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PETALING JAYA: Hibiscus Petroleum Bhd’s joint-venture company – Anasuria Operating Co Ltd (AOC) – which recently awarded a drilling rig contract to Seadrill Ltd’s subsidiary North Atlantic Drilling Ltd, is on track to complete the Guillemot A GUA-P2 side-track well.
PETALING JAYA: Petronas Carigali Sdn Bhd, the oil and gas exploration unit of Petronas, has formed a new unit to focus on marginal oil fields, sources said.
MAYBANK IB Research expects Sime Darby Property to unleash greater potential from its vast and diversified land bank, as it develops its land parcels or monetise them for quick gains.
KUALA LUMPUR: CIMB Equities Research has initiated coverage of information technology (IT) company Dagang Nexchange Bhd (formerly Time Engineering Bhd) which is moving into the oil and gas (O&G) sector.
KUALA LUMPUR: CIMB Equities Research is retaining its Add call for Dagang NeXchange (DNeX) with a higher sum-of-parts based target price of 75 sen following its maiden foray into downstream retail oil & gas. The last traded price was 59 sen.
KUALA LUMPUR: Stocks to watch on Thursday include Dagang Nexchange Bhd, TSH Resources Bhd, Berjaya Corp Bhd, Salcon, AirAsia X Bhd (AAX) and AMMB Holdings Bhd, according to JF Apex Research.
KUALA LUMPUR: Stocks to watch on Monday include Toyo Ventures Holdings Bhd, Dagang Nexchange Bhd (DNeX), PLS Plantations Bhd, SC Estate Builder Bhd and FGV Holdings Bhd, according to JF Apex Research.