Turnaround within Reach?


Shahul: We were lucky when we bought the oil and gas field...the oil price was at the low end. Today, oil prices have more than doubled.

Oil and gas company may have turned the corner after posting maiden profit

Reach Energy Bhd has come a long way since it bought its maiden oil and gas (O&G) asset for some RM600mil back in 2016 in Kazakhstan. Very soon after that acquisition, global oil prices started plummeting.

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