June 20, 2020
Dateline 2020-06-02, Steel Guru:
RH Petrogas has announced that its subsidiary RHP (Mukah) Pte. Ltd will not be seeking a further extension of the Block SK331 Production Sharing Contract when its current exploration period expires on 5 June 2020. The Group has arrived at this decision after taking into consideration the block’s geological risks and the magnitude of additional exploratory works required to further appraise the prospectivity of the block, as well as the current challenging business environment facing the oil and gas industry. As such, the Group will be proceeding to relinquish the block, which is located onshore Sarawak, East Malaysia.
September 12, 2014
Dateline 2014-06-30, Oil & Gas Technology:
RH Petrogas Limited has declared that its wholly owned subsidiary RHP (Mukah) has commenced the acquisition of approximately 550 line kilometres of 2D seismic survey in Block SK331 onshore Sarawak
The survey is expected to be completed in November 2014
Block SK331 is a large block covering an area of 11,600 square kilometres. The design and layout of the 2D seismic survey is based on the results of the 12,414 line kilometres of full tensor gradiometry survey conducted in 2013 and of the reprocessing of old seismic lines within the block.
Through the results of this new 2D seismic survey, the company is targeting to further evaluate several identified leads in order to upgrade and mature one or more of them into prospective candidates for exploration drilling.