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.

Onshore Indonesian producer forecasts profit hit Onshore Indonesian producer forecasts profit hit Onshore Indonesian producer forecasts profit hit Onshore Indonesian producer forecasts profit hit 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.