Hibiscus gives more details on Oman oil well project


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.

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