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Onshore Indonesian producer forecasts profit hit

LITTLE-known independent oil and gas explorer and producer, RH Petrogas, which owns assets across Indonesia and Malaysia, has forecast a major hit to profits resulting from COVID-19 which has shattered supply as well as the oil price crash.

paul hunt
Onshore Indonesian producer forecasts profit hit

  Singapore-headquartered RH Petrogas (RPH) holds two producing assets in Indonesia - the Kepala Burung PSC and Salawati Kepala Burung PSC - both in West Papua.  It has a 70% interest in the onshore...

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