RH Petrogas May Benefit From Some Drilling Catalysts in 2023 -- Market Talk

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RH Petrogas May Benefit From Some Drilling Catalysts in 2023 -- Market Talk

Dow Jones2023-04-10

0152 GMT - RH Petrogas may benefit from some drilling catalysts in 2023, says UOB Kay Hian analyst Adrian Loh in a research report, as the brokerage initiates coverage of the stock with a buy rating and a target price of S$0.255. The Singapore-listed oil and gas company plans to drill exploration and development wells at Kepala Burung Production Sharing Contract and an exploration well at Salawati PSC, the analyst notes. According to the company, its seismic data shows its exploration well at Kepala Burung PSC will target 1.8 trillion cubic feet of natural gas, which would be notable to a company of RH Petrogas' size, the analyst adds. Shares are unchanged at S$0.200. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

April 09, 2023 21:52 ET (01:52 GMT)

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According to the company, its seismic data shows its exploration well at Kepala Burung PSC will target 1.8 trillion cubic feet of natural gas, which would be notable to a company of RH Petrogas' size, the analyst adds. Shares are unchanged at S$0.200. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 09, 2023 21:52 ET (01:52 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>RH Petrogas May Benefit From Some Drilling Catalysts in 2023 -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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The Singapore-listed oil and gas company plans to drill exploration and development wells at Kepala Burung Production Sharing Contract and an exploration well at Salawati PSC, the analyst notes. According to the company, its seismic data shows its exploration well at Kepala Burung PSC will target 1.8 trillion cubic feet of natural gas, which would be notable to a company of RH Petrogas' size, the analyst adds. Shares are unchanged at S$0.200. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 09, 2023 21:52 ET (01:52 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>RH Petrogas May Benefit From Some Drilling Catalysts in 2023 -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRH Petrogas May Benefit From Some Drilling Catalysts in 2023 -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-04-10 09:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0152 GMT - RH Petrogas may benefit from some drilling catalysts in 2023, says UOB Kay Hian analyst Adrian Loh in a research report, as the brokerage initiates coverage of the stock with a buy rating and a target price of S$0.255. The Singapore-listed oil and gas company plans to drill exploration and development wells at Kepala Burung Production Sharing Contract and an exploration well at Salawati PSC, the analyst notes. According to the company, its seismic data shows its exploration well at Kepala Burung PSC will target 1.8 trillion cubic feet of natural gas, which would be notable to a company of RH Petrogas' size, the analyst adds. Shares are unchanged at S$0.200. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 09, 2023 21:52 ET (01:52 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4559":"巴菲特持仓","BK6522":"化石燃料股","BK4588":"碎股","BK4178":"家庭装饰零售","RH":"Restoration Hardware Holdings","BK6115":"石油与天然气的勘探与生产","T13.SI":"常青石油及天然气","BK4585":"ETF&股票定投概念"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2326659314","content_text":"0152 GMT - RH Petrogas may benefit from some drilling catalysts in 2023, says UOB Kay Hian analyst Adrian Loh in a research report, as the brokerage initiates coverage of the stock with a buy rating and a target price of S$0.255. The Singapore-listed oil and gas company plans to drill exploration and development wells at Kepala Burung Production Sharing Contract and an exploration well at Salawati PSC, the analyst notes. According to the company, its seismic data shows its exploration well at Kepala Burung PSC will target 1.8 trillion cubic feet of natural gas, which would be notable to a company of RH Petrogas' size, the analyst adds. Shares are unchanged at S$0.200. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 09, 2023 21:52 ET (01:52 GMT)\n\n\n  Copyright (c) 2023 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":2,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}