Hibiscus strikes first oil in North Sabah PSC

“Two more oil production wells are currently being drilled at St Joseph oil field, which will be followed by three new oil production wells and one water injection well in the SF30 oil field,” the oil and gas group said

KUALA LUMPUR: Hibiscus Petroleum Bhd said it has struck first oil in North Sabah.

The company, in a filing with Bursa Malaysia today, said wholly owned SEA Hibiscus Sdn Bhd on July 16 had safely and successfully drilled and completed the SJ105A well at the St Joseph oilfield.