production. Drilling is anticipated to take approximately 30 days. The Riam-1 well is the first exploration well to be drilled under the firm work commitment of the Kepala Burung PSC which commenced in 2020. In the event of a discovery, the well can be put on production after an expedited government approval. Mr. Francis Chang, Group CEO and Executive Director, commented, ?We are excited to embark on our drilling programme which aims to unlock the upside potential of the block. Riam-1 is the first exploration well drilled in the block for almost a decade and is designed to prove up oil migration on the western part of the main Walio producing area. If successful, it will extend the production fairway westward and there are plans to drill a development well within this area towards the end of this year, to fast-track and monetise the newly discovered resources given the proximity to existing infrastructure.?
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