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.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
