PETALING JAYA: Hibiscus Petroleum Bhd has announced that the UK Oil and Gas Authority (OGA) has advised that two of the three licence agreements pursuant to the latter’s offer for award received by Hibiscus’ indirect wholly-owned subsidiary Anasuria Hibiscus UK Ltd (AHUK), have been fully-executed.
In a filing with Bursa Malaysia, Hibiscus said the licence agreement for the third offer involving the award for licence P2532, contagious to the Cook field, is in the process of being fully executed.
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