5 stories mentioning SGX:T13Updated 7m ago
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RH PetroGas (SGX:T13) total comprehensive income attributable to owners of the company jumped 31% in the first half of the year to $7.8 million from about $6.0 million a year earlier, according to a Wednesday filing with the Singapore Exchange.Earnings per share came in at $0.0094 compared with $0.0071 in the year-ago period.Revenue rose 10% year over year to $43.1 million from $39.3 million.
Singapore shares started the week lower, closing in the red zone on Monday, tracking broader regional losses despite the US President, Donald Trump, claiming fresh talks with Iran to find a long-term peace resolution.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,590.93 and 5,630.49 throughout the day. It ended the session at 5,612.28, down 16.22 points or 0.3% compared to Friday's close.On the corporate front, shares of GDS Global (SGX:5VP) surged over 7% at the close as it secured a new supply contract for its proprietary blast-mitigating shutters for a major oil and gas facility in Qatar through a local distributor.RH PetroGas (SGX:T13) closed over 2% lower as its unit completed drilling of the Northwest Klagagi-1 well under the Kepala Burung production sharing contract in Southwest Papua, Indonesia.Meanwhile, shares of Samudera Shipping Line (SGX:S56) were up nearly 1% at the close as it completed the disposal of MT Sinar Mendawai on July 31.
Petrogas (Basin), a subsidiary of RH PetroGas (SGX:T13), completed drilling of the Northwest Klagagi-1 well under the Kepala Burung production sharing contract in Southwest Papua, Indonesia, according to a Friday filing to the Singapore stock exchange.The company's shares were down nearly 2% in Monday's trade.Following the drilling, the company has selected three intervals for well testing, which is scheduled to start in the next few days. The testing will help the company gain valuable information on reservoir deliverability, pressure behaviour and fluid characteristics to support the overall evaluation of the well.The well targets gas and condensate in the Upper Kais Formation and explores hydrocarbon potential in the Lower Kais.
RH PetroGas (SGX:T13) commenced drilling at the Northwest Klagagi-1 well in Southwest Papua, Indonesia, according to a Thursday filing with the Singapore Exchange.The well, which comes under the Kepala Burung Production Sharing Contract, was spud through the company's own rig.The oil and gas exploration company is targeting gas resources in the upper Kais Formation as its primary objective.
RH Petrogas (SGX:T13) will cease quarterly reporting of its financials, according to a Wednesday filing with the Singapore Exchange.Shares of the upstream oil and gas company were up over 3% in Thursday trading.The disclosure comes after the company's auditor, Ernst & Young, gave the company a clean audit opinion.
