Hibiscus Petroleum Bhd Company News

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Polo Resources to Acquire 8.4% Stake in Malaysia's Hibiscus Petroleum
Thursday, December 03, 2015 Polo Resources' subsidiary agrees to acquire an 8.4 percent stake in Malaysia's Hibiscus Petroleum.

Vic/P57 JV Confirms Sea Lion-1 Prospect Offshore Australia as a Dry Well
Wednesday, November 11, 2015 3D Oil confirms no hydrocarbons were encountered at the Sea Lion-1 prospect in permit Vic/P57 offshore Australia.

Hibiscus Petroleum Plans to Acquire Hydra Energy to Grow Oil Resource Base
Wednesday, November 11, 2015 Malaysia's Hibiscus Petroleum plans to acquire 100 percent stake in Hydra Energy as it tries to grow its oil resource base.

CHPL Conducts Formation Evaluation Test at Sea Lion-1 Well Off Australia
Monday, November 09, 2015 Carnarvon Hibiscus (CHPL), a uit of Malaysia's Hibiscus Petroleum, conducts formation evaluation test at the Sea Lion-1 exploration well in VIC/P57 Block in Australia's Gippsland Basin.

West Telesto to Spud Sea Lion-1 Prospect in Gippsland Basin Next Week
Monday, October 26, 2015 3D Oil says the West Telesto jackup is mobilizing to spud the Sea Lion-1 prospect in the Gippsland Basin, offshore Australia late next week.

Hibiscus Petroleum: Sea Lion-1 Spud Drawing Near
Friday, October 16, 2015 Hibiscus Petroleum Berhad reveals that the spud date for the Sea Lion-1 exploration well offshore Australia is expected by October 25.

VIC/P57 JV to Spud Gippsland Basin's Sea Lion-1 Prospect in Mid-September
Tuesday, September 01, 2015 3D Oil to spud the Sea Lion-1 prospect in Australia's Gippsland Basin in mid-September as adverse weather conditions delay handover of the rig from the current operator.

West Telesto to Spud Sea Lion-1 Prospect in Gippsland Basin in Late August
Wednesday, August 12, 2015 The West Telesto jackup is likely to spud the Sea Lion-1 exploration well in permit VIC/P57 in the Gippsland Basin, offshore Australia in late August.

The Gulf Hibiscus-Pacific Oil JV Clinches Offshore Block 2 in Gulf of Suez
Wednesday, August 05, 2015 The Gulf Hibiscus-Pacific Oil joint venture successfully bid for offshore Block 2 in the Gulf of Suez, Egypt from Ganope.

Hibiscus Aborts Plan to Buy Talisman's Stake in JPDA 06-105 Off Timor-Leste
Tuesday, June 02, 2015 Hibiscus Petroleum terminates plan to acquire Talisman Resources, which has a 25 percent stake in the Kitan oil field in JPDA 06-105 block in the Australia-Timor Leste Joint Petroleum Development Area north east of Darwin, Australia.

Lime Petroleum Acquires 30% Stake in PL338C off Norway from Lundin
Wednesday, February 25, 2015 Lime Petroleum acquires 30 percent interest in PL338C offshore Norway from Lundin Petroleum.

Hibiscus Progresses Plan for West Telesto to Drill Sea Lion Well in VIC/P57
Thursday, February 12, 2015 Hibiscus Petroleum progresses plan for West Telesto jackup to drill the Sea Lion exploration well in permit VIC/P57 offshore Australia in June.

Hibiscus to Capitalize on Lower Service Rates for 2015 Drilling Operations
Friday, January 30, 2015 Malaysia's Hibiscus Petroleum hopes to capitalize on lower service rates for its 2015 drilling operations.

Hibiscus Completes Deals for Stakes in 3DO's Upstream Assets in Australia
Tuesday, November 18, 2014 Hibiscus Petroleum completes transactions to acquire stakes in 3D Oil's upstream assets in Australia.

Seadrill's West Telesto to Drill Sea Lion Prospect in VIC/P57 Off Australia
Thursday, October 30, 2014 Hibiscus Petroleum's unit contracts Seadrill's West Telesto jackup to drill the Sea Lion prospect in permit VIC/P57 offshore Australia.

Hibiscus Clears Australian FIRB's Hurdle to Take 25% Stake in Kitan Field
Friday, August 22, 2014 Hibiscus Petroleum moves nearer to completing its acquisition of a 25 percent stake in Kitan oil field after Australia's Foreign Investment Review Board raised no objections.

Hibiscus' CHPL Exercise Option to Acquire Permit VIC/L31 in Gippsland Basin
Monday, August 18, 2014 Hibiscus Petroleum's unit Carnarvon Hibiscus exercises option to acquire the remaining interest in permit VIC/L31 in the Gippsland Basin off Victoria, Australia from 3D Oil for $14.05 million.

Reach Energy Whets Investor Appetite for Malaysian SPACs
Friday, August 15, 2014 Reach Energy, set up by veterans in Malaysia's oil and gas industry, made its market debut in Kuala Lumpur after completing the country's largest-ever initial public offering by a special purpose acquisition company (SPAC.)

3D Oil Shareholders Agree to Transfer 20% Stake in Permit VIC/P57 to HIREX
Tuesday, August 12, 2014 3D Oil shareholders agree to transfer 20 percent stake in exploration permit VIC/P57 located offshore Victoria, Australia to Hirex.

Lime Petroleum Relinquishes 3 Norwegian Licenses in the North Sea
Friday, July 25, 2014 Lime Petroleum relinquishes three Norwegian licenses, located offshore in the North Sea.

Hibiscus Ups Stakes in VIC/L31, VIC/P57 Licenses in Gippsland Basin
Tuesday, July 08, 2014 Hibiscus Petroleum raises stakes in VIC/L31 production license and VIC/P57 exploration permit in Australia's Gippsland Basin.

Zubara Makes Preparation to Drill Exploration Well in Sharjah Block Off UAE
Thursday, June 26, 2014 Zubara Petroleum makes preparations to drill an exploration well in the Sharjah Offshore block in the United Arab Emirates by the third quarter of 2015.

Hibiscus Acquires Talisman's 25% Stake in Kitan Oil Field in JPDA 06-105
Tuesday, June 24, 2014 Hibiscus Petroleum acquires Talisman's 25 percent stake in Kitan oil field in the Bonaparte Basin in the Australia-Timor Leste Joint Petroleum Development Area.

Parties in Hibiscus' Australian Asset Acquisitions to Ink Deals Soon
Tuesday, June 24, 2014 Hibiscus Petroleum reports that the parties involved in its acquisition of upstream assets in Australia hope to ink the agreements within the next 2 weeks.

Lime Buys Norwegian License Stakes from North Energy
Thursday, June 05, 2014 North Energy confirms a deal to sell a 5% holding in Norwegian Sea production licenses 591 and 591B to Lime Petroleum Norway.

3D Oil to Transfer 20% Stake in VIC/P57 Permit in Gippsland Basin to HIREX
Wednesday, May 14, 2014 3D Oil agrees to transfer 20% stake in VIC/P57 exploration permit in Australia's Gippsland Basin to Hibiscus Petroleum's unit HIREX.

Masirah Moves to Next Stage of Work Program for Oman's Offshore Block 50
Friday, March 07, 2014 Masirah Oil gets approval from Oman's Ministry of Oil and Gas to proceed to the second phase of its minimum work obligation for Oman's offshore Block 50.

Lime Norway Acquires 20% Stake in License PCL509CS in the North Sea
Monday, February 24, 2014 Lime Petroleum Norway, a unit of Malaysian Hibiscus Petroleum's jointly-controlled entity Lime Petroleum, acquires 20 percent stake in PCL509CS in the North Sea.

Murphy's Potential Sale of Upstream Assets in Malaysia Attracts Local Firms
Friday, February 21, 2014 Murphy Oil's potential sale of a 30 percent interest in upstream assets in Malaysia draws interest from local petroleum companies.

Masirah Discovers Oil at Block 50 offshore Oman
Wednesday, February 05, 2014 Masirah Oil makes oil discovery at the second exploration well in Block 50, offshore Oman.

GCA Completes Reserves Assessment for West Seahorse Oil Field
Tuesday, January 14, 2014 3D Oil announces that Gaffney, Cline & Associates has completed an independent reserves assessment for the West Seahorse oil field in Australia's Gippsland Basin.

Aban VII Spuds GAS#1 Exploration Well in Block 50 off Oman
Tuesday, January 07, 2014 Masirah Oil reports that Aban VII jackup commences drilling at the GA-South (GAS#1) exploration well in Block 50 concession off Oman.

VIC/P57 JV Receives Production License for West Seahorse Oil Field
Friday, December 06, 2013 The National Offshore Petroleum Titles Administrator of Australia awards the VIC/P57 joint venture a production license over the West Seahorse oil field in Australia's Gippsland Basin.

Hibiscus Progresses Plan for West Seahorse Development in VIC/P57
Thursday, November 21, 2013 Hibiscus Petroleum progresses plan for the development of the West Seahorse oil field in permit VIC/P57 in Australia's Gippsland Basin.

NOPTA Offers JV Production License for West Seahorse Oil Development
Thursday, November 14, 2013 The National Offshore Petroleum Titles Administrator in Australia offers the VIC/P57 joint venture a production license for the West Seahorse oil development in the Gippsland Basin.

Hibiscus Enters into 2nd Round Bidding for Newfield's Asia Assets
Thursday, August 22, 2013 Malaysia's Hibiscus Petroleum gets shortlisted for second round bidding for Newfield Exploration Co.'s assets in Malaysia and China.

Aban VII Gets Drilling Assignment Offshore Oman
Monday, August 19, 2013 Hibiscus Petroleum's subsidiary awards a contract for Aban VII jackup to undertake a drilling program at Block 50 concession offshore Oman.