PETALING JAYA: The second exploration well by Masirah Oil Ltd, an associate of Hibiscus Petroleum Bhd
, has achieved a light oil flow rate of up to 3,000 barrels per day.
Masirah Oil said in a announcement to the stock exchange that the well produced at high and stable rates during a 48-hour test and was currently suspended.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
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!
